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

[fibo_trader]

Virus buggering up my scene big time. Can't do stuff like I used to, everyone is in such a bad mood, esp. cops. Just look at Trader333. They get madder when I try to loosen them up.

Not like in the old days ....................

pulled over for outrageous speeding late nite on my way to a Line dancing hangout and the cop come up to the window and said, "you're going to spend a week minm. in jail (not lifetime ban)" Usual stuff, license and reg etc., then he sees the big smile and asks, "why are you smiling when you know you're going to jail?"

Fibo: You won't call it in.
Cop: Why won't i?
Fibo: Because this is Texas, the most beautiful state with the best roads and YOU would not penalize a young fella for going crazy and opening up the throttle.
Cop: (smile come-d to his face) "nice try but you're going to need a much better excuse"
Fibo: OK then. My holster is in the back seat, take it out and remove the bullets.
Cop: Why?
Fibo: In Texas its settled with a draw.
Cop: (laffing) who will judge who is faster?
Fibo: I'll pull on you before your gun even leaves the holster. No referee reqd.
Cop: OK then, let's do it.

He had no chance. Its Fibo's thing, always has been.

30 minutes later the cop has dropped off the squad car, changed his clothes and we went out and got drunk at the Line Dancing place in Texarkana. Even brought a hat for me to wear. Still friends till today.

 

[fibo_trader]

The original:

Fibo's BEAR market song #2 ................... someone told me long ago there's a calm before the storm ...............

Older and good-er

When BEAR hammers us to down and out, here's the lifter ..................... R.I.P. Billy

 

[fibo_trader]

Get a load of the muscle power of Fibo's BEAR - keep in mind that only Wave 1 down of Fibo's BEAR did all this!!!!! Akin to a first punch by Mike Tyson in his prime.

Imagine the catastrophe on the next Wave? Yeah, the formula is: Richter scale: Wave 1 = 8.0 ............. Next Wave = 13

BEAR is following the Fibo series. Within Wave 3 he will go to the next Fibo number (21) when the 3rd of 3 arrives. The 3rd of wave 3 is the middle portion of the 3rd wave wherein BEAR pours on the coal.

Lord have mercy on these infinitely unprepared souls in England!!! Help them, Father.

180 countries knocked out in one single solitary punch - knocked out for how long with just one punch? Knocked out for the most part since Feb 12/2020 = 8 months = a Fbo number yet again.

 

[fibo_trader]

In Germany, the state of Bavaria is enacting new restrictions, but the country likely won't have to go back into a full lockdown.​

Dream on Angela. Fibo likes you bigtime but can't help you here. Prepare now, don't underestimate! Schauspiel Theater in Theaterplatz, Frankfurt am Mein ............... Besten Dank

 

[fibo_trader]

The arrival of Wave 3 rests on one line? hey hey hey, it could be!! They said many a time to me, "one squiggly line on a chart and you put the world's fate on it?"

Fibo: Yeah, baby. Break that line convincingly, even better would be to break it and go back up to kiss it, then bolt south!!

The line in the sand is on daily timeframe on SPX/Vix (SPX divided by Vix), i.e. the Ratio ...................... nobody here will notice the Head & Shoulders but you never know, Miracles do happen. But, that one trader here from Malta will see it first shot.

 

[fibo_trader]

The arrival of Wave 3 rests on one line? hey hey hey, it could be!! They said many a time to me, "one squiggly line on a chart and you put the world's fate on it?"


Since BEAR is boss, I worked back from the FEAR GAUGE to only then go to the SPX herself. Therefore what would be the corresponding line on SPX herself that would match the line in the sand (neckline) shown in the SPX/Vix?

I come-d up with this f***ed up line. Very disappointing. It sucked bigtime.

 

[fibo_trader]

The arrival of Wave 3 rests on one line? hey hey hey, it could be!! They said many a time to me, "one squiggly line on a chart and you put the world's fate on it?"


Gazed some more at the disappointing trendline on SPX and it come to me that it might just be a centerline of a channel. Centerlines don't have to be exact, bars can bounce in and out of it. Settled on the Pitchfork - I do something that is not allowed ............. I jigger and swivel the lever by grabbing the origin by the b***s. So the origin rarely hits the origin of the actual low. But I don't give a rat's ass if it makes me money on the trade/investment I use it from then on.

So the centerline changed when the Pitchfork is drawn. I'm satisfied. But, will it work? Fck knows.

 

[fibo_trader]

The arrival of Wave 3 rests on one line? hey hey hey, it could be!! They said many a time to me, "one squiggly line on a chart and you put the world's fate on it?"

