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Don’t Believe Anything You Read
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Don’t Believe Anything You Read

by The MoleMay 30, 2018

Well, if you’re still reading this then you are either very bad at following instructions or you are giving me way more credit than I deserve. But heck, since I have your attention let me try to get a point across that seems to have been completely lost given the onslaught of crisis pΓΈrn we are being force-fed on a daily basis.

Simply put, Western societies have become addicted to a state of crisis, and in the process our average 21st century contemporaries have developed a deeply nihilistic and self destructive perspective on almost all things we once held dear. Which in turn has lured a class of technocratic self serving politicians into blindly embracing highly questionable and short sighted policies with potentially horrific long term consequences – in the process transforming what formerly used to be functioning communities, functioning industries, functioning economies, and in particular any functioning political process into what now amounts to little more than a ticking time bomb.

Everything is pure drama now, and in the age of click bait of course there never can be enough of it. I sometimes envision myself of borrowing Stewie’s time machine just for a day to bring back some of our nation’s founders, just to see what they’d say about our state of affairs today. And after having been called Nazis or fascists I have an inkling they’d probably recommend us to sandblast it all and then to start from scratch. I mean what a bloody mess we have created for ourselves, and you probably couldn’t screw things up any better if you tried.

The mainstream media throughout all this has completely failed its mandate as acting as the fourth pillar of democracy. And even worse it seems to be enjoying its newly adopted policy of eagerly fueling the fires of controversy and chaos, of course when it’s not busy covering up serious issues that should be addressed objectively out in the open.

Since the 2008 financial crisis not a day goes by when I do not come across some report of impending doom and gloom whilst pointing fingers at a newly chosen culprit followed by another the very next day. Such practice has apparently become the modus operandi of the 21st century – to expect total and utter annihilation just around the corner and living one’s life in accordance. Which may explain our falling birth rates and the general pessimistic outlook I keep seeing wherever I dare to look.

It’s either that or I’m just getting too damn old.

Enough with the ranting, let’s talk business. I’m trying to find a juicy setup right now but saying that the pickings are slim would be an exaggeration right now. What’s not already in squeeze mode is running in cycles and I hate feeling as if I have to fill some sort of quota when it comes to picking campaigns. But if you’re a sub rest assured that it’s not due to a lack of trying πŸ˜‰

It’s all about the fate of the European Union right now and if for some reason you don’t get your daily fill of drama living stateside then I strongly urge you to come and live over here for a few months. Don’t get me started because otherwise this post won’t be done before the closing bell.

Anyway, the EUR/USD has been enjoying an extended visit at the woodshed over the past few weeks and given bearish sentiment all across it’s time to look for a bounce (as much as I hate to see it). That series of white candles on the ST panel may be the beginning of a little short squeeze due to profit taking.

For it to get any legs however we need to see a breach > 1.165 mark which would break the current sequence of lower highs and lower lows. I’m not long here yet (and may have missed the opportunity) but if it dips back down for a little retest I may look for an entry opportunity. Will keep you posted on this one.

Here’s a view on the long term dollar panels and as expected there has been pushback after a first foray into bullish territory > 94.5. If you recall that is where I expected some pushback so this comes to no big surprise.

Clearly al lot of what’s going on is driven by the political chaos over here in Europe and there’s no predicting where we head next. I am not a fundamental trader and although I do believe in bias given a particular financial policy or political climate I don’t want to start basing my entries on whatever may be cooked up by Draghi and his crew in response to the current political power struggle in Italy.

What i do know is that a bit of consolidation here is natural and that a push > the new highs of DX 95 would trigger a short squeeze of biblical proportions. I already rode a good part of the first one leg earlier this month and I hope to get a seat on the bus should we get another. Again, I will keep you posted on the situation.

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About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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  • http://www.captainboom.com/ captainboom

    Spot on Mole. Excellent post. I wholeheartedly endorse your astute observations re: crisis pΓΈrn.

