Bear Market almost ready to resume ....... March 12, 2019 posted at ET

[fibo_trader]

Dow JOnes Diamonds .................


have been bellowing thru' a megaphone at Fibo about the insignificant volume for years. FIBO know-ed there would be a heavy price to pay for such a limp d***

Fibo be'd correct thus far. It took-ed a while but its here. And it took-ed a while only demonstrates and underscores the huuuuuuuuuuuuuuuuuuuuge bullishness which means you can kiss and cuddle and fondle and but penetration, the ultimate test of a MAN will provide no joy.

Q.E.D.




Dow Diamonds low low low low invisible volume for 10 years

 

[fibo_trader]

Repeat:


It came with a surrealistic slowness ... so gradually that on the one hand it was possible to live through a good part of it without realizing that it was happening and on the other hand, it was possible to believe one had experienced and survived it when in fact it had no more than just begun.

We are now at April 19/2020 = the point at which the world experienced and survived it as above ....................... when in fact it was only beginning

Fasten seatbelts, hide & watch.

see quote first ....................... then see repeat below - then look around at the News Media and CNBC and other gurus for the relevant theme, "the crash is finished, we survived it, good times are returning"




It came with a surrealistic slowness ... so gradually that on the one hand it was possible to live through a good part of it without realizing that it was happening and on the other hand, it was possible to believe one had experienced and survived it when in fact it had no more than just begun.




When Wave 3 begins, those traders sitting at their computers trading will experience the emotion of emotions so deep that it will instill a terror of n degrees magnitude .................. as the room starts humming hotter and then all of a sudden the ceiling flies away




but Fibo will be singing ...........

Take me disappearing thru' the smoke rings of my mind
Down the foggy ruins of time
Far past the frozen leaves, the haunted frightened trees
Up to the windy beach far from the twisted reach of crazy sorrow

 

[fibo_trader]

BEAR market of this magnitude will bring on a CRIME wave, revolution & war ..................

at this site expect the current poking fun at, laffing at and so on of Americans by Brits due to the vast amounts of money that the US govt. is dishing out to Americans so they can stay afloat, survive, not perish and mostly not go homeless in the Pandemic

Right now and even before I got here it was at DEFCON 2 .......... a steady DEFCON 2. Elsewhere at Brit places its the same - a steady DEFCON 2 for decades

This will rapidly move up the scale to DEFCON 3-5 ............

It has to as it is fueled by resentment that cannot be resolved - EVER - same order of magnitude as the Israeli-Palestine issue but the bombs that fly are of a different sort - the more dangerous sort as they are not expected and come out of left field on the thought level

The cause of this huge buildup of resentment is ONE .............. but it was followed by later incidents that added to it ...........


THE CAUSE = ROOT:

 

[fibo_trader]

THE CAUSE = ROOT:



It is now 70 years since GIs first landed on British soil to join their allies during WWII. Before the war, ordinary British people only knew Americans as the gangsters and heroes from the silver screen. They were in for a shock.

The first GIs landed on Britain's shores in 1942 and brought with them candy, Coca-Cola, cigarettes and nylon.

A Home Office report in 1945 reported that girls saw the US as a "magic country" and that the American "proneness to spoil a girl" made them the most attractive boyfriends.

The girls went mad. They never had such a good time. They had never been with fellows who had so much money,

Children would flock around them and cry "got any gum, chum?"

GIs were reportedly very generous. With average salaries more than five times that of a British soldier and no living expenses to worry about, there was plenty of time for parties. ROFLMAO

And their generous nature made them alluring to women - around 70,000 British women became GI brides.


Perhaps surprisingly for a country at war, entertainment increased. GIs hosted parties, charming many women in the process. But girls who spent too much time with GIs were sometimes called "Yankee bags" - and estimates suggest around 9,000 war babies were born out of wedlock as a result of these liaisons.


Many though, especially women, loved American culture - the music and consumerism, and had a view of "America as an ideal" ROFLMAO

GIs, with their salaries, swish uniforms and flirtatious nature, symbolised the "gradual dominance of the US in the alliance"




No Brit can recover from such a thrashing. Its just not possible.




Hahahahahahahahahaha, God, do I love it so!! No wonder they're pissed at us and are always taking it out on us!!!!
I understand now, Father. There is no more mystery.

 

[fibo_trader]

extract:

The Royal Australian Navy warship HMAS Parramatta has conducted exercises with three US Navy ships in the South China Sea. The show of force comes at a time when China has been criticized for boosting its presence in disputed waters while surrounding nations are busy dealing with the COVID-19 pandemic.

