Yesterday I alluded to there being a connection between NGL and ALDW. I see it again today.
ALDW dropped to $9 as expected while NGL dropped 85 cents...another drop, each of great magnitude.
This machine-based system is doing all it can to sap us of our resolve. The dollars lost by us retail folks happen afterwards as a direct consequence of confidence lost.
Rest assured of this:
There's been no news explaining these drops in ALDW and NGL. Interestingly, in both cases, trading volume was only about 20% above the ten day average. That means this has not been a convincing wholesale mudslide in any sense. Rather, it's been a planned attack aimed at ransacking us so that the big guns can win.
I nearly added more units in both picks but reasoned that these may well drop further. The familiar cry "There's blood in the streets!" is the end goal. We need to look honestly at ourselves if we're to survive this holocaust.
At the moment, I'm just a couple of hundred dollars ahead of my 12/31/16 market close. That's a huge drop being as I was ahead for this new year by almost 7%. Where has it gone?
It's fallen by the wayside but only for the moment. These stocks haven't lost anything other than perceived marketability. Their actual value remains in motion so long as there's no cause for valuation rebalancing. With no deleterious news coming out on either of the two, it stands to reason that this debacle is the result of a carefully designed and implemented scheme aiming to shake and scare us out of our comfort zone.
Well, I'm certainly not happy with things as they now stand but I'm absolutely positive that just as things never remain the same for long, our current valuations will be a-changin' by this time next week---even if prices should drop further.
Hang tough, folks. This is one of those tests market manipulators like to promote. We've got to accept that much and proceed on our own.
