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

[fibo_trader]

My Bitcoin trade results: very annoying


STOP 8750 hit so I gave back a whole lotta juice to the market expecting it to go to 13k. respectable profit nevertheless. But where is my attention? Smack on the fact that I gave back 4k profit despite the fact that Bitcoin hit a perfect 61.8% retracement. So I shoulda/woulda/coulda gotten out. So even with the profit I lost out on the bet with the albanians from the other thread here at T2W. They were right, I should have exited much earlier.

extract:


Repeating my answer to thread title (post #7, 8)

Bitcoin:

I told-ed her that if my STOP (8750) is toy-ken out, then I will bow out gracefully and she can go home with any fella of her choice.

But if my STOP holds and Bitcoin shoots up like a rocket to my targets 13k to 18k then she gots to go home with the fella she came-d with - ME

Its a deal

 

[fibo_trader]

METRO BANK



ROFLMAO

https://ftalphaville.ft.com/2019/09/24/1569316020000/Another-blow-for-Metro-bank-/

 

[fibo_trader]

Uber & Lyft ............

low data series so got no History but what if with the little we have, we see an ABC up and then close to a 5-er down, could be one more subwave to finish a 5-er. Wow! wouldn't it be bloody amazing if instead of going bankrupt and getting hammered by CA soon with everyone else following suit and trashing these cats, that if they reversed and started a bull run soon?

What if? Draw trendline and play with it. Sentiment towards these cats is so negative, there must be some kind of a turn that catches the PUBIC by surprise.

DOW 30

The latest market data for all 30 stocks in the Dow Jones Industrial Average.

www.cnbc.com

Casino is open for business. Welcome to Las Vegas, where only the contrarians survive and even they get hammered every now and then. Welcome to the playground of Fibo in zones sooooooo bloody dangerous it would make a billgoat cry in terror.

We are talking about UBER

Bearishness to the nth degree, criticized by all, almost unanimous declaration it will go bankrupt esp. now that California is nailing the coffin. To exacerbate the problem there is too little DATA on the stock history as the IPO is too recent. Do I give a rat's ass? NO. I'm diving in baby. ALERT is turned on after my trendine was taken out on 1H. No trade entry yet and its also possible I might refrain from it. Who knows, but it will be posted here in real time entry or refrain.

 

[fibo_trader]

Casino is open for business. Welcome to Las Vegas, where only the contrarians survive and even they get hammered every now and then. Welcome to the playground of Fibo in zones sooooooo bloody dangerous it would make a billgoat cry in terror.

We are talking about UBER

Bearishness to the nth degree, criticized by all, almost unanimous declaration it will go bankrupt esp. now that California is nailing the coffin. To exacerbate the problem there is too little DATA on the stock history as the IPO is too recent. Do I give a rat's ass? NO. I'm diving in baby. ALERT is turned on after my trendine was taken out on 1H. No trade entry yet and its also possible I might refrain from it. Who knows, but it will be posted here in real time entry or refrain.


View attachment 268141

UBER trade preps for possible LONG entry:

Back in baby's town, she has put on a 5-subwave move on 1H thus far. Is she trying to convince Fibo that its a motive wave? Could be but I need proof. We wait for the return wave. But wtf if there is no return wave? Hahahahaha, serves me right. But I wait, no entry yet. See chart above for the clear 5 subwaves up from the low. If UBER is really going into a bull run, pls note that Fibo has beaten every mother's son who is looking for Volume signs to determine if Insiders/Smart Money are buying. alll nice to know but Waves wollop these cats with aplomb and ease, it will show up on waves first, thenn and much later, on Volume.

 

[fibo_trader]

Gold:


Small traders (T2W and ET and such) together with Large speculators are always on the wrong side of major epic junctures. they are always opposite of the Commercial Hedgers.

New_Trader can buy again at $700. Now watch the outright anger that Fibo could make such a statement - that Gold is going to $700 over the next several months and that that would be THE PLACE TO BUY BIG-TIME. Now is not the time to buy, its the time to be unloading = selling. Waiting for the next trendline if any, otherwise there ought to be fireworkds when we get to 61.8% at 1582

Slam Dunk!