  • HD

    $SPX HWB 2742-2677 at 2709

  • ridingwaves

    crisis porn is much cleaner with less bodily fluid leakage…

  • HD

    Mole, it may look like we are addicted to a state of crisis from where you are and I can assure you the threat is real.

  • ridingwaves

    funny how a supposed crisis over Italy and Italian voters moved the 10 yr down .25 basis points…such a sham, a sneaky way to lower yield before upcoming auctions and next month’s rate raise…..stagnant water is bad for your health..Crisis planning is all the rage

  • HD

    *crisis planning. Interesting. We get a new one every week. Clearly being conditioned for what end game is coming.

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    ..crisis p0rn,
    yeah – reminds me of a time, long ago.

    https://www.youtube.com/watch?v=Zvl9N9GdraQ

  • ridingwaves

    you would think EEV is a best play if any continued overseas weakness plays out…..

  • Ronebadger

    Watch for VIX Buy Signal #2 today

  • BobbyLow

    Mornin folks, I had to face my own personal crisis this morning after closing my Wheat short yesterday and having to re-short it again this morning at a worse price.

    I just had a conversation with someone about having my short in place yesterday at 533.25 and then closing it out quickly for a small loss after the trade was no longer viable by my rules. If I had held that position, it would be up about 16 Points right now which are nice gains but they would have been made on Hopium. Hopium is a deadly drug to a trading account and it’s real easy to get addicted. (Been there done that.)

    So as it was, I reshorted this morning at 524 and this position is up about 7 Points as of this moment. This isn’t 16 Points but on the bright side, this trade is Hopium free. πŸ™‚

  • ridingwaves

    Hey, you got a thing against hopium….

  • Julie 35 – 25 – 36

    GLD Hanging in .. Must get above 124
    JULIE

  • ridingwaves

    When the big boys don’t like each other, whomever has the most will try to destroy the other….
    https://www.marketwatch.com/story/grosss-bond-fund-gets-whacked-amid-italys-political-turmoil-2018-05-30

  • Atreides1978

    Hello everyone, I am new here and also a relatively new trader. Just wanted to say thanks for all the great posts, I read along everyday and almost always learn something new πŸ™‚

    My short trading history:
    1) Started choosing my own stocks in a simple portfolio, 3 years ago
    2) Started more intraday trading, learning about technical analysis, 2 years ago
    3) Blew up the account within 1 year (lost 80% of its value)
    4) Have been doing a lot more reading and a lot less trading in the past year lol!

    I have been re-building my mentality on trading from the ground up. I spend a lot more time reading about trading psychology and am committed to developing a good methodology this time around.

    My new trade plan involves ATR, Pivot Points, Volume Profile, RULES (entry and exits, profit taking, etc) and above all else discipline!

    Thank you all again for contributing to a great community here, every bit helps a newbie like me.

  • BKXtoZERO

    L TVIX 5.32

  • BobbyLow

    LOL

    Using Hopium while trading has ruined many family fortunes. Yet, we have Hopium Pushers like Gartman and Cramer who are able to peddle Hopium without restraint! A lot of “Advisors” in the Finance Industry should be held accountable like El Chapo and Pablo Escobar. πŸ™‚

  • ridingwaves

    Mole’s education link at top of page is a must read….We have all been in your seat, remember there are 10K different trades…..fixation and crowded trades are best left at the breakfast table… good luck in your trades and don’t be shy

  • BobbyLow

    Welcome Atreides!

    Looks like you’ve begun to turn things around. And most importantly you have the most crucial thing behind you and that’s blowing up your first account. πŸ™‚

    “RULES (entry and exits, profit taking, etc) and above all else discipline!” I assume that your rules include position sizing along with trade management and these things combined about says it all.

