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fibo_trader
Insiders are selling stock like it's 2007
The leaders of Corporate America are cashing in their chips as doubts grow about the sustainability of the longest bull market in American history.
Bear Market almost ready to resume ....... March 12, 2019 posted at ET
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Hahahahaha, elephant brain, I like that
What you might not know about Fibo is that he does not consider posting at a forum to be just mere entertainment. It is serious business, serious work, serious train of thought and its entire purpose is to get better and better and better as a trader/investor. Remember I mentioned to you about the greatest strength of a Forum being the date and time stamp? That is why I like it. It gives me time context and holds me accountable for my calls and trades. Traders can bullshit and abuse the blotter and trade tickets with Photoshop crap but nobody yet has devised a method to hoodwink the forum date and time stamp. I love it.
That is why its soooooooo eeeeezy to catch cats here who post shit like, "I've been Long since April" hahahahahahahaha. I know right away its a scammer and a poser because there is no date and time stamp for the entry, its all a crock.
Yes - I recall Fibo enjoys the harsh reality of a date stamp on a forum post.
Having just finished a bottle of a Bordeux merlot - a few relateable quotes from the elephant article, highlighted below, which resonate well with trading and those starting on their journey.
This is a very nice article Fibo.
Hahahahaha, elephant brain, I like that
What you might not know about Fibo is that he does not consider posting at a forum to be just mere entertainment. It is serious business, serious work, serious train of thought and its entire purpose is to get better and better and better as a trader/investor. Remember I mentioned to you about the greatest strength of a Forum being the date and time stamp? That is why I like it. It gives me time context and holds me accountable for my calls and trades. Traders can bullshit and abuse the blotter and trade tickets with Photoshop crap but nobody yet has devised a method to hoodwink the forum date and time stamp. I love it.
That is why its soooooooo eeeeezy to catch cats here who post shit like, "I've been Long since April" hahahahahahahaha. I know right away its a scammer and a poser because there is no date and time stamp for the entry, its all a crock.
Froms the quantum of posts which charts et al, I can see the thought behind each reply.
Thank you for the fuller explaination to the USDJPY call, I shall reach my capitalisation target come this months payday and that is where the really fun starts... that is not blowing the account, I have the Fibo nugget book which I spent time working on last week trawling past and present posts and extracting little nuggets - next step is full collation with chapters.
I shall give you a copy for proof reading.
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fibo_trader
Excellente! For the USDJPY game of Longmanship, take your time, if the CALL has merit it will be a long bullrun because the ext wave up is either a C-wave or a 3. Both are sheer peotry. So might be a good idea to keep bets really small for starters and then when verified that we have a new uptrend, add to positions.
Safety first, small position, no leverage, control greed. The run if right will last for years. We will aplly the basics of trend when the move gets underway so you will know where to put your stop as per the Laws of TREND not just the hocus pocus of will-nilly 3% stops.
The STOP is designed as per Clint Eastwood's "a man has go t to know his own limitations" (Clint of course is clueless about all this, hahahaha) -
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fibo_trader
You are welcome.
You will meet her in London. Meet who? The elephant girl. When I first met her and we went to see the sights in Phuket, Thailand, the cat calls by young Thai males at this fox was bothering me as I had to defend her. But she was too smart to let me get into fights with bone-crusher Thai kickboxers. Why she was never afraid of any man, I discovered down the road apiece in the Khao Yai National Park forest where she convinced me it was OK to get off the beaten path and go visit the wild elephants.
She be afraid of a thai kickboxer punk when she can walk right up to a bull elephant in his prime and within minutes get his friendship and trust? You could have knocked Fibo over with a feather. AWE! And she spoke to them in a Thai dialect I have never heard even among the Mahoot at the camps
Never a dull day in the Land of Smiles.
Elephants 'understand human pointing'
African elephants appear instinctively to understand what it means when a person points to something, experiments suggest.
www.bbc.com
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fibo_trader
Living with elephants - avoiding problems in Khao Yai national park
Khao Yai National Park, north of Bangkok, is instructing tourists how not to anger the park’s wild elephants as they walk on or besides the roads. Tourists travelling to the national park from Prachin Buri Province at the Noen Hom entrance are likely to meet wild elephants in the morning and...
thethaiger.com
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fibo_trader
Angry Elephants Confront Motorcyclist in Khao Yai National Park – [VIDEO]
. KORAT – Thai elephants are amiable, curious creatures with long memories. They learn quickly, enjoy playing and hanging around their tight-knit families, and understand the importance of relationships and teamwork. These gentle giants are just like people, too. This dramatic video uploaded by...
www.chiangraitimes.com
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fibo_trader
My personal stock market and currency trades when I am in the Land of Smiles have been charted over the course of 5 years. Location independent. sometimes a trade occurred at a Marriott hotel in Bangkok, other times on the road in general or at a holiday resort in Phuket or Koh Samui or even at other locations.
