ES Journal - 2019/2020

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vanzandt said:
B1... I have one ID here buddy. Don't let the paranoia set in ok.

Anyway... all that aside, I might have called the top.
I posted in several threads yesterday to get out. TSLA, Apple, and a couple others. I even told Stoney to go to cash.
In the real world, where it actually matters, I texted 2 passive whale buds with the same advice. Neither listened I just found out.

We will have a recession, I mean anybody that's been around a bit can see it coming. There's too many subtle (big) things out here in the real world that are screaming problems. That being said, right now I'd be willing to bet the ISM numbers are looking good. I have that one down too. When do they come out next? (EDIT)... just looked.... yesterday. They clocked a 21 month high. Not surprised at all. Right again. And I honestly didn't cheat on that.

The markets "looks forward" B1. But they do it selectively.
Did you see AMD today? While the Naz was down 4.96%, AMD was down 8.5%. After hours its trading at $79 and change. Down another 3.5% while the S&P is down .44%.
I won't beat that horse into glue... but you know damn well who here at ET knows wtf they are talking about.

XLF won't "tank", but nor will it roar. The bias is down B1. You can play stubborn, but in the end you're gonna see the financial sector is gonna have problems. Unless of course your boy Biden gets in and gives away the farm. Student loans... fuggit about em. Evictions... ditto. Foreclosures... hey the CDC just said those are a health risk. They ain't happenin'.

Alls well. But water always seeks its level and like I said... the markets look forward. We'll get a bounce, but the chickens are coming home to roost my friend. Just like they always have.
You'll see.......
-vz
More...

I guess B1 has me blocked.... too sensitive....
 
If the S&P 500 topped at $3588.11 I will live stream myself going through $3588.11 worth of coke.

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And I'm not really a cola drinker, so that's conviction right there.
 
vanzandt said:
..... We'll get a bounce, but the chickens are coming home to roost my friend. Just like they always have.
You'll see.......
-vz
More...
But no chickens roosting now.
I'm an ol' bastard, but I can clearly recall as a kid, sitting in the pew, listening to the preacher.
"Fire and brimstone, the end of the world is coming, hark my words turn to b'jezus now and be fuckin saved".
 
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