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Lower Lows and Lower Highs for 500, Alex - 9/7/22


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Personally speaking...

Today's action? I'm not seeing anything out of the ordinary.

I expect a much larger fight at the swing point(^GSPC, as mentioned...the general area of 3750).

Instability, aka volatility...should increase as we move forward.

It's the signature(or precursor) of what I'm/we're waiting for...

Best,

TCG

oh...and...

Europe?  Before winter falls?  I believe there are a few chapters to this story not yet written.

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2 hours ago, Jimi said:

Question for those on this side of the Atlantic....

How on earth are European households & businesses going to weather winter?

:unsure2:

Situation definitely makes Kitty scared on its surface.

Go and ask Merkel and her old friends the Green Maoists. It is all and only her and their fault, from A to Z.

It is like if Bernie Sanders would be POTUS and Gore Vidal his Vice. Receipe for apocalyptical disaster. 

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So... I'm getting all my color on this topic from twitter, which can be, umm, biased & colorful.  But it seems like a whole lotta companies are gonna go bust, a whole lotta households are gonna suffer mightily, and frankly, the European project itself may falter on the political & financial strains that are barreling down the path.

Here in California, we have similar idiocy, involving inadequate electrical supply on a shaky grid... despite all of this having been revealed at least two decades ago, when Californians threw a governor out of office about it. It's rather insane.

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25 minutes ago, Jimi said:

So... I'm getting all my color on this topic from twitter, which can be, umm, biased & colorful.  But it seems like a whole lotta companies are gonna go bust, a whole lotta households are gonna suffer mightily, and frankly, the European project itself may falter on the political & financial strains that are barreling down the path.

Here in California, we have similar idiocy, involving inadequate electrical supply on a shaky grid... despite all of this having been revealed at least two decades ago, when Californians threw a governor out of office about it. It's rather insane.

Ever since "The Terminator" left.........(or Moon Beam)

Did Elvis leave the building (NO)........or did Fiat, AKA DEBT/STOLEN MONEY (take a look at all the Long Term Politicos)

Start at the top......ie US ( the top 3 positions and minority pos) never changed in decades)

Graft must be fun.........(Taxes are for the "little people")

 

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