My best trades EVER were initiated at Khao Yai National Park and Doi Inthanon mountain where I go frequently to sit in the silence of NATURE. The touch of the tree, a whisper to it and ask if its OK to sit by it and work awhile. then after settling in to a relaxed mood, I hammer in several trades boom boom boom in a row. Then I thank Nature and leave for civilization's noise and usual cacophony.
Such trades fly - highest success ratio. My American initiated trades from the city pale in comparison.
5 trades on the SET50 futures initiated from a Buddhist temple sitting under a tree waiting for the girl to finish her prayers away from any tourist crowds, produced unbeknownst entry into a 3rd wave within hours that I had not seen. The income buildup was soooo staggering as to be almost transcendental.
My best trades EVER were initiated at Khao Yai National Park and Doi Inthanon mountain where I go frequently to sit in the silence of NATURE. The touch of the tree, a whisper to it and ask if its OK to sit by it and work awhile. then after settling in to a relaxed mood, I hammer in several trades boom boom boom in a row. Then I thank Nature and leave for civilization's noise and usual cacophony.
Such trades fly - highest success ratio. My American initiated trades from the city pale in comparison.
5 trades on the SET50 futures initiated from a Buddhist temple sitting under a tree waiting for the girl to finish her prayers away from any tourist crowds, produced unbeknownst entry into a 3rd wave within hours that I had not seen. The income buildup was soooo staggering as to be almost transcendental.
You are welcome.
You will meet her in London. Meet who? The elephant girl. When I first met her and we went to see the sights in Phuket, Thailand, the cat calls by young Thai males at this fox was bothering me as I had to defend her. But she was too smart to let me get into fights with bone-crusher Thai kickboxers. Why she was never afraid of any man, I discovered down the road apiece in the Khao Yai National Park forest where she convinced me it was OK to get off the beaten path and go visit the wild elephants.
She be afraid of a thai kickboxer punk when she can walk right up to a bull elephant in his prime and within minutes get his friendship and trust? You could have knocked Fibo over with a feather. AWE! And she spoke to them in a Thai dialect I have never heard even among the Mahoot at the camps
Never a dull day in the Land of Smiles.
Elephants 'understand human pointing'
African elephants appear instinctively to understand what it means when a person points to something, experiments suggest.www.bbc.com
I look forward to it greatly.
I have only seen an elephant in a zoo, but can imagine these to be amazing animals in the wild - even more so in the land of smiles, again yet to visit.
the most amazing thing about being out here is the clarity of night sky, so clear you can see swathes and masses of star clusters!
News this morning on Argentina in the form of a press release - ‘a series of extrodinary measures to ensure the normal functioning of the economy’
This also includes currency control - which at 22% inflation in the first half of the year I am not surprised.
Are they running the risk of going the same way of Zimbabwe unless this is managed?
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fibo_trader
They are indeed, huge risk. One thing that stands out w.r.t. Risk is their currency versus the dollar. It is downright scary to see the deep agony they are in. Right up your alley now in terms of charting the KING in afterburner mode, namely the 3rd of 3rd also knows as the 3rd sub-wave of Wave 3. In the description of waves, this segment of wave 3 is known as a wonder to behold, the swiftest rise that respects no resistance.
I've marked wave 1 and 2 of WAVE III for you. So everything that comes thereafter is still the 3rd of Wave 3. I believe it hit close to 60 today (chart not updated)
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fibo_trader
3 million people fallen into poverty this year. Argentines prefer the COLCHON BANK aka Mattress
How bad can it get? 5th debt default. BBC says there will not be any contagion. I differ. The dollar is clearly in the 3rd of 3, therefore there is a ways to go yet. Additionally the dollar could start hammering the rest of the emerging currencies soon. Thing to watch for is EEM support breaking. If taht occurs all hell is going to break as the dollar plugs 'em all.
Yikes!
How bad can it get? 5th debt default. BBC says there will not be any contagion. I differ. The dollar is clearly in the 3rd of 3, therefore there is a ways to go yet. Additionally the dollar could start hammering the rest of the emerging currencies soon. Thing to watch for is EEM support breaking. If taht occurs all hell is going to break as the dollar plugs 'em all.
Yikes!
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fibo_trader
Thing to watch over the next few days/weeks is wtf is going on with BONDS ............ talk everywhere about yield curve inversion. There is a thread here too at T2W about this and mostly asking what it means and why its so dangerous and why has it always called on a recession down the road - apparently it has a 100% success rate in calling a recession.
You will see and hear a lot more talk about this subject. It is of course super important. The easiesst explanation is that it is preposterous for a fella to put his money in the bank for 10 years and earn less in interest than he would for just 1 yr or 3 months etc. He is taking higher risk in terms of time so should be rewarded comensurately.
