Bear Market almost ready to resume ....... March 12, 2019 posted at ET

[fibo_trader]

For historians only ................... kick in the ass for Fundamental Anal-ysis

At the Dow Jones recent crash low, Corona was accelerating with new cases and 40% increased deaths almost overnight. All the T2W Fundamental Anal-ysis traders screamed, "stay Short on Demo" ............ but the Dow JOne ignored them all and rallied big. Fundamentalists got +}"?

Now today, in the face of no change in the real environment, traffic and people forced to stay at home and perhaps Media stating that there MIGHT be a leveling off of Corona cases, Dow hammers in a rally of 1200 pts (thus far).

FA got f***ed as usual. TA was the F***er. Yawn! Happens like this how often? Every damn day, week or month.

But Sharky's army still has not gotten this.

Q.E.D.

 

[fibo_trader]

Brace, brace, brace ....... tomorrow, april 1st ............. $100 billion in RENTS & $100 billion in Interests payments coming up

Hide & watch how there are Asks and No Bids


The Great BEAR that Fibo called is living up to its reputation and its only the beginning, aka 1st Wave down with a recovery wave .

SLAM DUNK!! P R E S C I E N C E! The prescience of Fibo. Nobody, I mean nobody gave it a second's thought as to what would happen when April 1st came by. March 31st finished the Quarter. But April 1st, as I said in the quote, brace, brace, brace! Not a single cat in America even considered how much BEAR is crippling the average citizen who is really only one paycheck from eviction! All of HOUSING. Nobdoy expected that zillions would take advantage of the moratorium on rents/mortgages. Who would be left holding the bag?


Lord have Mercy!!!!!! Just too funny the way Fibo is anticipating BEAR's moves thus far. He tott me well!


Duck! Hope Trader333 knows "where " to shoot! Blasphemous statements like this call on rents due on April 1st get lifetime bans with ease. Damn, I never know from one moment to the next when Trader333 is going to fire that Big Ban

 

[fibo_trader]

If Steve Bannon were to post at T2W, he and I would be in competition for Most Banned

Donald should never have let Steve leave. Out of 1000s in government, Steve was ONE independent thinker. He too would get the axe at T2W.

Independent thinker + American = big NO NO

When will it ever be safe for an American? Why do we always need a bigger boat? Always getting shot for having a higher havingness than others and always paying the price for the ignorance and lack of education of others We pay dearly

 

[fibo_trader]

Monday, April 6, 2020: 3:40 PM Pacific. Markets are closed.

Today's monster rally is a C-wave of an A-B-C corrective move up i.e. a BEAR market rally. Therefore the dominant aka Primary Trend is down. Therefore when the rally completes (tomorrow or whenever) it will be a magnficent thing to behold. Why?

Becasue Wave 3 down is next. BEAR will go into accelerated mode.

Get your kicks now before the whole sh*thouse goe up in flames.

Tsunami watch is at Defcon 4

 

[fibo_trader]

For historians only ..........................

Tsunami hi-risk hi-intensity wave surfers - make final prepaarations now.

If Big Joe is correct, the moves southbound will be staggeringly swift and deep of considerable angle of descent and dig this, there will somehow also be considerable centripetal and centrifugal force - this wil be generated due to the difference in slopes.

Big Joe will not be eating anything for several days as the Tsunami gets underway - organic shakes with soy milk, almond butter, raw eggs, heavy cream etc., etc., ...................... hi-fat to deliver the smoothest energy to the command center so no dopiness and sleepiness can overwhelm and disrupt the central nervous freeways.

Alertness during a 3rd wave is paramount.

Hope I'm right!

Hide & watch!

 

[fibo_trader]

For historians only ..........................


Remember the talk in the Media how corona has stabilised and rate of change in NYC has flatlined for a couple days.

My my my, these poor politicians and gurus have no clue that ths is how BEAR operates - after the wave 1 down he releases the pressure so everybody thinks the pain is over and gradually climb back in LONG. When they are all or as many as possible back in, BEAR generates the start of the 3rd wave.

