I'm hearing a shit ton of top buying, and people getting smoked b/c of it.
I mean, I'll lay it down easy here. If you are not buying on days like today and selling on days things go up....STOP TRADING AND GIVE YOUR MONEY TO A MUTUAL FUND.
Trust me, chasing charts is a pipe dream, when you think it can go on forever your thought processes are clouded with visions of grandeur and ferrari's.
I hate to tell you. The equities party is over. I dont care what it is netflix, apple, wildcat, etc. Tinka today got rocked. If you didnt see this on a chart, well it was in plain view. I personally know someone who bought another 100,000 shares today. Quite frankly I think he is early as this is going back to the MA.
Like 2008, things change, and things change fast. If you are not in front of a computer daily, dont play our games here. Paper games that is. Is Tinka still a $2 stock by New Years day? You better hope Benny boy changes his mind on the spiked punch bowl. Can it go back to ZERO first? Yes 100%.
If you were not hedged, forget about it. Dont waste your time buying juniors, ETF's, options, etc. Just buy the fucking physical and sit on it till the world ends.
When I start hearing stories of people buying 50,000 of juniors at market, the day after its up 25%, forget about it. The market is rolling over.
So, just for the record, I will be buying TINKA on any moment down here. I will be buying phyzz (no idea where I'm going to put it) on any move down towards $33.
The S/P rolling over 12 5's will be a disaster.
You are about to experience 2008 by August. I will be uploading my platform charts, and if I feel like it, I am going to start to document, on video, the equity manipulation on SLV trading. This may take a while, but I feel I owe Blythe my due diligence and exposing this shitfuck.
Free some cash up, and get ready for an epic summer. Godbless America.