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  1. M

    ES Journal - 2017/2018

    Seems PPT continuing to prop mkt up. Until they are banned from intervening like they have been the last 10 years, BTFD.
  2. M

    ES Journal - 2017/2018

    BTFD. Until central bankers pull back, every dip should be bought.
  3. M

    ES Journal - 2017/2018

    Right...LOL
  4. M

    ES Journal - 2017/2018

    NFLX beat on top line but missed on bottom line yet stock rallies 11% after hours. Wall street in dot com bubble mode again.
  5. M

    ES Journal - 2017/2018

    Projected measured move from 2016 low is 2470 and 2009 low is 2485. Unless we get some blow off move from FANG's earnings can't see where a huge extension is anywhere in near future until we get sizable pullback for reloading.
  6. M

    ES Journal - 2017/2018

    Volume on the light side today
  7. M

    ES Journal - 2017/2018

    Shenanigans continue.
  8. M

    ES Journal - 2017/2018

    Just like bears, when bulls getting slayed they go completely silent.
  9. M

    ES Journal - 2017/2018

    That's a large stop. You must see a large move down coming.
  10. M

    2014: The Battle for Survival

    Bingo. Takes years and drawdowns for most to develop. It's not easy but once you do, the account grows steadily with spurts here and there. However, always need to keep your guard up.
  11. M

    2014: The Battle for Survival

    You're not alone. Many do this, although most cannot admit it, and end up blowing out their accounts. It's a learning process. Pat yourself on the back for recognizing it before complete blowup. Slow and steady wins the race. Speaking from personal experience, I tried the rabbit approach...
  12. M

    Yellen: Banks 'very much stronger'; another financial crisis not likely 'in our lifetime'

    How is the current level not out of control??? It reached 106% at the end of 2016. We are #3 in the world next to Japan and Italy. We know where those 2 economies stand. Deleverage or grow. Hiking taxes so the government can spend even more ain't going to cut mustard. It will make things...
  13. M

    Yellen: Banks 'very much stronger'; another financial crisis not likely 'in our lifetime'

    The reset will happen sometime in the next 1.5 years when confidence is all but lost in the central bankers ability to continue feeding the bloated pig. The lows from 2009 will be tested and most will lose a shit ton again. But the world will be fine and we will recover. This time around the...
  14. M

    US housing prices are rising twice as fast as wages

    New parents cutting back on number of kids they are having as it takes two incomes now to support a family. Day care not cheap. New parents waiting longer and longer to have kids. Immigrant popularion not rising any longer, at least next 4 years. I don't see how the rise in apartments is...
  15. M

    ES Journal - 2017/2018

    2 gaps below still not filled: 2379.5 and 2360.5. Not a prediction but very few expecting it going into a holiday although we managed to close back in the range.
  16. M

    Yellen: Banks 'very much stronger'; another financial crisis not likely 'in our lifetime'

    The only way to fix the quagmire we are in is to let it reset. Yes many will get hurt. The process is starting. News on banks overnight is just the start. It's a feel good moment for them and their investors.
  17. M

    Yellen: Banks 'very much stronger'; another financial crisis not likely 'in our lifetime'

    The fed has gone way way way outside their boundaries. Janet is a hawk at heart and a fan of big government.
  18. M

    US housing prices are rising twice as fast as wages

    Rinse and repeat. Pay now or pay later. Or maybe never as they will continue to print if things get out of control again. Latest housing report proves the mentality of keeping the public uninformed on inflation. They now blame drop in sales on higher prices caused by lack of starter homes at...
  19. M

    US housing prices are rising twice as fast as wages

    House of cards all over again while feds have a morsel to throw at it. Best of luck Janet....you may go down as the worst Fed pres in history.
  20. M

    US housing prices are rising twice as fast as wages

    And some penthouse in upper east side went into bankruptcy recently that was sold for $50+ mil back in 2015. The naked swimmers are starting to get exposed!
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