Focus again on the lower chart, the SPX/Vix ......................... no channel but a wedge or Triangle ............... so the numbers represent wave count within the wedge and the letters are used for a triangle like a Wave B triangle. If the latter, i.e. Wave B is correct, then Wave E is not a problem due to its low height and length. But if the pattern is a wedge, then its screwey because wave 5 is too short and therefore a failed 5th.


Therefore the only reliable thing is the line in the sand. Yeah, just that ONE line. Break that bigtime and the world is f***ed. Bounce off of it and we have a respite just shy of too late

 

[fibo_trader]

The arrival of Wave 3 rests on one line? hey hey hey, it could be!! They said many a time to me, "one squiggly line on a chart and you put the world's fate on it?"


The 3 virtues of stellar value in an aborning BEAR market BEND in the trend are Patience, Prudence and Serendipity. All 3 are stunning women. Will they help Fibo?

 

[fibo_trader]

METRO BANK


Revisit Page 7 of this thread .............. post #s 97, 98, 99

In post #99, the London financial analysts were telling their clients to sell assets and buy Metro Bank stock like it was going out of style. Fibo read this in the Financial Times and lafffffed so hard, I had to call an ambulance just to get up again .........

Imagine the # deaths when the rally they jumped on in the hope of a complete reversal to a new bullmarket, fizzled out and charged lower. Sheesh!!!

See post#99 for the chart below

 

[fibo_trader]

METRO BANK ................ see the breasts and curves and bum of Metro Bank? Good! Because SPX will be just exactly like that. See the slopes of the blue lines? That is what's called the 3rd wave.

Get the updated Metro chart to see that the rally failed and killed those cott in its promises of riches.

This will be profoundly irritating to Fibo's lynch mob .......................... Fibo's worldwide Top Call occurred a mere 45 days before Metro Banks top. And I did not even know about Metro when I made the call. Most boats responded to my Top Call. The exceptions like SPX and Nasdaq et al are few in number, possibly 10 in total worldwide.

 

[fibo_trader]

METRO BANK ................ she asked the other warrior .......................

She: What's Fibo doing out there?
He: He's sitting on a fence whittling on a piece of wood. When he stops whittling something's gonna happen

That something will be when SPX starts Metro-ing. Fibo will be all over her like there's no tomorrow ................. Short as short can be and riding and holding the reins so expertly that nobody will be able to knock my off my horse. I'll ride right thru' the waterfall decline and the only place I will get off is when the 3rd wave is complete, likely in year 2022. Then rest up and go Long with 20% only for the 4th wave rally which will only retrace 38.2% likely, then get ready to reload big again for the final short down to the BEAR bottom.

Fibo will cott the bottom within a range of + or - 5 days.

The trading system is ready, the tools are ready, the guns are oiled and the ammo is assembled.

This is what WE live for: to face ultra risk and stare DEATH right in the eye. How often do we get a chance like this? Only once in 75 million years. The 2008 crash was a teaser. But this one will be the real granpappy

 

[fibo_trader]

TRADING SYSTEM built from the ground up during my stay at T2W. The discretionary trading that existed prior is now complete but comes in very handy during this current bend in the trend as its easy to get thrown off the horse as SPX zigs and zags in trendless dances ............................. but once the move gets underway, MY SYSTEM takes over.

And what a system she is: Dig this ....................... It makes Warren Buffet's buy and hold look downright antediluvian. Precise entry and exit. 3 conditions must be met.

Example .................... Core Long Jan 31, 1975 ....................... system issues exit Feb 2001 = 25 years. Even the Crash of 1987 would not faze my Core position, only my Trading Daily timeframe positions. No real time hocus pocus for me.

Let the games begin.

Example parallel of how good the system is ............................ The example is the G.O.A.T. used w.r.t. Michael Jordan. Now, they've got all sorts of dumbasses doing all sorts of statistical studies and whatnot to determine if Michael s the GOAT. I mean stats that one can only call FUNDAMENTAL ANALYSIS

For Fibo its all in the "eyeballing" ..................... just one look and its clear as day.

Wilt Chamberlain, Kareem, Magic, Koby et al ................... all contenders. But not the GOAT. The distance between any of them and the GOAT is 3 planets.


That's how good my system is. And its not for sale. Its all mine. every single item in it is discovered by me by accident or intent, most often serendipitously.

 

[fibo_trader]

MJ .................... the GOAT

 

[fibo_trader]

For Sharky ............................ in a BEAR market at 2 degrees of TREND hatreds and antagonisms grow exponentially


Guaranteed your army of vigilantes will still find a way to get me banned despite the fact that no viruses are allowed in my threads. No masks, no 6-ft social distancing, no regulations. All viruses shut out. But they will still find a way. That's just the way it is.

