It keeps doing it. Note this phenomenon ES breaks the weekly line first, then NQ, YM have their chance to test. I fell victim to the trap a few days ago ?(traders amnesia), not “believing” it, but ES is the leader. ES breaks, the others follow. Front run it for easy money with defined risk, if you dare. It’s the leader because financials lead, a thing I told you 1000 years ago.
GS -3.96%
I was about to go into Oil with size, in CNQ. I ignored the Yearly pivot resistance, trying to make a conjectural assumption higher. Shame on me. I could of made a princely fortune off that precipitous drop. Now it feels too late. Or is it?
My province relies a lot of Oil royalties. If oil drops below $85 I’m guessing pressure’s on. We’ll be seeing more and more of this cutting, as demonstrated by the Redford (fucktard) Government. Alberta has a long history of applying draconian cuts in Arts, Educations, and like helping poor and disabled people when times get tough. It was before my time, but I’m guessing that’s all just linked to Oil, and they are a bunch of fucking crooks, and shit. Mt. Royal university just cut all Arts programs, and disabled students benefits, and big cuts to nursing. How far does that missing 14 million go, in operations up north? Crack showing?
That’s how the US could attack us. Destroy the Oil prices and snap up companies; the shattered remains. I’m trying to remain optimistic, but like a deeply embedded Armageddon fear, I know its not entirely impossible.
USD.CAD has broken out. Those betting against that, like really, good luck. Hmmmmmmmm…..
If you can’t take some punches, you best slow your roll. This fucking party just started.
The happy death dealing locomotive, puffing friendly white clouds of steam, rolls through the country side unnoticed; in it’s caboose are a gang of ninjas, under low light, drinking, smoking cigars, and playing cards. Off to the side is me, minding my own business, waiting for the next stop.
When the time is right (time to buy), my first move will probably be dispatching every B-Ninja I was just rolling with, with a “DOUBLE UPPER-CUT”. I think you know the “move” I’m referring to. When I see Benjamin’s pipe smoke in the clouds.
