Financial topics

[Higgenbotham]

I sold 5 lots last week and have been working to bring my average up by taking some money out every session. I got the average on those 5 up to 2645 tonight. Then I added 5 more tonight at 2781. The market (S&P) is currently trading 2802.

I took a loss of 34 points on the 5 lots I added last night ($8,537.50) . This evening the S&P hit a new high for the move. I'll just go with the flow for now.

This week I recovered almost all of the 34 point loss noted here. I ended the week short 5 lots at an average 2643.

As noted earlier, I will not be adding until the market establishes a downtrend. That's not my usual style, but I'm guessing the next downtrend could be a crash and when all is said and done, it won't be the 50 or so points that matters, but being on as much as you can be on as it collapses.

[aeden]

Agree H
Dislocations are the velvit ropes witnessed.
The contractor franchised purchases of assets are well underway.
The comment of the class of 86 means little and at least Mr. Lute was truthful
https://www.zerohedge.com/geopolitical/ ... washington
to what is and not what was. The Authors points to what indulgences the 86 wants
and how far and fast they sold our asses down the river. Allowing 95 percent of sectors
stripped and the damn fools I would do it in a second to allow the knowledge base to be removed
in lets be blunt a blitzkrieg rate of it even the last decade. Internal SAP data bases had been looted at will.
The root issue is what was and is allowed to be sold for the foundation cults and the collaborative
lab efforts as we bury our dead. I do thank the Office for the push for PPE to keep the actual
facts who got what done to protect who we actually serve.

https://www.mintpressnews.com/genesis-j ... ip/261455/


https://en.m.wikipedia.org/wiki/Superio ... mary_table
Locally a few Counties are hot spots so here we are hostage to retards again.
Then the pricks drop the you have to bail out the blue islands models.
These States should collapse and will hopefully will since assclown voters deserve the very best
looters. You can here them whine about they always talk at us not with us.
Its called a budget snowflake we do not have time to waste it on reassignment surgery's cults
to enable NGO alien smugglers of plantation vote herders.

[vincecate]

N. Korea Dictator Kim Jong-un Reportedly Dead ... After Botched Heart Surgery
https://www.tmz.com/2020/04/25/north-ko ... ry-reports

[Higgenbotham]

You guys are alluding to a thought I've had. For the past few weeks, it has been "All virus all the time." What happens when the second shoe drops? Just as the world was unprepared and taken surprise by the virus (which was entirely foreseeable, but we just didn't know when), so it appears it will be when the second shoe drops.

We know that for months and months, the market rose on positive news about a China trade deal. What happens if the Chinese say there is no longer a trade deal? They just say they can't honor it or they just stop honoring it.

Which reminds me of something else. Considering what was done with the China trade deal and the latest drug news, we know exactly how they will jack the market up in the absence of anything else. The Jews will be hyperventilating as they breathlessly report, "Breaking news! There is a promising new vaccine!" Which of course will be total bullcrap, but keep some dry powder to short if or when it happens. If they can rally the market 200 on that only to drop it 150 when the story fizzles out, they can claim victory for the time being.

[Higgenbotham]

Regarding retracements.

I think it's important to look at retracements across a variety of indices to get a feel for where this might top out (not just the S&P).

Russell 2000 and Dow Jones Transportation Average - about 38%.
Dow Jones Industrial and New York Stock Exchange Composite Index - about 50%.

Etc.

[Higgenbotham]

I'm not saying they will be as successful with fake drug and vaccine news as they were with fake China trade deal news, but we know the MO (modus operandi). Fake news and counterfeit money are the tools. The variable is time and when the second shoe is going to drop. It shouldn't be too long. Until it does, the game for the shorts is survival.

[Higgenbotham]

My best guess near term date for a crash is Monday, May 18, 2020.

The ten year anniversary of the flash crash is May 6, 2010. I'll be watching that, but I think it is more likely that the big crash day if there is to be one soon will be May 18.

[richard5za]

My best guess near term date for a crash is Monday, May 18, 2020.

The ten year anniversary of the flash crash is May 6, 2010. I'll be watching that, but I think it is more likely that the big crash day if there is to be one soon will be May 18.

My big question is where will the S&P 500 top out? I am forecasting a 61.8 retracement (being an Elliot man) which is around 2935. I could see a crash on Monday May 4 for Wall Street and the next day elsewhere. Both 11 and 18 May are possible, as is 25. Just based upon bear market patterns I would say earlier rather than later. However, I have no mathematical, historical or quantitative evidence for anything I've said except perhaps the 61.8
What will flatten my ego is if this market continues up and makes a new record high!! It's possible albeit so unlikely.
I am ready to go short!

[aeden]

The Demsheviks are in full Pravda. We are dealing with three classes of useful, cheerful and simply evil tech idiots.
Twitter Suspends Account Of Biotech Company Testing UV Light.

https://news.columbia.edu/ultraviolet-t ... 9-UV-light

This information has been known for decades and does not fit the Tech drug maniacs with media soaking technique.
Yes we know about MMR inoculations.

Market fundamental do not exist and died a silent death.

We believe that the weight of 90 years of evidence (table 3), including the exceptional but largely forgotten work of an earlier generation of pathologists, indicates that the vast majority of pulmonary deaths from pandemic influenza viruses have resulted from poorly understood interactions between the infecting virus and secondary infections.

Another narrative and yes sometimes detection is lacking for early treatment it more than appears.
The science is past clear to what these maniacs are doing.

The true virus is still ignored.

As for the initial numbers they are off over 60 percent to the low side on death rates to the elderly.
Simply industrial scale slaughter and Zeke should be in ecstasy to the death rate.
Sheep is a vast understatement to actual affairs.
We warned you they needed to be pushed into the ocean early.

https://www.youtube.com/watch?v=K-txAt5n4cI

[Higgenbotham]

The Demsheviks are in full Pravda. We are dealing with three classes of useful, cheerful and simply evil tech idiots.
Twitter Suspends Account Of Biotech Company Testing UV Light.

https://news.columbia.edu/ultraviolet-t ... 9-UV-light

This information has been known for decades and does not fit the Tech drug maniacs.
Yes we know about MMR inoculations.

Market fundamental do not exist and died a silent death.

We believe that the weight of 90 years of evidence (table 3), including the exceptional but largely forgotten work of an earlier generation of pathologists, indicates that the vast majority of pulmonary deaths from pandemic influenza viruses have resulted from poorly understood interactions between the infecting virus and secondary infections.

Another narrative and yes sometimes detection is lacking for early treatment it more than appears.
The science is clear to what these maniacs are doing.

The true virus is still ignored.

As the coronavirus debacle drags on and on, the scientific ignorance in this country has been incredible to witness. You are absolutely correct that this information has been known for decades, and it's been known in many applications. Dozens of cities throughout the world have been using UV-C for decades to recycle and disinfect sewage for use as drinking water with certified minimum 4-log removal of viruses, which amounts to 99.99% removal. The contact time through the UV-C reactor is very minimal, I think much less than one second to achieve this level of removal. The optimal UV-C wavelength to kill the largest virus load is 254 nanometers and all of this information is readily available.

Watching the idiots latch onto Trump's mention of UV was disgusting. The mentality of these people is no higher than a piranha engaging in a reflexive biting action. America has truly entered into a new dark age and the big important consequences are just now coming home to roost.