Best part is, I'm Mr. Nobody. Just a Man, just an American who was born in the wrong century

They went after Warren Buffet (Mr. Somebody) now they are going after Peter Schiff (Mr. Somebody). The allegations will grow and grow. Jealousy stinks. Peter is not that kinda guy. I'm with Peter.

Stay alert, Sharky. We are in a BEAR at 2 degrees of TREND.

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

Peter Schiff, who predicted stock-market meltdown, readying defamation suit after report says his firm linked to money-laundering probe​

Published: Oct. 20, 2020 at 11:37 a.m. ET
By

Mark DeCambre​

24

​

EURO PACIFIC CAPITAL

• https://www.marketwatch.com/investing/stock/GOLD?mod=refsymb_mw

 

[fibo_trader]

For Sharky .......................... the BEAR started in 2008 ............... everything since has been a BEAR market rally ............ in a BEAR at 2 degrees of Trend heavy sh*t goes down.

Worldwide disease:
Cops = invading armies = Commandos ................. making tons of money from the CIVIL FORFEITURE LAWS

 

[fibo_trader]

BEAR market phenomenon in full bloom now and getting so hot hot hot its soon to go on a raging forest fire ..................

The Stock trading Casino is now the major draw in acceleration mode as jobs have dried up. They are coming into the market in droves to gamble.

Have a look at T2W, Sharky (Feedback) .................. applies to all forums ................ ET entrants have shot to the Moon. T2W = 18 newbies out of 24 total. Only 4 oldtimers online. Bull market in gambling underway. Casino boogie is getting hot, hot hot.

I said it would, Sharky but its just commonsense, no biggie, take away jobs, food and the survival instinct will throw caution to the wind as the mad dash to the Casino gets underway. When that fails, i.e. even more milk money and rent money gets lost, it will coincide with the start of the 3rd wave revolution in looting in earnest.

A Man's gotta eat.

My my my, the twists and turns are following LOGIC on the ground but anything but logic in the stock market - and this is as it should be.


Feeling hot hot hot .....................

 

[fibo_trader]

Fibo's BEAR is buggering the daylights out of the masses as food prices shoot north and out of control ................. Food Banks are overwhelmed and overwhumped.


Fibo's BEAR is hammering the daylights out of Maui, Kawai, Oahu and the Big Island. I was hoping BEAR would spare the Big Island as its my home away from home for the deserted mountains built for speeding in high meditative mode.

 

[fibo_trader]

Fibo's BEAR is for sure going to bring Fibo to his knees when he takes out and hammers Waikoloa Village on the Big Island of Hawaii. Fibo's home away from home. You see, I thought BEAR would hit KONA hard, hard, hard as that's where the numbers are. But no, he might not be satisfied with just nailing Kona to the Wall. My fav Thai restaurant in Kona has already caved in and gone gone gone.

Take out Waikaloa and Fibo is dead meat.

Take out Waimea and Fibo will go into Depression that no medication will handle. The husband and wife team brought Poke to Fibo for a feast to celebrate. I had met the girl on the plane from Oahu to Big Island. She broke the ice. Hawaiians do not like mainlanders for their aloof and rude behavior not to mention haughtiness - so later I asked her why me? Her reply, "you're a down to earth fella, no bad vibes" That was good enough for me.

Her husband works at the airport. Their family is so large its staggering, all the relatives they introduced me to. I instantly decided Big Island was to be my base (together with Thailand). In case you guys don't know, American mainlanders are known as "howlies" in Hawaii and are not tolerated well, therefore to have a Hawaiian family welcome you to their home is rare, rare rare. For me, it was the honor of honors.

Car rental place on the Island is one of the few that have convertibles in their fleet. Nailed it. Driving one of these thru' the mountains of Big Island with the top down and not giving a rat's ass about tickets from cops (the girl told me 4 family members are on the force, I would not get a ticket for speeding or anything if I just dropped her name) ............. it worked.


Thanked the Lord profusely for Big Island SERENDIPITY in spades

 

[fibo_trader]

A Fibo stat of significance

Waikiki continues to be the best and most beautiful beach EVER despite being in a tourist zone. Continues to thrill and transfix the Fibo. Once viewing, it hard to leave, I forget I'm hungry and the best part? No woman can distract me once I lock eyes on the ocean.

My fav spot? On the beach across from the Marriott. Then when hunger really gets to me, lunch at the Marriott is hard to beat