iBankCoin
I turn dials and fiddle with knobs to hone in on harmonic rotations
Joined Oct 26, 2011
4,121 Blog Posts

iBankCoin Labs Is Bullish Here

Hi,

No effort will be made to sensationalize this week’s findings.  About three hours into the research done every Sunday, we have a bullish bias going into next week.

Maybe having a directional bias does not matter to you.  That is fine.  You do not trade on my level.

Whenever you hear someone say that old trading cliché that goes something like ‘once I realized I can be wrong and still make money, I started being this awesome and amazing trader’ it means they finally wrapped their mind around risk management.  Which is great!  It is an important step.

But there are levels to this game.  Maybe you can operate on a higher plane than getting a firm grip on risk management.  Maybe you can create an objective way of forecasting market direction and maybe that can help you extract more money from the exchange.

Moving on.

Semiconductors will tell the story next week.  They were consolidating going into last week, then they made an attempt up-and-out of range.  The thing is, markets spend the majority of time in balance/range.  Very little time is spent discovering new prices.  With that in mind, the way I see the semiconductor index heading into next week is not-so-bullish.  It looks like the bulls better be on the gas by Wednesday, otherwise a quick trip back to the mean is likely, see below:

Maybe you just buy-the-dip.  That is fine.  That probably has worked out extremely well for you.  If that is your strategy, you will have a hard time buying semiconductors up here, so you’d best hope some real funds come in who could not care less about dips, rips, or anything in between.  Some funds that just need exposure to semiconductors at any cost.

Moving on.

Transitions can be hard.  Life comes at us fast.  People tend to show their true character in times of uncertainty and change.  Some take the change with elegance, some take it with a few-too-many swigs of liquor.  It all comes down to finding balance.

Which is what we constantly do here at iBankCoin laboratory.  We seek balance.  Once we find balance, we have a sense of where its boundaries are, where people will be confused and easy to beat.  So we beat them with humility then go back into the lab and plan our next move.

It is not sexy, it is not sensational.  What is sensational is the money, I suppose.  Our culture sure likes money.

We are bullish here.  Inside the Strategy Session we lay out a more specific road map for the week, but it probably is not of use for most of you.  For most of you, it is just a matter of waiting for the next dip and buying it.

There are not-so-subtle nuances that are being picked up by the Exodus sentinels also—thousands of censors deployed throughout the financial complex—which inform us of rare anomalies.

Again, useful information.  Is there some risk of it being arbitraged away because a hand full of people know about it?  I doubt it.  Most people would not know what to do with the information, and the few that do know are quite likely seeking bigger fish to fry.

In summary, the good scientists at iBankCoin laboratory were reminded recently of the nature of humans.  The way their organic systems slowly decay.  The constant shedding.  Their base instincts and how ugly they can be.  And useful.  And we realize that the only way to truly create something powerful is to work alongside the gen-pop by consistently offering them extremely objective information in hopes that at some point, perhaps during a period of transition, they will stop and think, “you know what, these scientists are really onto something.”

Distinguished members of Exodus Market Intelligence, it is with humility and honor that the 146th edition of Strategy Session was prepared.  The report is live now, go check it out!

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6 comments

  1. Goober

    You can be wrong here or there or pass on quite a few swings as long as you’re right with leverage a handful of times. You only take swings when your system tells you the risks outweigh the rewards. Makes perfect sense to me. Price discovery in the Nasdaq is relevant to everyone.

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  2. lesurgeon

    We should have a live event in exodus every Sunday to toss ideas around and discuss outlook for the week.

    Posts are cool. Live with Q/A would be dope.

    Couldn’t make it to Detroit, I can make it inside exodus.

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  3. joy

    This week just feels a little early to buy in, I’ll wait there will be lower point come deeper into Sept Oct.

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  4. oilerua

    Rotschild’s have just sold out 50% of USA stakes and looking to keep doing more aggressively
    jfyi

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  5. oilerua

    Buffet last interview says he do not find equities appealing at this point..he has 86B on hands in fact ( not invested )

    European Commission in Brussels said Wednesday that euro-area economic confidence rose to the highest level in a decade in August” maybe not the final top .. but you know yet were we are as a fact , at a top

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  6. oilerua

    good timing!

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