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Hypocracy at its' best. Libbys are whinning about tariffs. Yet when ByeDumb added to the existing tariffs not a complaint was heard. Stupid fools have nothing else to do, get a job handouts will disappear, for a while. .free loaders have no idea what a protective tariff is
People that ask me what I'm doing tomorrow must assume I know what day it is.
Ya ya lighten up.
Starbucks said later this month it will begin requiring purchases in order to hang out in the company's cafes or use its bathrooms. So what's the problem, should have been this way to start. Freeloaders are going nuts. screw em', get over it loosers
really a riot, for me anyway. All the goal posts are again being moved. I'd give a buck to see some of the so called cycles experts stick to a plan.
Like here I guess you get what ya pay for
oh well tomorrow I'm off again,
will add symmetry will be a big deal moving forward.
I wont be posting the next entry as I'll be out nor the next exit like I did in early Dec. I refuse to give it all away when I had offered to teach this chit but then told it was too much work.
As before details reserved for serious contributors and insiders. But too bad others don't want in on the EZ money trades. Stuff we can jump into and ignore all the whipsaws. Current one is making big bucks and should continue to work into May. There is so much more to this than the SnPs but will soon switch part of the account that way again.
well well well, said the mid month pivot might be a flash in the pan. yup in fact both ways, more of these are likely but the time frames should expand a bit
The big marker points for the next 6-8 months have been finalized, now off on wifeys trip
IBM 12/20/24 230 Call Filled BTO 4 Limit $0.20
IBM 12/20/24 232.50 Call Filled STC 3 Limit $0.95
IBM 12/20/24 230 Call Filled BTO 1 Limit $2.19
IBM 12/20/24 232.50 C Filled BTO 3 Limit $3.10
IBM 12/13/2024 230.00 C Filled STC 3 Limit $2.37
Caught the Fri close, just under the wire, and went to all cash in accounts that can't be shorted. Still think we see higher prices before a big dip but I also have upcoming issues that will take me away from the office for several weeks.
IBM 12/06/2024 225.00 Call Filled STC 2 Limit $8.30
IBM 12/13/2024 230.00 Call Filled BTO 3 Limit $4.79
For some time whenever a big dive was mentioned I'd step in and say something like, maybe but look at it again.... This morning I took wifes IRA to about 90% cash. Think we could see some wild gyrations pretty soon plus I just don't have time to monitor this right now. So I left a few crumbs for the crows. Will see how things shape up over the next couple weeks or maybe early next year.. Can always pile back in.
the mid month low I'm seeing might be a flash in the pan. See how the week ends. I'm not up to date on the internals, too busy with other issues..
well, I can see how it would happen. Maybe a lower hi? We have one of these either or scenarios we get 3-4 times a year. Like mid Nov., mid Dec seems important and likely another pivot. If not heaven help us..
Wed I started unloading investment accounts. Today I did more. Trying to consolidate things so I can let my nephew run things while I keep working on a few projects, want everything tied up by the New year so I can take wifey on a trip..
IBM 11/29/2024 220.00 Call Filled STC 1 Limit $7.55
IBM 12/06/2024 225.00 Call Filled BTO 2 Limit $4.04
Next week I would expect a higher high, then a bigger decline starting around the 6th. Market is way overbought and too expensive. Needs a big break anytime.
like was posted a fed week hi but higher numbers to follow
See no one will stick their neck out so no further comments for public viewing
back to work on the big pic. getting interesting
INTC 11/22/2024 22.00 Call Filled STC 2 Limit $2.47
IBM 11/29/2024 220.00 Call Filled BTO 1 Limit $4.60
INTC 11/15/2024 24.00 Call Filled STC 4 Limit $0.55
INTC 11/22/2024 22.00 Call Filled BTO 2 Limit $2.58
Add more perspective to how much money goes down the drain with elections. Overall about $10.5 billion dollars were wasted by the 2 big parties in getting out the lies with all levels being included. The 1.4 B was president only. Ya boy makes me real proud,
Now a city near us is having issues with election signage in people yards. Nearly a week has passed and many have not been taken down, mostly dems from what I saw on drive thru last night. But the money wasted on this crap!
Signs never influenced me, never. Like radio and TV ads same thing, In fact I usually flip channels or fast forward thru ads as I record most things I watch..
Dems spent over a billion dollars this year, repubs I think about a 1/3 of that. Makes me sick. All this leads me to get more involved with a veterans shelter project I started this summer.
That work along with finalizing my big pic market work and an upcoming trip will keep me busy for several weeks.
GL
That was a good call. Am aware of him and exchanged ideas years ago. Being I'm mostly a cycle analyst with the power indicators our styles didn't mesh. Have not seen anything he does in 4-5?? years.
Truly amazing this guy, Carl Futia, called the SP500 to hit 6000 before end of 2024. I think he called it last year already. Didn't really believe it back then. He's called other SP500 movements in the past. jglider, have you heard of him?
INTC 11/08/2024 21.00 Call Filled STC 2 Limit $5.22
INTC 11/15/2024 24.00 Call Filled BTO 4 Limit $2.33
Finally, another election cycle behind us. Elections have consequences. Now we are faced the chit thrown at us the past 16 years. Fits in somewhat with the ultra big picture of debt issues that must be resolved. Have said a couple times this debt issue would likely be more of a cyclical event. Those that have my last study know where this is going. Yes, covid was part of the problem as was the recent influx of illegals into swing states making it a 3 part issue but these are more things playing into this.