  • ridingwaves

    I wouldn’t mind if you make some profit on your short…I would like to load up WEAT at 6.40’s maybe 6.50’s as support is heavy in that area…..I think the next move north busts thru 7.10 area and begins the ride towards 8.50 area

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • ridingwaves

    the end game is far away, right now we are in a earnings based secular bull market…..68% of companies beat estimates….could be higher, that was as of 10 days ago…

  • BKXtoZERO

    just seeing if they can hold it. Very close to upper limit, so no loss intra-day, or……. it could work.

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    daily, no edge.

    intradaily – if anyone could do it, it would be you.

  • Atreides1978

    Rule 1: blow up an account lol, ain’t that the truth!

    Yep, I am sticking to a 2-3% risked per trade rule πŸ™‚

  • Atreides1978

    Thank you, and yes I have been reading a lot from the education tab — very, VERY helpful.

  • BobbyLow

    Thanks RW. I hope you’re right. πŸ™‚ I plan on being long again at some point and if it reaches these support areas, I would be a happy camper as well.

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    1%-2%
    or that’s the advice I’ve absorbed.

  • BKXtoZERO

    also large FED bond sale tomorrow

  • BobbyLow

    I agree with GG on the 1% to 2% Max Risk per trade. I suppose an exception might be if you’re only making a relatively small number of trades.

  • Atreides1978

    Thank you, and yes I am not trading as often at the moment. Maybe 2-3 trades per week, usually risk 3% when the setup shows higher probability like the confluence of multiple triggers

  • ridingwaves

    no auctions tomorrow….

  • Tomcat

    Just in from Reuters: Minnesota attorney general announces lawsuit against opioid manufacturer Insys Therapeutics

    I am not sure if they are referring to the same hopium crisis I had yesterday πŸ˜‰

  • BKXtoZERO
  • Tomcat

    I am confused, which is it “DON’T BELIEVE ANYTHING YOU READ” vs “DON’T BELIEVE EVERYTHING YOU READ”?

  • ridingwaves

    ahh, the pomo unbridled…shouldn’t stir the nest….those are too easily massaged…..the treasury auctions not so much….

  • Richard Adler

    Looking like a good sell point for ES. Into some strong resistance and Zero indicator divergence me thinks

  • https://evilspeculator.com Sir Mole III

    Take your pick brother.

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • Trouzzer_Snake

    This looks like a classic Up Trend day to me. I’d take that divergence with several grains of salt…

  • BKXtoZERO

    Last one on the 15th was good for a dip-0la. I figured bouce back today, sell em tomorrow.

  • https://evilspeculator.com Sir Mole III

    Hey there – welcome to the blog. Big props – takes some balls to lay it all out there in the open. Of course it’s only the first step toward becoming a successful trader, the next is getting rid of old/bad habits, establishing positive habits, and figuring out what actually works.

    By the way, most of what’s being taught about technical analysis doesn’t work. I’m actually working on a tape reading course that covers all that and which I’ll be making available this summer.

    I suggest you drop by here regularly and try to participate. Just watch what we do and how we do it. It’ll be a learning curve but we’ll get you there. You aren’t the first who we’ve pointed in the right direction and you won’t be the last.

  • https://evilspeculator.com Sir Mole III
  • https://evilspeculator.com Sir Mole III

    2 to 3 percent is insane. Have you ever hard of the concept of ‘risk of ruin’ in the context of consecutive losers?

    https://uploads.disquscdn.com/images/3fa313087b4ed60ef4687106a6c7134611e2a7afd0424abb5b1f8b0751a446fa.png

  • Julie 35 – 25 – 36

    SPX A bounce off the downtrend line connecting the highs of January and March. I have no position SPX Will cover remaining 1/3 short CAT at 156.85 closing basis. Retaining 1/3 GLD long with a stop 122.90 closing basis. SPX possible trend day today with a bullish kicking candle.JULIE https://uploads.disquscdn.com/images/35cc5db8d1c34158d5fdd31804b9dfcce49594bfde04ce74aa7684ab72d0eeaf.png

  • https://evilspeculator.com Sir Mole III

    If you can tell me what your win rate is on average then I can show you what the odds are of wiping out your account or at least greatly reducing it by taking 3% position sizes.