 

[fibo_trader]

For Sharky ..................... you asked about waves ........ continued

Source: Murphy, John. Technical Analysis of the Financial Markets; (c) 1999.





Unfortunately for your T2W gang, Charles Dow was/is an American so it will be difficult for them to accept/agree to revisit the BASICS - that have stood the test of time for decades and decades in the oldest form of analysis called DOW THEORY.

The BASICS as you can see are WAVES


Dow considered a trend to have three parts, primary, secondary, and minor, which he compared to the tide, waves, and ripples of the sea. The primary trend represents the tide, the secondary or intermediate trend represents the waves that make up the tide, and the minor trends behave like ripples on the waves.


Watch now how your T2W gang is in perennial violation of the BASICS when it comes to market corrections/retracements ............. shocking


An observer can determine the direction of the tide by noting the highest point on the beach reached by successive waves. If each successive wave reaches further inland than the preceding one, the tide is flowing in. When the high point of each successive wave recedes, the tide has turned out and is ebbing. Unlike actual ocean tides, which last a matter of hours, Dow conceived of market tides as lasting for more than a year, and possible for several years.

The secondary, or intermediate, trend represents corrections in the primary trend and usually lasts three weeks to three months. These intermediate corrections generally retrace between one-third and two-thirds of the previous trend movement and most frequently about half, or 50%, of the previous move.

According to Dow, the minor or near term trend usually lasts less than three weeks. This near term trend represents fluctuations in the intermediate trend.

 

[fibo_trader]

For Sharky ..................... you asked about waves ........ continued

Source: Murphy, John. Technical Analysis of the Financial Markets; (c) 1999.


Your entire gang is in violation of the basic of basics .............. except for just one cat .......... named Trader333 - he gets it.
Volume Must Confirm the Trend:


special note by author John Murphy:
Students of Elliott Wave Theory will recognize this division of a major bull market into three distinct phases. R.N. Elliott elaborated upon Rhea’s work in Dow Theory, to recognize that a bull market has three major, upward movements.

---------------------------------------


Fibo's observation is that your entire gang is solidly socked into just the ripples on the waves - so distant is this from even the Minor Waves let alone the Intermediate and Primary waves

Shocking! Shocking!

 

[fibo_trader]

For Sharky ..................... you asked about waves ........ continued


How bad does it really get here at T2W w.r.t. BASICS? How low can it go? How utterly preposterous is it really?
How absolutely infuriated are the CLAN here by the even mention of Fibonacci? Best of the best is: THEY unanimously scoff at Fibonacci retracements = main reason why they are perennial demo traders because they will never be able to use NATURE as the natural Take Profit or Catastrophic Stop-Loss level

How so?

Charles Dow pointed all this out and it has zip to do with Fibo or fibonacci or elliottwave ............. when he said this .............. (already posted above in post #2266 = penultimate paragraph)

These intermediate corrections generally retrace between one-third and two-thirds of the previous trend movement and most frequently about half, or 50%, of the previous move.

note:

one-third is close enough to Fibo's 38.2%
two-thirds is close enough to Fibo's 61.8%
50% is exactly 50% in Fibo country
bonus: in any trend the most common correction/retracement level is 50% = same as Fibo country



YAWN!

 

[fibo_trader]

How Fibo has left even the Mighty Dow Theory in the dust in this one regard - that means everything and more .........

The most difficult task for a Dow theorist, or any trend-follower for that matter, is being able to distinguish between a normal secondary correction in an existing trend and the first leg of a new trend in the opposite direction. Dow theorists often disagree as to when the market gives an actual reversal signal.

Source: Murphy, John. Technical Analysis of the Financial Markets; (c) 1999.



This is the main reason Fibo says, "when the trend is spotted in pre-reversal mode, get on your horse and start riding it to its natural extinction - Fibo is a guerrilla fighter who can work wonders from the back of a horse)

 

[fibo_trader]

Making sense of a stock market just 16% off its high while a pandemic costs 26 million jobs
PUBLISHED SAT, APR 25 202010:14 AM EDT





For Sharky:

This is exactly what a WAVE 2 rally does - it mimics the previous bullmarket, in this case the previous bull has been running for 10 years. The job of a Wave 2 is therefore to draw the victims back in - then when they climb on board - kill 'em all.

That is why there is nothing to explain. Sooooooooooooo elementary its shocking! But it confounds the average and almost all other investors.

 

[fibo_trader]

Saved by the BELL:

None had any savings and they were on the verge of being let go. Imagine the stress. The owner was refreshing his Pandemic Small Business loan application page several times per minute(?) as DEATH stalked him. No answer was forthcoming ........... until ........ The Loan came-d thru' just shy of too late.