Just remember that his son when a mere baby (cub) delivered the 2008 crash, so you can calculate how much greater this will be becaseu a full grown male in hs prime will be leading the charge.

Sodom & Gomorrah!

Big Joe will shut down incoming phone calls during the first part of the 3rd wave as every son of a gun will be calling begging for help.


The sign of BEAR is on my lodge - therefore the Angel of Death will fly past and not inflict

 

[fibo_trader]

For historians only ............... someone told me long ago there's a calm before the storm


Historians will note that the first drop from January 2018, a severe drop, was soon forgotten and then the party continued withthe chanting, "the pain is over" ................. "happy times are back again and the bull market is back on with a vengeance"

These poor cats don't understand BEAR ............................ how he started this BEAR market in 2018


It came with a surrealistic slowness ... so gradually that on the one hand it was possible to live through a good part of it without realizing that it was happening and on the other hand, it was possible to believe one had experienced and survived it when in fact it had no more than just begun.

 

[fibo_trader]

Martin Sheen wanted his son Charlie to spend time in jail until he was cured of his bad habits. He had to hit rock bottom. Then and only then could he reverse.

So it is with America. The excesses are so out of control, so out of whack, 1% of the population controls 90% of the wealth. How f**ed up is that? Middleclass is gone-ing rapidly. The distance between the poor and rich is exponentially growing bigger.


So we are going back to the start of the bubble and then some to cure this.

But here's the thing: same habits will resume and the same actions will be requred in the next major BEAR, 70-100 years down the road.

We won't be here. Imagine how much we could help the new cats showing up if we didn't have to invoke the Forgetter Mechanism at the point of picking up the next body.

All learning gone.

 

[fibo_trader]

If the Chinks rise to the top in the BEAR and take the lead horse role there will surely be one big factor missing - the one thing that America had in spade and still does .............

B E N E V O L E N C E

Your next lifetime therefore will be under a dictatorship. Good luck.

Smart thing to do BEFORE body death this lifetime ............ pick your next lifetime country NOW, find a middle-class value family, not rich not poor but principled with Word as honor. Pick up your next body in there. You'll know you scored right when you wake up sucking on a tit in a hospital and instead of crying, you will smile and shock the daylights out of the nurses. Hahahahaha, you cats think that the baby don't know he's hit success or failure at that first moment of birth? Underestimation to the nth degree, amigos.

The competition for a body is fierce in the afterlife

Best advice is at the moment of death, avoid the LIGHT, its a trap and will lead to further implantation and deposit as a vegetable back on Earth and you end up in Zimbabwe. Be a causal unit and choose. The crowd always goes for the light. its a magnet.

Avoid at all costs and therefore escape

 

[fibo_trader]

For Historians only .............................. and Sharky too


The Fibo Target Box from several days ago shines like a light to put perspective on the recovery wave.


Notice how paralyzed T2W is: have a look around. A virtual graveyard. One would expect that traders are battle-ready as they are trained for battle unlike the general public. But these soldiers are the laziest in existence and none will take a stab. Nobody puts out. Nobody will take a stab at it. Nobody. Then, when the move is over they will come out in droves and state how they knew it all along. And then and only then will trade it - in hindsight.


The Nasdaq 1H chart: 3-wave move thus far. current correction looks like a 4th. Expect a hit at 50%. The hit at 38.2% was a perfect hit means Nasdaq digs Fibo and is going according to my script. Therefore next hit at 50%. Then re-evaluate. Can Nazzy go to the golden ratio at 61.8%? Or really rope in all the crash-is-over-guys into going LONG wth the entire ranch at teh 78.6% hit?

A trendline (not shown) on 5-min. will be a decent guide.

Can Nazzy hit the top channel line? It is a magnet.

Easy Short entry is a break of the 200-pd ema on 1H. But I want something better so am looking for a reaction or warning. None yet. Hey, there might never be any warning. The 2nd Law of Trend is that a trend can reverse without warning.