  • Atreides1978

    Amazing and thank you so much. I will DEFINITELY be signing up for the tape reading course. πŸ™‚

  • https://evilspeculator.com Sir Mole III

    0.5% for you!

  • https://evilspeculator.com Sir Mole III

    Do you actually have any statistics on those triggers? Or how long have you been using those alpha factors and what is your win rate?

  • https://evilspeculator.com Sir Mole III

    Hey Julie – I think you could fit one more indicator on this chart!

  • https://evilspeculator.com Sir Mole III
  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • https://evilspeculator.com Sir Mole III
  • https://evilspeculator.com Sir Mole III
  • Julie 35 – 25 – 36

    USO Showed this chart https://uploads.disquscdn.com/images/7411ecf6598010f9b9772b2b8a9b96d12d29d6e361ff9bfbd359383520ef7f3b.png and comment last night previous thread Today the bounce Target 14.03 for a lower high to re short JULIE

  • Atreides1978

    I have no personal statistics on these triggers. I’ve just tried to use the top candlestick patterns from Bulkowski’s pattern site (nr7, high tight flags, etc) and combined it with a stop loss using ATR(10) – I filter for stocks using stockfetcher and go over all the charts each night.

    It also means I’ve only made a handful of trades in the past few months… out of my past 17 trades, 11 have been winners and 6 were losers that were cut quickly according to plan (which I then graded as A as I respected my initial stop)

    I am more in the learning/training/reading mode still… I did try paper trading but the emotion/psychology was really missing… so instead I’ve dabbled here and there but not with full size and definitely with good stops.

  • Julie 35 – 25 – 36

    Hi Chief Which indicator would you like to see ? Another trend line ? Here is another trend line LOL ! The trend lines and fibs have kept me out of trouble . Trading triangles are the toughest trade of all and sitting back on this one Chief until a resolution. My individual stock trades have been great Now for the additional trend line i.e. parallel channel IMO better watch the March high intersecting the additional upper channel parallel trend line JULIE

  • Julie 35 – 25 – 36
  • Julie 35 – 25 – 36

    Chief I love those accomodations LOL !
    JULIE

  • http://www.captainboom.com/ captainboom

    Do you have an original source for this table? There’s someone I’d like to share it with, and would like to have the context.

  • HD

    I’m a seller into 2731.

  • Julie 35 – 25 – 36

    Looking to short NKE i.e. the lower high Closing below 71.96 today will set it up. If that occurs then need a reversal tomorrow. This has the potential to be a good one . Letting it come to me . Also INTC on a breakout point failure. INTC gap up today looking weak
    JULIE

  • Julie 35 – 25 – 36

    Atreides 1978 Welcome aboard ! Great Blog with great guys and gals ! Only blog that is female friendly . Mole does a great job as do others Again Welcome Aboard !
    JULIE

  • Atreides1978

    Thanks Julie! Hope I can contribute in a meaningful way down the road πŸ™‚

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    glamour camping.

    “GLAMPING”.

    https://www.glamping.com/what-is-glamping/

  • Julie 35 – 25 – 36

    What would you like to be called short ? A1978 ? Bobby Low is BL Gold Gerb is GG Tom Cat is TC Riding Waves is RW HD is HD etc …
    JULIE.

  • Julie 35 – 25 – 36

    BKX is BKX
    JULIE

  • Atreides1978

    lol! Whatever is quickest for you guys to type out πŸ™‚

    A1 works πŸ™‚

  • Julie 35 – 25 – 36

    You got it ! LOL !
    JULIE

  • Trouzzer_Snake

    55 up?

  • HD

    That too. Good eyes. Same R level all month.