What a country!

 

[fibo_trader]

AMERICA at her absolute finest being demonstrated daily on a continuous basis in present time as even govt. employees rush to get the job done of getting the money out to desperate folk

Millions already saved from homelessness.

What a country!

And California? The trend setter? Yeah! Living up to her reputation 100%

What a state!

Fibo is impressed beyond belief!

 

[fibo_trader]

Fibo was trembling as he put on his jacket
It had creases as sharp as a knife
He put the ring in his pocket but there was a note
And his heart, it jumped into his mouth
It said, "Fibo I'm sorry to tell that your prayers have saved only you & 27 friends of yours -
Cannot help the others - take cover now and prepare for mayhem"

The ferocity, power and strength of the towering giant Fibo is going up ALONE against in this BEAR market is soooooo stupendous as to bring Fibo to a complete halt in acknowledgement of an adversary of transcendental seniority. Respect? Yeah! Underestimate HIM? Never!

It is an HONOR to go up against an adversary of such stature.

Life's mission is therefore accomplished in part - to at least show up for the fight.

By the end of the fight if I'm still standing it will be a massive feather in my cap, beyond dreams

By the end of the fight, if I'm not only still standing, but flourishing prospering, then and only then is it clear I need a BIGGER game - as this one has been bested from the pan-determinism shelf of attack.

 

[fibo_trader]

The coming ROGUE wave, when it arrives will generate massive negativity and EVIL. Everywhere one turns, especially if one is turning and jiving with the dopey, retarded MEDIA who thrive and earn big bucks on negative sh*t, there will be scenes and forces that can drag one down.

This is what makes a 3rd Wave so dangerous. Its relentlessness. If supermarkets are even open, you will see tons of depressed folk.

Depression is contagious, very much so. It will try its damndest to enter YOUR domain to tranquillity

Our job is to keep our spirits up during the entire 3rd wave ................

Meditation, YOGA, NATURE in abundance, birds, animals .................... will all do the trick

The music that is coterminous with YOGA can be gotten from Fibo - trunks full of such fine music, the soul flies into the mystic. YOGA YOGA YOGA = survival power

 

[fibo_trader]

For Sharky .................. WAVES .................. watch this one, its close to completion

Sunday, April 26, 2020

Vix on 1H ......... corrective wave as an A-B-C shown with the Fibo grid that hits the 3 points = top, low of wave A and high of wave B to give a possible, plausible target for Wave C ............. most common is C =A ...................

Vix currently at 35.83 ............... C = A at 34.42

We wait and see.

 

[fibo_trader]

During the first leg down of a 3rd wave, the fellas will have to pay special attention to the ladies (wives/gfs) as they drop into depression-like state. The fellas as hunters for wherewithal in Life (jobs, money, food, cover bills) cannot afford to get depressed so be prepared to deal with female talk of this nature:

The sunset outside my window
Has lost all it's glow
The rose in the garden
Doesn't bloom any more



Good luck

 

[fibo_trader]

FIBO style Corona Virus handling (Sweden) ................................ handled beautifully by Sverige (Sweden), my first love

What a country! Always #1 even despite the huge and deep erosion by influx of deadbeats over the years. I pray for them and ask that they b allowed to go back to the way they once were, a stunning country that gave Big Joe the happiest times EVER

Fibo's Immigration interview eons ago went down in 20 seconds flat and resulted in something rarely if ever done at the first interview - permanent residency without even applying for it

Immigration Officer: I have only one question. Do you love this girl?

Fibo: (getting ready to answer, YES but was stopped short by the Officer with, "no answer reqd., its obvious")

The resulting highly cherished and sought after by all foreigners - stamp in my passport was so loud it shook the table and the room and the ceiling flew away as Big Joe just sat there stunned and girl cried tears of joy. The Officer himself saw this emotion and choked up too.

What a country!

 

[fibo_trader]

Sweden resisted a lockdown, and its capital Stockholm is expected to reach ‘herd immunity’ in weeks
PUBLISHED WED, APR 22 20206:56 AM EDTUPDATED MOMENTS AGO



Never knew that years later, Sweden would adopt the thinking style of Fibo

Yeah baby, a very special country

 

[fibo_trader]

Remember what this felt like? People enjoy the warm spring weather at Hornstull in Stockholm on April 21, 2020, during the new coronavirus COVID-19 pandemic.

People enjoy themselves at an outdoor restaurant, amid the coronavirus disease (COVID-19) outbreak, in central Stockholm, Sweden, on April 20, 2020.

 

[fibo_trader]

A solid living choice ................... I could live here easily ................ Dalarna