123Tom's TA study group

[123tom]

I still consider myself ....

a relative newbie to the world of investing. I only started learning TA charting about 10 years ago. I started doing investing work about 7 years ago ,in summer 2009.
Prior to that,I had no interest at all in the stock market, wall street. economics, investing, global politics, etc... and I knew virtually nothing about any of this. I was like a blank slate when I started to manage the family inheritance in a self directed IRA.
I knew I had to learn as much as I could as fast as I could, so I spent about 10-15 hours a day studying everything. I couldn't pick stocks to invest in because I knew nothing. So I had to rely on newsletter subscription services,like Agora,and Casey, and that's how I got interested in Biotech stocks (Patrick Cox/Breakthrough technology,and Casey International speculator ,for mining stocks,and I also subscribed to another half dozen in the course of 3 or 4 years(2009-2012) but by the end of 2012, as Patrick's biotech picks came crashing down, and miners came crashing down, I gave up on the newsletters as I had become knowledgable enough on how the wall street game works and how it fits into the geopolitical chess game, and all I can say really, is that back when I first started learning, from a blank slate, I think it took me about 4 months of watching the markets and studying the game, to realize that the stock market seemed very rigged and manipulated. That was one of my first real impressions .
and its only gotten worse as these years have gone by.

Some impressions have changed a little since then, for instance, while many folks think the great corrupt manipulative powers collapsing the metals an miners down since 2011 has been the FED and wall street,and the western elite /Big Money, JPM,Goldman, etc....and no doubt they are big players in the game, but a few years ago I started reading comments from other analysts who were watching what China was doing. and it started to look like it might be China as a big player in this game too, that you cant really put a label of evil on any one government or one part of the whole system, when the metals were collapsing down in 2012 thru 2015, folks were mostly blaming the western banking Cartel, and maybe it is the worst culprit,but when analysts were saying, no, its China too, because China is buying up all the metals an they want the best bargain they can get. So I don't try so much to find who is to blame for all of this, Of course the Big Money /Big government powers that own and control the FED and the stock market, are crafting a rigged casino game where they will always win. The Rothschile empire will continue to rule the world, along with the turn eastward to China and the Asian empire emerging,it will become China ruling the 21st century as we see the new world order realigning among nations. This could be just the beginning...
We're all waiting for the next global stock market crash ,and many folks who follow the internet,are also watching to see whats going on with this concept of a Planet X and its brown dwarf star,a binary partner to our Sun, a star with several planets and many moons gyrating thru the solar system travelling around our sun,and sling shot back toward the earth as it gets ready to come close by and tear up the world in biblical prophetic ways, the cataclysm to come.
I look at the market manipulation in the morning and I look up at the white hazy glowing setting sun in the sky,and I wonder if it could be true,the coming cataclysms,maybe next year, maybe who knows when. I watch a lot of you tube videos about it, and all I can do is wonder. I never see anything in the sky like the pics we see online. But I believe the pics are real. and the ancient Sumerian history etched in tablets of stone is real.

and whats this about the Earth being Flat ? That's pretty fascinating too. I am trying to be open minded about all things.

In any case, these last 5 years investing in many miner stocks , since 2009,has been a giant roller coaster ride. In 2009-2011 at the peak in 2011, I was green about 135K. That quickly vanished in 2011-2013 and since 2013 Ive been down 135K as miners and many biotech collapsed to the Grand Bottom. Ive recovered several times, back to break even and near break even,sometimes being down "only" 40K was like a great recovery. Now, this latest plunge since this summer's miner and metals "peak" this pullback now ,mostly because of my AVXL investment falling down again, has pushed me back down to 70K in the red. That could change fast and in a few months I could be back towards break even again. Its a giant roller coaster. It stopped being "Fun" about 3 years ago. but I still enjoy the "puzzle game" even though it is totally rigged and manipulated. I think if we investors can just stay close to break even and maybe make a little money , we're doing well.
Any number of corrupt things can happen when youre dealing with a corrupt government system. we could see our gold and silver investments go soaring way past 2000 gold. experts are predicting 50 thousand for one ounce of gold. But the government surely could place a windfall profits tax on it when you go to sell the gold and you will receive 2000 for the coin and the government will get the other 48K. we wont win this game no matter what we do. The government will find a way to keep their power, keep their control of all money and wealth.and keep themselves safe and secure while the public will be treated to whatever disaster and catastrophe awaits. whether natural or engineered...and we do seem to be living now in interesting times. I cant believe what a freak show has become the US Presidential election campaign. what a joke. I cant even pay any attention to it anymore.

I wonder what the Russian and Chinese leaders think of the pathetic American politicians and this bizarre charade going on.
and whats up with all these fake terror hoaxes going on. This has become a truly bizarre theatre of the absurd fakery passed off as real. This is what passes for television entertainment.

anyway, I guess that's my rant for the day.

As I kept studying the technical analytic skills I developed over the years a much improved ability to look at charts, but trying to look at charts within the framework of a totally rigged and manipulated stock market is like trying to see yourself clearly in a distorted circus carnival mirror. or going to a casino and trying to win by counting cards at the black jack table.

The wall street gamers played a big trick last week, when they collapsed the metals and miners down like they did.
It was very similar to the slam down in April 2013 that sent gold from 1600 to 1300,and it hasn't recovered yet.

The technical movement of the metals and miners up to last week, was setting up as a "wave 4" waiting and ready to rally again into a "wave 5" but instead, they crashed it down and broke the chart pattern., just like they did in April 2013.
and it was done with such clever technical skill that it fooled the TA chart folks like me as well. and all it took was 3 days. Friday September 30,then Monday October 3,and Terrible Tuesday October 4,and that's all it took to generate the big down turn. and the change out of a bullish rally pattern.
This is the chart picture I'm watching now. A downwave momentum, waiting now for a bounce into resistance followed by the next big downwave that could take miners and metals all the way back to the bottom zone again to end the year at the bottom zone. Its possible. and the Big Money wall street powers and government powers will make a fortune all over again, as they fleece everyone else who is not privy to the inside info.
all you need is to get the inside tip at the right time. Imagine Buying all the miners in mid January and selling them all in early August with perfect timing. what a fortune. but wait, they will get to short and make a fortune going down , and they will buy at the bottom they decide upon and play this game all over again. . What TA chart watchers are doing now, as we watch the current pullback falling down, we're trying to figure out where the downwave will end,and will the next rally begin, and how to ride the wave using TA as a measuring tool.
A lot of time, the tools work,in technical trading, but not when the Elite are ready to spring their next trick. they will fool even the best TA chart folks. right down to the last day, they can hide their next trick.

This was their latest trick. it worked perfectly, in the week that China was on holiday.