 

[fibo_trader]

For historians only ................... observe the general consensus below .............. and only Fbo preparing for SHORT = opposite the general PUBIC




Stocks Are Soaring Again Because the Market Is Betting the Tide Has Turned in the Battle Against Coronavirus
Last Updated: April 7, 2020 at 11:19 a.m. ETFirst Published: April 7, 2020 at 7:39 a.m. ET

 

[fibo_trader]

For historians only ................... reminder of the exact same situation TODAY as in the Great Depression of 1929


and the 1970s top and 2000 top and especially the 2008 top. THEY all came out to sing and cheer as the market rallied and rallied and they sang in unison, "its over, the pain is gone, the thrill is back, so buy buy buy"

THEY all died ignominious deaths. After death they all went to various forums and blew superheated steam out the ass that had one thing in common - their trades had no entries. The bonus was that they were 100% accurate in hindsight. This is how and why Demo trading was born.

These ghosts continue to dwell in forums. I have met them all. Such lovely people.

 

[fibo_trader]

For historians only ..........................

Special honors and thanks go to Trader333 who once said to me, "I have nothing against you" This alone was so remarkable in a place where 99.99999999% hated me. Then he wanted to counsel me. Another remarkable feature. From a Holy Man such as Trader333 this would have done me a whole lot of good. Unfotunately this never materialized as instead I got shot 8 times by him into a Red Card Ban.

Funny thing is I don't have anything against Trader333. I tried his pay-shunce to the nth.

As much as he might hate me now, I'm still his friend - always will be.


Trader333 & Big Joe:

 

[fibo_trader]

For Historians only .............................. and Sharky too


The Fibo Target Box from several days ago shines like a light to put perspective on the recovery wave.


Notice how paralyzed T2W is: have a look around. A virtual graveyard. One would expect that traders are battle-ready as they are trained for battle unlike the general public. But these soldiers are the laziest in existence and none will take a stab. Nobody puts out. Nobody will take a stab at it. Nobody. Then, when the move is over they will come out in droves and state how they knew it all along. And then and only then will trade it - in hindsight.


The Nasdaq 1H chart: 3-wave move thus far. current correction looks like a 4th. Expect a hit at 50%. The hit at 38.2% was a perfect hit means Nasdaq digs Fibo and is going according to my script. Therefore next hit at 50%. Then re-evaluate. Can Nazzy go to the golden ratio at 61.8%? Or really rope in all the crash-is-over-guys into going LONG wth the entire ranch at teh 78.6% hit?

A trendline (not shown) on 5-min. will be a decent guide.

Can Nazzy hit the top channel line? It is a magnet.

Easy Short entry is a break of the 200-pd ema on 1H. But I want something better so am looking for a reaction or warning. None yet. Hey, there might never be any warning. The 2nd Law of Trend is that a trend can reverse without warning.








View attachment 277608

>>>>>> current correction looks like a 4th wave >>>>>>>


The Dow gave up all of its 940-point gain as stock-market rally stumbled into the close
8
Published: April 7, 2020 at 4:26 p.m. ET




Q.E.D. ???

 

[fibo_trader]

For historians only ..............................


Fibo first one to spot the Key reversal day in the Dow, SPX & Nazzy.

Yeah baby, Fibo still gots the eye

The monthly timeframe specialist gunfighter (Fibo) versus a Scalper specialist gunslinger

 

[fibo_trader]

Keep eye on Vix .............. 1H ............ 39.68 houses the magnficent golden ratio. If we get there, will it trigger?
could be an ending diagonal triangle with an A-B before it. Just thought-ing. It might not be complete yet.

Just thought-ing but dig this - thought-ing BEFORE themove takes place. That takes effort. There is very little thought-ing reqd. AFTER the move takes place - this is the cause of Brain Death in traders.


Think fellas think - this type of opportunity in HISTORY comes sooooooooooooooo infrequently perhaps just once in our lifetimes. Right or wrong, nobody gives a rat's ass but not trying is a mortal sin. We gots to fight, that's what keeps us sharp and in our prime.

I'm in a friggin retirement house of senior citizens who can barely move

 

[fibo_trader]

 

[fibo_trader]

Corona virus making Big Joe very lonely, nobody wants to play, all deadly serious with their masks and gloves and whatnot. BEAR has really done a number on the place and he ain't even got really started yet.