Lesson for new_trader Re:Gold ............ never never never bet against Fibo when he has ascertained that a major or intermediate turn is in the works and that the Commercial hedgers are loading to the hilt with SHORTS ..... as pointed out by Fibo just 10 trading days before the turn that has cost you now $95/oz already from top to low. Knowing you, you got scared and sold a good portion of your holding then.

You stated you put me in the Monkey Cage for this. And malaguti applauded you and blamed me for bring up a 6 year old post. My statement to you, had you listened would have saved you $95/oz of your hard earned savings and investment in gold.

Never bet against Fibo. Its a losing proposition as I am upwards of 90% correct. Biggest error of my life is the bad call on SPY in first page of this thread. But generally, not a good idea to bet against fibo.

Send the bill to malaguti

NEVER BET AGAINST FIBO!!!!!

 

[fibo_trader]

side of the TURN.

GOLD is in a BEAR market RALLY


But there is also a factor here on EARTH that warns against such folly of being willy nilly LONG Gold. The commercial Hedgers are supremely SHORT GOLD. I would not bet against them

Here's the original Slam Dunk! just 10 trading days before the top my comment about the Commercial Hedgers .........................


Go against Fibo at your own peril.

 

[fibo_trader]

new_trader and malaguti,

just because you got hammered by Fibo is no reason to quit and run and hide. Come back. I can help new_trader with his position in GOLD despite the loss he is sitting on. I see he might have a way out. But he put me in his monkey cage and threw away the key, then he vanished into hiding to save face - his journal thread is dead since August 25th when he did not follow my advice and cash out his GOLD holdings. Typical to run so as to save face. Thing is, Fibo is not the enemy. He will tear a new one but is not vindictive. Come back, come to Papa Fibo, I can help you. Gold is doing some things interesting right now. We can discuss it.

Send the bill to malaguti for bad advice and encouragement. Make the losers pay. Life demands it.

From the EVER joyous winning Fibo that no mortal can trounce in a trade .............

 

[fibo_trader]

Gold:

structure for the entire rally since 2015 low is corrective. This basic-basic piece of evidence has escaped new_trader and malaguti. In real life the market will devour both in one gulp. Think about this for a second. Losses would be staggering, especially for new_trader who clearly stated all his life savings are in Gold purchases - see his journal. I believe her. Malaguti just makes things worse by providing more stupidity to the table of encouragement = misery loves company. this blindsides new_trader into thinking, "fck Fibo, I have fellows on my side, they can't be wrong" - boom! he
's dead.


But here because I slap these cats around I get expelled. I did them a favor. Education by a good whack is very often required. Don't believe me? Ask the British and Irish Christian Brothers who run the schools in 3rd world countries and smack and whack the kids who won't learn. Not allowed no more? So look at how the kids have turned out today? Dumb, stupid and incredibly arrogant. Stupidity + lack of knowledge + pride = match made in Hell. They don't wanna learn, yet want to go up against the most ferocious warrior of all - The Market. No contest. Death follows swiftly. so they come to forums to pretend and lick their wounds.

Do you fellas notice how cocksure new_trader was that Fibo was WRONG? Heck, he put fibo in a monkey cage. that's how sure he was that Fibo was wrong about the recent gold rally. Dangerous dangerous dangerous. Certainty in the markets is a very dangerous thing. The HERD is guilty of this and has been so for eons. that's why they perish at every market top and never buy the bottom. They extrapolate an extant trend to infinity. this is their undoing. They are so easy to slaughter, heck in real life I take these clowns out in under 3 seconds. But here they are in protected mode. I would send the whole lot to Iraq for a year.

Throwing life savings at risk like this is downright stupidity to the nth.

Will new_trader listen? Fck no.

Sorry Trader333, by slapping a loser trader around I save his family = greater good for the greater number of dynamics = God's formula.

 

[fibo_trader]

so what is the proper course of action for new_trader in the face of such staggering losses?

