Planet Earth's ultimate Short side game began Nov 2021

margin_gamble said:
Application of 61.8% support level is oh so magnificent and splendid in this Man (Me) loves a woman in real life and she loves him but they have a serious quarrel and it gets bitter and scary. But the Man tries to pacify but to no avail and then all of a sudden without any explanation, and unbeknownst to the Man, the 61.8% level of support is hit.

It triggers an avalanche of LOVE from the Woman, so much that it would drown any Man.

That Man be Me with this Swedish girl

Out of the blue in the depth of her anger and hatred and disappointment in Me, came this video in email, then followed by phone calls after I woke up (time difference) that she was at the airport in Stockholm catching a plane to fly to Los Angeles to see me.


61.8% generated the turn around. She had no power to resist me no more and just had to go with her heart


The video she sent was this one. Knocked me on ass - in a most pleasant way with power surging thru' the veins for hours



The sun burned hands phrase threw me for loop of depth ................



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If the concept needs clarification, this ought to help ...................



There is a lot of talk about BEAR market rallies nowadays and rightfully. But the context for the relationship story above is a Bull market correction that this occurred in a Man-Woman relationship Bull market, a powerful bull market indeed and then inevitably comes the correction. Such can be small aka Minor waves or large drawn out corrections known as Intermediate Waves. There are also Primary Wave corrections and so on for higher degree Bull markets since waves are fractals

In this case with this woman this particular Bull market correction was Intermediate.

By definition, when the correction is over regardless being able to time it or not, the BULL market resumes, i.e. the original Primary Trend reasserts itself and Life goes back to glory periods of prosperity w.r.t. relationship.

WE all know this instinctively, its nothing new, all I'm doing is putting into the context of WAVES - Life, Financial markets ........... same-o, same-o :)
 
margin_gamble said:
This Short is better than the shorts of ...............

2007 - March 2009

2000

1966 -74

1929 - 1932

1840s

1720s

All biblical periods

Don't miss out!!
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Greatest Depression underway since 10/31/2007. The first drop into March 2009 crushed the banks and even brought American Express to its knees. AXP didn't learn a damn thing and will suffer thru' this again during the current WAVE C down. Gold and platinum and possibly Oil and Wheat American Express cards can be had for 5 cents on the dollar as Wave C down progresses during this year and into 2023 and 2024 ..............


Targets for the Dow Jones shown to be within the blue rectangular box at the right of chart. It is quite likely that Dow Jones will end up in the region of the 1987 crash. Why? Because unbeknownst to the experts and gurus, markets have a tendency to retrace to at least the previous 4th wave of one lesser degree or to the 4th of 3.

The 4th of 3 is the domain of the 1987 crash and if you have a look at the Vix chart you will wee the fear and panic on the spike. Jonesy is going there most likely


The lowest is DJI = 1616

The highest is DJI = 6469


upload_2022-7-24_7-18-20.png
 
Plan for trading the Greatest Depression:


QQQ will be the market timing and trading driver for me. Don't have time to get into my trades on EurUsd etc., I want this to be pure market timing and the best vehicle I can think of right now is QQQ because Tech will lead the charge down to the basement.

I will also be watching like a hawk for the next Microsoft that of course will be born in a manger and nobody will notice - if/when I believe I have found the right one, the creme de la creme, I will shoot off a prayer and request directly to Mary for guidance in terms of yeah or neh.
 
Plan for trading the Greatest Depression:



The Depression Wave will be 5 waves. At the end of Wave 1 down I will take profits and go Long for the BEAR rally to at least 50% retracement, quite likely as high as 61.8% or in some cases as much as a 78.6% retracement. Then I will rejoin the Primary downtrend by reentering Short.

Repeat the process at the end of Wave 3 down. Reenter short at the top of Wave 4

Then during the terminal Wave 5 down, I will be on very high alert for the final 5th of wave 5, which is the very last segment of the Wave 5 down so that I can close out all and any shorts and go full power LOOOOOOOOOOOOOOOOOOOOOOOOONG

Mark my words:

At the end of the BEAR when I go LONG full tilt there will be almost nobody left even remotely interested in markets, perhaps just a few handful of fellas here and there. The general populace, traders/investors and so on will have already long since left in total disgust and focus only on putting food on the table and surviving. Downside volume in the markets will have evaporated. The lowest 4th wave on the Daily timeframe is where I will be watching like a hawk. Then I will drop down to 1H and nail that timeframe's 4th wave.

BOOM! I will be in for the next Bull run that will last at least 70 years. All holdings will be passed on to the woman(z :)) of my choice :)
 
The money don't mean a goddamn thing in comparison to the accomplishment. I would feel like I accomplished something of mellifluous significance, a Market timer warrior's dream come true. The greatest crash since biblical times - nailed by a novice, a Mr. Nobody.


At 1:44 in video



 
Clarification on why why why why are so many people calling for the bottom is already in:

See Dow Jones monthly chart 2 posts back and note that perfect touch down on 23.6%. Similar close to perfect touch downs for a few other indexes of importance but the Dow, HE be King. BEAR don't look at SPX, he only looks at Dow Jones, that be where the engine is.

So THEY keep calling bottom is in because its in the psyche - they can't explain it technically or otherwise so they justify that feeling they cannot explain by coming with all sorts of hocus-pocus Fundamental Analysis reasons

For me, the only concern I have at this point is that "when is the 1st wave down ending and bear rally wave 2 up starting? Why? Because this wave 2 rally could go as high as 61.8% retracement and cause the HERD to charge out into the street proclaiming the BEAR has been bested and that THEY survived it and won.

Then Wave 3 down will disabuse them of that notion within 3 days of heavy downside pestilence.


This is the reason I am cautious now because something screwy is going on in that this last small downwave was thoroughly retraced to 88.6 (a Fibonacci number)

Square root of 0.786 = 0.886


Other than this possible bear rally there is no change in my thinking of the Greatest Depression.


Next week's trading will clear up a lot in this regard
 
margin_gamble said:
Uptrend from 2009 low is over and a new downtrend is now in place.

For peace of mind rest assured that the minimum the Dow Jones will correct is the 1932 - 2022 Move.

However, high odds that it is correcting 1700s - 2022

25% odds that the correction is the entire biblical era
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Its a FireSale, everything must go



 
New Theme for America:

Hey, we're giving it away for free - come and get it!


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38% drop in container imports - inventory at massive level. Give customers their money back and let them keep the product too. Nice!!! Think DEFLATION, baby. This is how a firesale manifests
 
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