About 20 minutes ago, when the market was off by 650, I made my quantitative purchases for the month of April. I didn’t want to do it — but rules are rules and Exodus has made its recommendations by which I am obligated to follow.
It should be noted, this strategy has beaten the SPY ever month of 2018 and is +2.1%, even after today’s setback, substantially better than the loss of 4%.
Over in my trading account, I am much more reserved, long three stocks, one of which is ERY, a downside play on oil stocks. The majority of my account is in cash and although it’s tempting to buy this dip — I see no reason to get involved in this shit-storm in any significant manner.
As you wallow in your misery, might I entreat you to an old classic?
Enjoy.
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Retest complete.
fuck –youall
nice
I gave you thumbs up, but tell me this: is the next 5% move (in whatever stock index you are using) going to be up or down?
You said (and I agree) that it was all BS since Jan 2017, but the bulls are still up quite a bit.
Just stating that retesters got their hit. With rousing applause.
As for 5%, I would say you have a declining 50dma about 5% above the 200. I think it will be tough to break the 50 day if you get there. It may be a declining trend now…
So in other words, you have no idea.
If you speak in riddles you can be wrong forever and still sound smart.
The sudden focus on me says a lot lol
You know the tide has started turning. lol
The energy you’re spending “on attack” – lol
so, you want me to pin down an opinion on the next 5% move? and then when I provide the most reasonable answer available, lambaste? oh, what a hotshot
You’ve been called out from the moment you showed up years ago. You used to talk about doubling and tripling down on leveraged inverse ETFs. You were so wrong for so long you stopped giving specifics and just vaguely referenced manipulation. Keep telling yourself the attacks are a recent trend…but if you keep adding zero value you’ll keep getting attacked.
I think that was a perfectly reasonable answer. The explanation has more insight than a prediction, and the prediction is ther, if not as clear.
“if you get there” -> bearish
“tough to break” -> bearish
Overall pessimistic viewpoint. I’m counting this as saying 5% down.
I’m also in agreement. On a technical level, we are now below the 200dma, which hasn’t occurred since mid-2016
The next 5% move will be up
It’s silly. This call of yours was wrong for so, so very long. The only folks you can really sneer at are ones that got in for the first time a couple of weeks ago. Everyone else made money on the way up and has the exact same opportunity as you to make money if it goes down.
Why the anger, dude. It won’t help you next time.
PS I sincerely hope you make a ton of money on the next multi-year move, whatever the direction.
I’m on longterm conquest, and poetic justice, themes
Best to you in your game
Couple weeks ago you were bragging about how you called the bitcoin bubble when it was $4,000…
This sounds oddly similar.
I’m about Truth to Bullshit
Truth To Power
Truth To Power!
Truth to Bullshit
it’s about machinations in the financial power circle agendas
So how do you know when you’re right?
You can be early and blame manipulation forever.
Dude!
Uh the indexes would’ve rolled over by 2011 without the mechanisms, and/or programs [qe, zirp], being applied
Get it?
Dude?
The manipulation at least doubled the height of eventual normalization. It’s not a right/wrong thing. It’s just the factual timeline.
Well…you’re confident…I’ll give you that much.
Way too early. This market will chop you up.
Folks will buy the dip, squeeze out 1-2% and think they got it.
Nah, still more to go.
LOL. “Even Cramer doesn’t know what to think.”
WTF happened to “as january goes so does the market” mofos!!!??? I would use moar exclamations but Dr. Fly doesn’t like moar than three.
We end the year up 10%. Book it.
January was a predetermined finale
It’s right in line with everything I said the previous 6+ months
Not a brag. Not a reach… just fact
Its OVER crypto fags. We are talking Ethereum down from $1200 to $350 in 2 FUCKING MONTHS! CANCEL ALL ORDERS! We told you to get out and you didn’t listen. https://www.tradingview.com/x/AaGVcZxw/
That 19,000 Bitcoin top in December and subsequent breakdown was really the signal for this wipeout.
I say we hit a true bottom when Bitcoin goes where it was when Trump was elected UNDER $1000. With a little luck we can get there by Fall this year.
Sept. 12, 2017, December movie release
“it is showtime 4:54 pm”
Not sure if its a coincidence a PT barnum movie has a release coming
https://ibankcoin.com/flyblog/2017/09/12/dimon-governments-will-shut-bitcoin/#comment-535477
Traders ought to study the 1962 stock charts circa Cuban Missile Crisis when the markets went down vertically for days. That looks fun.
Huh??
Oil breaking down