For the first time, the debate over the possibility of the U.S. defaulting on its loan is floating in the media in earnest. The Congress has raised the debt ceiling for like, uhmm, more than I care to count and it appears they won't stop any time soon. The point is that the debt is so...
No I don't. This isn't about black or white. In fact, they're both culpable. Like I said in the title, it's these friggin' "copycats" that I'm so sick of. Unless you're a born-again fucking moron, you couldn't have missed all the daily news reports about racial violence on the media. It has been...
By copycats, I ain't talking about places like China who rampantly steal intellectual properties. I'm talking about idiots who come out in droves to imitate others, usually sinister in nature. For example that bitch who swung a hammer at two Asian-American women last night. Oh, that sickens me...
I am retired. Just playing around now. ;)
Are you familiar with Pekelo's "Dragon" formation? I think this is it. In that case, the profit target is about 500 points down, which would put us near the last February high (pre-Covid selloff).
When is the inauguration? Until then, just chill. But I'm thinking some bad news, like vaccine shortage, will come out shortly after and the market tanks. Probably not by much though, considering how effing bullish the sentiment is.
“In old days books were written by men of letters and read by the public. Nowadays books are written by the public and read by nobody.”
―Oscar Wilde
Perfectly captures the spirit of the stock market of our day.
Thanks. I've posted earlier that I would call it quits once this bear market (what bear market??!!) is over. This would be a good time to hit for the exit and enjoy life when I'm still relatively young. Sure ain't gonna miss trading, but I'll miss y'all. I'll swing around once in a while to see...