Bear Market almost ready to resume. .....

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fibo_trader said:
Some places require a 3-day wait for a visa or visa renewal after a 90 day stay. They call this renewal a border run. Everybody gots to do it. All nationalities. Not fibo_trader. I just go to the closest Immigration office drop 2 grand and a bottle of scotch and boom I’m DONE!

It’s so much fun being dishonest.

One particular time I heard all the Europeans in the 1-klick long line at Immigration in country not to be named remark when they saw me bypass the line and get my stuff in minutes and walk away, “probably an American asshole bribing”

Man, it’s so much fun
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Yeah. But you'll never get in Top of the Standard.
 
vanzandt said:
Yeah. But you'll never get in Top of the Standard.
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They say the Rhein Main US base in Germany was impossible to be let in without prior approved seal/appt. I got in by just telling the black fellas at the gate, “hey guys tell Jimmy to come get me?” They let me in saying he’s in the mess hall. I entered, went in and asked who he was and told him I just bullshitted to get in. He said, “my kind of enterprising guy, have lunch with me, then we can talk about why you’re here”

He’s still my buddy till today.

Can’t get in? Hocus pocus. :)
 
BOEING:

When you hear strange sounds drop to the ground. Don’t do nothing, just hide and watch. The 200-day ema is at 358. We gots to punch thru’ to the downside. Of course then it’s a question of how much elasticity the 200 generates.

Trivia: Nobody, I mean nobody expected this giant to fall. I called it Jan 26 2018 was right and then gave back all profit when it took-Ed out the top. I’m going to exact penance on Boeing for buggering me from 100k win to minus 2k.

Hide and watch.

Boeing is full of hot air.
 
Boeing:

Up shite creek and the week ain’t started yet.

Overnight will be shocked to hear that the USA FAA is under the gun by Us Dept of Transportation for approval of 737 max when they knew shite was happening but did not train the pilots. Bribe? Collusion? Stinks!

Watch the 200 day ema. Juiciest Short could be right around the corner.
 
fibo_trader said:
Vix: 12.5 low now, creeping south to daily timeframe runway (trend line) Vicky at 11.83. Will it get there?

Regarding Sentiment, my favorite subject. ..... DSI, US govt. Conference Board, Univ. Michigan Sentiment, all good but nobody comes close to THE CHAMP = VIX = Fear/Greed(complacency) Index

Now see the VIX chart. Even after the 2018 SPX crashes we are still at historic COMPLACENCY levels. The ship is half submerged but the music and partying goes on
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Vix Rocket move up blowing past the 200-day ema oh yo yo yo. Give it to me baby
 
SPY: Death or Life for Fibo? Consensus = Death. :). Love the odds. :)

Spy is now on 5th attempt to get past approx. 281 zone = 78.6% Fib retracement.

5 attempts. We have the generally present Macd divergence in a 5th wave

All I need now is the EliteTrader Low of 280.33 to be taken out. That would start the Trend violation picnic. Why 280.33? Because it’s an internal 4th wave, not easily visible on D but clear as day on 1H.
 
Then of course I need the 200 ema on 1H to collapse.

Then comes the collapse of the Daily 4th wave low @ 272.42

When these occur, we are off to the races.

I expect the Dow Jones drop to exceed the 1100 it notched the last time. A 2k drop with the exchange shutting down is normal operation for a THIRD WAVE. And remember this will be only the start of a THIRD. We are dealing with fractals, so there will be higher degrees of Trend 3rd waves.
 
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