OK, we all generally know this .............. but the Media is misssing this one aspect that makes it downright scary ................
You see, the effective duration of a 30-yr T-Bond is approx. 22 years. Therefore because of the concept of duration = a bonds sensitivity relative to changes in interest rates ............ if yields rise by just 1% the bond crashes by 22%.
DEATH awaits investors on a grand scale if this happens.
Hide and watch
You will see and hear a lot more talk about this subject. It is of course super important. The easiesst explanation is that it is preposterous for a fella to put his money in the bank for 10 years and earn less in interest than he would for just 1 yr or 3 months etc. He is taking higher risk in terms of time so should be rewarded comensurately.
OK, we all generally know this .............. but the Media is misssing this one aspect that makes it downright scary ................
You see, the effective duration of a 30-yr T-Bond is approx. 22 years. Therefore because of the concept of duration = a bonds sensitivity relative to changes in interest rates ............ if yields rise by just 1% the bond crashes by 22%.
DEATH awaits investors on a grand scale if this happens.
Hide and watch
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fibo_trader
Debt Man's curve by EWI shows Argentina at 20%, Turkey 15.77% and in the Twilight zone are the usual suspects ................ Germany, Austria France, Netherlands, Slovenia, Sweden, Finland, Ireland, Japan, Belgium ......... in other words, all the negative rate clowns. Even Gnome-Land (Schweiz) is there at -1.10%.
UK at 0.4% with Spain at 0.05% is sitting just a teeny bit above the twilight zone and could slide into it in a heartbeat.
UK at 0.4% with Spain at 0.05% is sitting just a teeny bit above the twilight zone and could slide into it in a heartbeat.
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fibo_trader
2008 was banks. 2019 could be governments collapsing.
Yikes!
However just looking at the KBW Bank Index and the MSCI World Bank Index and the Euro Stoxx Bank Index, the feeling is get your money out fast and tuck it under the mattress.
Its going to get mean.
Yikes!
However just looking at the KBW Bank Index and the MSCI World Bank Index and the Euro Stoxx Bank Index, the feeling is get your money out fast and tuck it under the mattress.
Its going to get mean.
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fibo_trader
Will update the SPY chart manana. But just from memory it looks ominous like as if a Wave 3 is just on the verge of getting underway. If thisis the case then expect that that 900 point drop in the Dow Jones will be eclipsed in a jiffy on any one particular bad day. Hope I'm wrong.
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fibo_trader
A Fibo prediction:
Warren Buffet should withdraw himself from public interaction NOW and retreat to a BEAR cave and enjoy the rest of his Life in Peace. He's done a great job, is 89 years old and deserves rest and does not deserve what he about to get dished out. You see when the BEAR gets underway, bull market icons get hammered and criminalized.
Berkshire Hathaway looks like it has topped - will look into this manana. Also it is just uncovered that for 10 years he has under performed the SPX.
Also surfacing is therefore the value investing genius is now being questioned big time as value has not been working recently.
Pain for Warren on a big scale over the next months/years
I don't like it none. I like Warren. But the idiots will crucify him. Fibo will always love a guy who has billions but will carry exact change to pay for a burger at McDonald's. That's Warren. His wife gives him the exact change every day onhis way to the office. What a guy!
Warren Buffet should withdraw himself from public interaction NOW and retreat to a BEAR cave and enjoy the rest of his Life in Peace. He's done a great job, is 89 years old and deserves rest and does not deserve what he about to get dished out. You see when the BEAR gets underway, bull market icons get hammered and criminalized.
Berkshire Hathaway looks like it has topped - will look into this manana. Also it is just uncovered that for 10 years he has under performed the SPX.
Also surfacing is therefore the value investing genius is now being questioned big time as value has not been working recently.
Pain for Warren on a big scale over the next months/years
I don't like it none. I like Warren. But the idiots will crucify him. Fibo will always love a guy who has billions but will carry exact change to pay for a burger at McDonald's. That's Warren. His wife gives him the exact change every day onhis way to the office. What a guy!
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postman
True true, the Thai's are world famous for providing relief to Americans.
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fibo_trader
True, true, but Brits continue to remain the #1 sex offenders in south East Asia as a whole, Americans are a distant last.
More than 70 UK sex offenders refused entry to South East Asia
A National Crime Agency intelligence-sharing scheme is allowing countries in the region to block access for known criminals.
news.sky.com
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fibo_trader
But wait, there's more. Majestic Fibo puts it like this:
In every aspect of Life ............ Economy, Business, Trading, etc., etc., offers the best definition known to Man for "Infinity" by virtue of placing Brits in the denominator and Yanks in the numerator.
But there is one area in which Brits outshine Yanks to such a phenomenal degree its almost a virtual rout. Sex offenders worldwide. For only 67 million population , Yikes!
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