  • ridingwaves

    took short on TSLA…291.50 S at 295

  • https://evilspeculator.com Sir Mole III

    You can’t make me!!

    Email me and I’ll share it.

  • https://evilspeculator.com Sir Mole III

    “I have no personal statistics on these triggers.”

    There’s your problem right there. Everything else is just mental masturbation (don’t take it personally – we are even tougher on ourselves). You need to put together some sort of statistics on every single of your alpha factors. Otherwise you are just shooting from the hip, mate. You may think that there is an edge and waste months even years of your life on something that in reality has none.

  • Julie 35 – 25 – 36

    RW Yeah ! TSLA going up into it’s declining 55 ema and possible failure at the gap window mid May. RW I an sure you have seen EXAS today ! Wow !
    JULIE

  • Atreides1978

    Do you mean backtesting all these setups, such as wedge breaks, reversals on pivot points, etc?

  • Julie 35 – 25 – 36

    EXAS I was watching the ascending triangle …. Certainly played out. Deer in headlights syndrome strikes again. LOL ! JULIE https://uploads.disquscdn.com/images/8519e22267e2db85ab5d4cf33436e6f77b733228d0c4142e62c99fe56b5a98ec.png

  • Tomcat

    The moment I saw that bullshit update about brake distance, I figured they would pop the stock. I think your stop is very tight. Good luck

  • Julie 35 – 25 – 36

    RW TC I believe there was another Tesla car on autopilot involved in another crash … Hit a police car in CA ?
    JULIE

  • Tomcat

    I cannot shit on the whole autopilot business because one of my main clients is a major player, but I think the move to autonomous driving is inevitable. My client has seen a huge uptick in the last couple of years and the force is very strong. So if you are planning to short TSLA on some bullshit autopilot mishap I strongly urge you to reconsider… This industry is here to stay. TSLA has other shit going against it, but Musk seems to pull the rabbit our of his ass every time.

  • Julie 35 – 25 – 36

    Hi TC I agree they will get the bugs out …. I have not traded TSLA. Yes Musk does seem to pull a rabbit out of this rear end. His work on trucking is going to take off as I have seen some of the prototypes
    JULIE

  • BKXtoZERO

    BK actually…..

  • ridingwaves

    they will have to redo the roads for auto pilot to truly work as there are many kinks, its not reliable in current road and traffic conditions in the US. Autonomous driving is 20 years away….factory auto pilot conditions are never present in the real driving world…

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • ridingwaves

    I have nothing but respect for Musk, this is more about a supposedly auto company that generates .01% of the cars on the road, is massively in debt and valued much more than say Ford or GM, they both produce more cars in a week than Tesla has in a year….the debt is going to kill them…

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • Atreides1978

    I was actually thinking about A1 sauce when I typed that out earlier LOL

  • BKXtoZERO

    If so zerohedge will have full color pictures and a copy of the police report

  • BobbyLow

    Can’t speak for Mole but I’m a firm believer in back testing. I only trade commodities and have back tested the same commodities backward and forward on as many trades as possible. I’ve tested many different ways to find the best combination of Average Positive Expectency that fit for my personality, and risk tolerance.

    When everything is done, what I end up with is only a guide. It is a guide and not a guarantee. But by doing all the backtesting, I have a general idea of what to expect. I also take the results of my backtest and discount it by at least 25% to .33%. This is because when I back test, I’m doing it under perfect conditions and have taken every single trade. In real live trading, trades are missed for whatever reasons and mistakes are made.

    I also do all my back testing by hand on pencil and paper. This is because this labor allows me to feel of what’s happened on each trade. For me it’s kind of like talking with someone instead of texting back and forth. πŸ™‚

  • Atreides1978

    Uber will be a massive player in making autonomous vehicles “mainstream” one day… not sure I would like to use my vehicle to ferry strangers as a robot taxi while I’m not using it (Musk’s stated goal with future tesla cars)

  • Atreides1978

    RW, do you watch the show Billions? In Season 3 there is a character based off Musk… billionaire rocketship founder who dates supermodels and wants to get humans off earth…

    One of the smartest characters in the show (the chief investment officer of a hedge fund) is a big fan of his work, but ultimately decides to go massive short on the company because the numbers don’t add up..

