"“The whole idea you buy stocks and hold them for 30 years was never correct. … The typical investor should be out of stocks and out of bonds and wait for a crisis, and buy during a crisis.”Maybe this is why one of the shrewdest billionaire investors ever has done this - Soros Makes Gold His Largest Holding As He Cuts Equity Exposure To Lowest Since 2013, Doubles S&P Puts.
Time is no longer on your side - if you have not taken my rants and nuttiness over the past seven years seriously, maybe you need to reconsider your ignorance is bliss stance. This is not hard - you did not take common core math. You took real math, and the way things add up there is only one outcome.
On to the lie -
SPX 15m - 2064. The number I thought would possibly end the run off 1810 low. The last S/R point before another ATH. The number that defines the cliff keeping price on the mountain and precariously above the abyss. The number that was only achieved by Fed intervention (via well timed 'news' or Fed speak) twice to keep this rally alive when the market should have rolled over and reversed.
SPX 60m - I'm positive I don't need to recount the wedge and rollover. There it is, the big ass Head and Shoulders. Well, I've seen it coming for weeks, you see it, "THEY" see it ... and "their" seeing it is the problem. This thing is primed to shit the bed.
Freedom watch -
Well, tell us something we do not already know - must read for those in denial - "We're Running A F**king Casino" Congressman Admits DC Is A "Sinkhole Of Leeches"
"“Voters are incredibly ignorant. It’s far easier than you think to manipulate a nation of naive, self-absorbed sheep who crave instant gratification . . .,” vents Congressman X.
He says money “corrupts” and House members are “puppets” to lobbyists who bankroll their campaigns."
More to come below.
Have a good day.
GL and GB!