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

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I appreciate the significance of the number 42, it's the answer to everything. In an adult world, however, it's not a very large position.


What are you basing this number on? Given the recent positioning reports and leverage across the HF universe, I'd think most people are underinvested and long volatility (which is why IV is not realizing).





The sentiment numbers are DSI .... Jake Bernstein’s Daily Sentiment Index cost is 2k. You are right. There are others, for ex. Unit of Mich and newsletter writers - conflicting. So I go by only DSI and Vix. You have free access to Vix. Use it. Off the charts cOMPLACEnCY now = bullish to the nth.

Reminder: This same ET gang was wrong 100% at top Oct 3, 2018, Jan 26, 2018, 2015 top, 2007 top, 2009 low. Not a single clown was right. Not one. Not half. And as usual they attacked anyone who dared call a top. Use ET search engine it’s very good.
 
hmmm.

this fibo trader guy read lots of books


Not anymore! I took them all, put them in huge bags and donated to Goodwill. The whole Shabang. I have no library now. From now on it’s ME alone, be my own advisor, keep my own counsel and groan when I see most others struggle. Shame!
 
That’s exactly what is intriguing here at ET. 42 million is doodle squat, insignificant. Heck in this bubbleicious real estate market, where I live is 4 mil house and it ain’t much, just a great view and good separation from neighbors. One million nowadays is chump change.

But Lordy Lord, here at ET look at the fuss dozu888 and Clubber Lang make about it. My friends would Lafitness at these cats. 42 mil in CA or HI is Beggars Banquet.


If you had four figures in your checking account I'd kill myself.
 
Like I said on the first page of this thread-
“Train Wreck coming”

Keep shorting in your 42MM demo account.
:finger:


Dear Pops,

Losses yesterday, as posted last night, stood at $108k. Hardly a shattering sum of money!
But wait. Pray tell why Pops, why oh why are you making such a humongous fuss when you are clearly certain its is a demo account? Answer me, Pops.

If you count SPY action today, my losses are even less. But Pops, why are you so hot and bothered if this is a demo account? :). :)

Even my tailor is prodding me to question you about this. Pls answer


 
Like I said on the first page of this thread-
“Train Wreck coming”

Keep shorting in your 42MM demo account.
:finger:



Dear Pops,

Since your name shows up regularly as being on the opposite side of the market (=wrong) at major tops/bottoms, you probably have no clue that the rest of the world is in a BEAR since January 2018, some countries even earlier than that. Which is why I stated here that even America’s BEAR started Jan 26, 2018 despite a marginal higher high thereafter.

China has been in a Bear since for crying out loud, 2007. Then came intermediate top in 2015. Then, if you want to get a quick glance at how I’m doing playing EMERGING markets just have a look at EEM (do NOT trade EEM preferring to be abroad for obvious reasons). Japan, Germany, oh my, shocking dives.

But seeing where you guys here are coming from, so ignorant on happenings in your own country, why bother bringing up INTERNATIONAL markets.

Why bother even mentioning EurUsd, my bread and butter ooh la la, so sweet, so utterly butterly delicious. Held abroad though so no need to belabor here.

But see my comments all over ET on Dollar, Gold, Crude et al to get an idea of my directional stance

Therefore we stick to stateside positions only. America is the last bastion of strength in the assault by the Great Bear. But it takes a rounding top to stop and reverse a locomotive of this magnitude, a locomotive I happen to love :) Kapiche?
 
Like I said on the first page of this thread-
“Train Wreck coming”

Keep shorting in your 42MM demo account.
:finger:


Dear Pops,

Yesterday after market close I noticed that RSI trendline on Vix Daily was where Vix was. But SPY RSI was not too near its trendline. Aha I thought, Vix as usual (yawn) is going to lead again. Voila! Sure enough this morning Vicky took-ed out the RSI trendline. And if thou lookest at Price on Vix, she be took-ing out her Trendline too.

And where be SPY? Why of course attacking her Price trendline and cracking and creaking it.


Let’s see how it plays out. Death and a Fibo are synonymous, the former always stalks the latter due to risk taking and especially making sheer monkeys of Herd members who cannae turn on a dime or stand alone and go against the crowd.

Even in Death Fibo loves the game. :). :)

 
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