    Needless to say, in that episode, the short ended up paying off big time πŸ™‚

  • ridingwaves

    I will have to watch it….I think Tesla is going to have to dilute before the end of the year, with the price so high, not a lot of shares but definitely a nice chunk as they have some debt obligations to meet …

  • Atreides1978

    Wow… by hand? Definitely much more intimate!

    I will need to look into this further… I have no coding experience and aren’t sure where I would even begin to backtest and see if I have PE or not.

    I’ve just been trading breakouts with ATR based stops, using simple lines on my charts — and minimal indicators!

  • ridingwaves

    the car subscription model is direct enemy of autonomous cars, your correct that Uber and Lyft will be the players….regulatory forces will play havoc with this part of that scale….

  • Julie 35 – 25 – 36

    RW Remember the DeLorean . I am sure Ford GM and other automakers are not standing aside. Plenty of competition
    JULIE

  • Atreides1978

    One of my favorite shows on TV πŸ™‚ A billionaire hedge fund owner and his team vs a US attorney general hellbent on (his take on) ‘justice’, lots of twists and turns.

    I describe it to my friends as “House of Cards” but the finance/hedge fund world version πŸ™‚

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • Atreides1978

    All these massive car companies were waiting for EV to become profitable to jump in, which they all are now. The pipeline is full of of EV at all major car manufacturers globally — and they excel at the one thing TSLA sucks at: mass production πŸ™‚

  • BobbyLow

    I’m old school probably because I’m old. πŸ™‚ But I have to ask the question what’s easier, gathering a bunch of numbers and then entering each number on a computer spreadsheet or writing each number down by pencil onto a lined 8×11 notebook? I use a calculator to add the results. I don’t need a computer to do this. I’ll bet that I can backtest with paper and pencil faster than anyone can do it on a computer.

    BTW, as far as charting goes, I’m not a big believer in a bunch of lines that make a chart look like a plate of spaghetti. I keep my charts simple. I use ATR and BB’s and that’s just about it.

  • Julie 35 – 25 – 36

    A1 I believe TSLA is building or will build a manufacturing plant in Reno NV
    JULIE

  • Mark Shinnick

    Chartwise you have a good point….well justified limited risk.

  • Atreides1978

    Thanks for the insight BL πŸ™‚

    I am a big fan of ATR since I started reading up on them a few months back!

  • ridingwaves

    I once interviewed with Uber to work with them on their driver leasing model that blew up and is history. I told them they were in big trouble if they accepted risk the way the model was created. Vilified.

    lots of hot looking ladies in that office. You had to sign in with IPAD and someone was notified….very techy….too much so for car industry…

  • Atreides1978

    I would not be surprised! They need to find a way to disrupt the car manufacturing process (probably near 100% automated) and then *crank* *them* *out* !

  • Julie 35 – 25 – 36

    INTC Entering a short probe (very small position) Doji star near a compound resistance JULIE https://uploads.disquscdn.com/images/47624cedcdbe7f517f797a0fe94b0cef552235509fabf4b04644c8c77a03095f.png

  • BobbyLow

    Yeah shit with a bunch of unmanned cars driving around combined with an ever increasing number of unmanned Drones flying around, what can go wrong?

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    let me know how it goes..
    a weaker candidate.
    [MU]
    http://stockcharts.com/h-sc/ui?s=MU&p=D&yr=0&mn=4&dy=0&id=p96918268512

  • ridingwaves

    makes much more sense to own a Leaf at 30K that will get you about 700 mile range than model S at 80K and 250 mile range….for the commuter the Tesla is not optimum choice if trying to be green

  • BobbyLow

    Billions is one of my favorite shows.