We are due for some lafffs

For Americans especially and then rest of the world to enjoy. Will fly clean over the Brit's heads as they never appreciate american humor and never can allow thesselves to laff even if funny - just because Americans by definition are killjoys for 'em.
Who understands this bettr than anybody? Big Joe.

Wish Lightning was here. Its not the same without him. Noticeably absent. Hope he's OK and Corona did not get to him. Wishing him well.

 

[fibo_trader]

For historians only ................ creme de la creme on FA vs TA thrown in Fibo's lap - serendipitously


(note: for those who don't know, FA = Fundamental Analysis .................. Fibo is good at this too but in his own way with special twists in that I can read Fundamental charts with a WAVE eye whereas Economists CANNOT. On this basis alone, Fibo can flog 'em silly, every single one of them)

Bernanke and all the other Economists from Harvard, Princeton and Yale and we have to include Oxford and Cambridge too so I don't get banned from T2W - not one saw any crash coming here in 2020 nor in 2008. Heck they even miss the intermediate crashes like that of 2015-2016.

TA buggers FA with its eyes closed. But wait, it gets better, way better ............. TA in the hands of Fibo ravishes FA like there's no tomorrow. But wait, it gets still better ........... Fibo + TA + SA = a mere one-man army withthe power of a Galactic Speicial Forces.



Former FED chief, Ben Bernanke, a fellow of the Brookings Institution, with credentials 5 pages long including Goldman Sachs kingpin - and presided over the handling and solutions of the GREAT RECESSION of 2008 ....... and and and, dig this, is an avid student and researcher of the Great Depression of 1929

said this in an interview ...............


"gross domestic product on an annualized basis could fall by 30% or greater in the second quarter - the prospect the economy could be partly opened up in the summer and closed back down again in the fall.

“So overall, it could be a very bad year for the U.S. economy,” said Bernanke.

 

[fibo_trader]

For historians only ................ creme de la creme on FA vs TA thrown in Fibo's lap - serendipitously


(note: for those who don't know, FA = Fundamental Analysis .................. Fibo is good at this too but in his own way with special twists in that I can read Fundamental charts with a WAVE eye whereas Economists CANNOT. On this basis alone, Fibo can flog 'em silly, every single one of them)

Bernanke and all the other Economists from Harvard, Princeton and Yale and we have to include Oxford and Cambridge too so I don't get banned from T2W - not one saw any crash coming here in 2020 nor in 2008. Heck they even miss the intermediate crashes like that of 2015-2016.

TA buggers FA with its eyes closed. But wait, it gets better, way better ............. TA in the hands of Fibo ravishes FA like there's no tomorrow. But wait, it gets still better ........... Fibo + TA + SA = a mere one-man army withthe power of a Galactic Speicial Forces.



Former FED chief, Ben Bernanke, a fellow of the Brookings Institution, with credentials 5 pages long including Goldman Sachs kingpin - and presided over the handling and solutions of the GREAT RECESSION of 2008 ....... and and and, dig this, is an avid student and researcher of the Great Depression of 1929

said this in an interview ...............


"gross domestic product on an annualized basis could fall by 30% or greater in the second quarter - the prospect the economy could be partly opened up in the summer and closed back down again in the fall.

“So overall, it could be a very bad year for the U.S. economy,” said Bernanke.

read quote first ..................

SA = Sentiment analysis = Psychology of markets = psychology of the HERD, any HERD = Fibo's forte

I called the January 26th, 2018 worldwide TOP without using FA. But bits and pieces of FA were bellowing to me thru' a megaphone but not a single economist was paying attention to even their own methods - bunch of deadbeats IMO

The true unemployment rate was hovering at 22% for years while the Dow Jones blasted higher and higher. What the government was showing was the going lower and lower of the fake unemployment rate down to 4%. That's how bad these guys are. They don't got a clue. The red lights were flashing in FA but they didn't see it.

I would take all the Goldman Sachs personnel all theway to the top rank and send them off to live in the UK for 3 years as punishment for buggering up the world economy consistently