When a problem is allowed to go unresolved for years, the cost of cleaning up that mess will far surpass the gains made from allowing something to go unchecked.
The attempting stacking of the deck with the illegals in the big swing states and abortion brought out record numbers of voters, odds are hi both will become more of an issue for many years but we've already seen some states start to address some of this.
The only salvation is if the conservatives turn to a more moderate stance on many issues. Even if they do it'll be some time before common sense comes back to how money is handled due to how things were handled the past several years./
Regardless of how this all plays out Trump could go down as one of the worse presidents ever. Not all his fault yet as Covid hit while he was in office and now cleaning up many of the recent issues will put a halt to things and guess who gets the blame.
Regardless of who won, some think they have the world by the ass. In time there'll be little left for them to grab as smart people will have protected themselves from possible over reach.
Activism is a way for useless people to feel important, even if the consequences are counterproductive for those they claim to be helping and damaging to the fabric of society as a whole. This I've touched on many times the past several years. It will be become more evident regardless of who is running the show or appears to.
Still a big supporter of 3rd party candidates.
INTC 11/01/2024 22.00 Call Filled STC 4 Limit $1.37
INTC 11/08/2024 21.00 Call Filled BTO 2 Limit $2.51
Mid Oct it was revealed the power indicators were getting toppy, now the cycles finally hit. FWIW we were looking at mid Oct as a place to hedge or flat out go short.
If the next POI we see hits as our projected next key point it could be a dandy. Due to a trip it's likely I'll not give a warning on this one or release the expected date.
real world data works and cycles still rule
For those that have the big pic study we now have our 2nd confirmation of the expected big pic wave structure with the mid Oct hi being the first..
and yes real world data works.
I love it when one or more of the gang challenges me. It keeps me sharp but it also gives another point of view. Much like when we get different points of view here.
The vote was down for wed. 6-2.
For years I've mentioned 2 things. Cycles rule. It's all about real world data for the VST swings.
Real world data is available to everyone before these reports come out. Problem is most are too lazy to track various aspects as to how this data is compiled to come up with an estimate. Have been asked by a know it all where I get this and I refused to release it, something only a couple people understand anyway. But it is out there, just takes some work. Ya I know work why bother..
Sorry still no free lunch here but at times I'll still toss out a bone or hint. Those that work closely with us still get all the stuff.
But with this we also work with several foreign markets as they too will effect certain issues that can affect most things we trade.
INTC 10/25/2024 21.00 Call Filled Sell to Close 4 Limit $2.14
INTC 11/01/2024 22.00 Call Filled Buy to Open 4 Limit $1.82
we have confirmation of the s/t junk, watch your POIs the next one should also be key and further confirmation.
Need to repost, screwed up again on this shop laptop
Ya a go nowhere fast week. sort of fit with the PIs getting exhausted but slop kept it alive. Mon/Tue could be key and if it is I'm not expecting a fed week hi. Only mentioning this because I had left the impression fed week might be a hi of some type and it still could be but it doesnt fit my big pic outlook as important. When I post what might be an error I will correct
Mid Nov my big pic cycle outlook will get the final touches as that area looks important with the I/T swings
INTC 10/18/2024 21.00 Call Filled Sell to Close 4 Limit $1.69
INTC 10/25/2024 21.00 Call Filled Buy to Open 4 Limit $1.73
Dont recall posting this here but have said many times a hard rally into the start of earnings should be appreciated but respected.
We do have a dichotomy brewing under the surface and I have no bias at this time. It's one that could soon lead to a fair correction or more chop that leads to another fair pop much like the past couple of weeks have been.
Power indicators usually win and they are near exhaustion. Ya usually but it is an election year with another fed meet shortly after the elections. Hate talking out both sides of my face but one of those 2-3 times a year where we have 2 possibles for the neat term.
Been busy with my shop projects all day, kids doing ok so far but think I might have to take a break for a bit looking for "THAT" signal.
jglider, I read all your very informative posts. Please keep it up. I am a follower. Soon we should get a reversal...hope.
All those big nasty bear calls have finally settled down. Tried hinting it wasnt coming and everything is based on time.
Symmetry in the spooz is mind blowing. Knowing how well this works you would realize the chop we've been in could continue. Plus when the power indicators match the s/t cycles, well few will see it until its too late
INTC 10/11/2024 21.00 Call Filled Sell to Close 4 Limit $2.63
INTC 10/18/2024 21.00 Call Filled Buy to Open 4 Limit $2.69
Again we had a double top that got busted. Doesnt matter the time frames in most cases
Road maps and goal posts keep getting moved. Being an old fart steady eddy and playing on the POIs is still right. Next 2 points could tell a major story
When ole Harry said the buck stops here he meant it. A nice ez money trade so far
INTC 10/04/2024 21.00 Calls Filled Sell to Close 4 Limit $1.24
INTC 10/11/2024 21.00 Calls Filled Buy to Open 4 Limit $1.48