  • Julie 35 – 25 – 36

    BL Here is one for you. Amazon with their proposed drone delivery at homes. … Drone scares cat or dog and they run off That aint gonna fly ! LOL !
    JULIE

  • Julie 35 – 25 – 36

    GG Watching MU also
    JULIE

  • Julie 35 – 25 – 36

    How does auto pilot work at railroad crossings ? No thanks !
    JULIE

  • Julie 35 – 25 – 36
  • BKXtoZERO

    Out of TVIX for big 0.12 cent gain. Didn’t look great but took a free try. I missed yesterday on purpose…. (I wanted to give you guys a chance) LOL. Off to Taco Bell

  • ridingwaves

    that is there battery plant….

  • BobbyLow

    BTW, Billions is in its third season and I suggest you find a way to watch it from the beginning. It would be worth attaching the Showtime Channel to your Prime if you don’t already have it. There are about 30 episodes so far.

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    yeah, but can she handle a stickshift?

  • http://www.captainboom.com/ captainboom

    My son is a software engineer, and his wife is a chip engineer. He commented last xmas when we were talking about driving, that his children may not even need to learn how to drive. That really drove home to me, that autonomous vehicles are closer than I thought.

  • http://www.captainboom.com/ captainboom

    I’ll get one as soon as you can convince my wife that’s just an auto pilot πŸ˜›

  • http://iberianviews.blogspot.com/ catracho

    are electric cars really that green? If everyone had one, electrify generation world have to go through the roof. ..so the pollution is only being transferred from one source g to another. . Plus everyone on electric means more control And dependency on suppliers of electricity aka the government πŸ™‚

  • https://evilspeculator.com Sir Mole III

    Remember that if anything ever goes wrong, we keep GG around as our default scapegoat.

  • https://evilspeculator.com Sir Mole III

    Put me down for two of those please! One in brunette if possible.

  • https://evilspeculator.com Sir Mole III

    Only European (non-circumcised).

  • Ronebadger

    I just read everyone’s autopilot and car comments. Forget about that stuff…just make sure you have a good bicycle for when the EMP hits…either from the Sun or the N Koreans.

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    looking for a massive surprising Month-End upside breakout today.
    πŸ˜‰

    https://uploads.disquscdn.com/images/82fde67eeeb6610c1c34b5625f9d447afd9c7acb885d17b44e19e7ad4de7e913.png

  • http://www.captainboom.com/ captainboom

    That brings to mind the question of how we could trade another Carrington Event.
    https://en.wikipedia.org/wiki/Solar_storm_of_1859

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    long horses and of course,
    Amish girls.

    http://www.thousandwords.us/images/oconnor/amish-girls-2.jpg

    edit: I’m thinking of starting a Mennonite ETF.
    πŸ˜‰

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    good idea, limited warranty, non refundable.

  • TA.Stockman H

    Hey, best of luck to you, Atreides1978.
    However, you missed the MOST IMPORTANT indicator in your list that will guarantee that you make money.

  • Ronebadger

    Depending on how bad the event would be, you couldn’t use your computer or phone. Your broker will probably be down. Strategy? Prepare, own gold, and always have an open short position for when the lights come back on…you’ll be rich when the markets finally open (that’s IF your broker has a good back-up). “My name is Ronebadger…and I’m a permabear.”

  • https://evilspeculator.com Sir Mole III

    Damn it – when I agree with the GG usually bad things happen (j/k)

  • https://evilspeculator.com Sir Mole III
  • http://www.captainboom.com/ captainboom

    It’s really strange to watch the local Mennonite girls downhill ski with a dress on. They wear snow pants under the dress.

  • TA.Stockman H

    If you haven’t figured it out.
    PRICE

    Indicators can be red herrings.
    The only thing that really matters is PRICE.