TRADE the moves in Gold. Yes just simply be a TRADER. Quit being a Buy & Holder. As you know, one segment of folks say Gold is going to 100k - the other segment is so bearish that say Gold is going to 200-1000. Both sides are idiots as they have no basis for this except emotion.

I've stated I expect Gold to go to $1,000, then 900 then finally to 700. I have a mathematical basis for this but despite this I will not just go short and sit on my hands and sleepwalk to 700 dollars. Why? Because its a bullshit trend. The real trend was from the 2000 low to the 2011 high. We have to finish the complex correction first before the dominant trend resumes. Corrections are so complex they are hard to trend surf.

So just simply trade, trade, trade - daily or on 4H or 1H. Had you done so you would be $95 ahead and more because you could be reversed and Short.

Listening to your side of the group, namely the permabulls is as dumb as it would be for me to give any credence to the permabears. both are idiots.

Trade, trade, trade the moves, take each daily timeframe wave and play it like a champ. Salt the profits away.

 

[fibo_trader]

London FTSE 100 going to lead the charge down again as it did in the Great Depression?

See for yourselves ahead of it actually happening - as it has not yet given up the ghost.

For Wavers: (1) down and (2) up, then a 1 down and 2 up and then finally a smaller degree 1 down and 2 up.

Can you dig it? BEAR's message to Fibo that he is subdividing. This means he breaks down into 1s and 2s. This means power.
The drop in wave 1 is a clear 5-er, the recovery wave a clear 3-er = a-b-c.

Bloody Hell, we could be right on the verge of devastation.

Once again what saves Fibo from hisself? The Head & Shoulder neckline is a solid stable datum. BEAR in his great wisdom always gives these topping formations to a massive locomotive as it takes time to stop such a heavy train.

Break that neckline and the Hear& Shoulder pattern triggers to give target at a minm. to distance of head minus neck projected down.

Yikes!. Hope I'm wrong.

 

[fibo_trader]

Fibo also knows that on the ground aside from charts and TA he gots to look at FA but what kind of FA? The FA that deals with the cracks in the concrete. Like the zillions of people jumping into the Gig economy (job losses), the massive job cuts all over the place, the 10k retain store closures, the fact that 40% Americans have 2 or more jobs as one alone cannot cover the bills. Homelessness skyrocketing as housing is difficult to afford ................. and more and more reasons .............. all part of the developing GREAT BEAR of epic proportions that this thread is all about.


Unemployment already above 20%. Real unemployment that is not the massaged 3.9% govt. figure.

 

[fibo_trader]

US Dollar Index: The KING.

In 2008 crash it went-ed like this: The twin Towers (USD & Yen) hammered the stock Market, but the Yen hammered the Dollar. All this Drama was going on simultaneously of course with the US Govt. sending out its best army of Goldman Sachs MBAs. Not a single one of these retards knew what was going on. They WAS-es up against a Wave C. Goodluck trying to curtail the power of such a wave. How a Wave C looks at a US Govt. official of even the highest rank? A pune, an asinine, hovine, bovine insignificant creature, no more than a bug on one's shoe tryng with quantitative easing to stem the tide of a gusher of divine power and verve.

It pays to watch the KING. This time if stock market crash gets underway, he will not be getting %$^@@%%^^ by Yen. This will be the difference. Keep eye on emerging Economy countries if KING breaks above Fibonacci resistance that Fibo is outlining here. There will be tsunamis of epic proportions in these countries as their debt is denominated in dollars and the interest payments will kill 'em quick.

Keep eye out for an education of a lifetime. Tell your granchildren this story in 2040 about how the KING was laffed at by even the Indonesian Rupiah in 2007 and then when the hocus-pocus Australian dollar joined in and laffed hard at Champ, he could take it no more and put his boots on and stomped out of the dungeon. That was March 2008. Look at him since.


But Fibo recognizes that type of WAVE. Yikes! But even such a wave gots to correct. So when will the correction come? Ouch!! Say what? The KING might correct before blasting off northbound again? He might. But how the fck will we know he is going to correct or not correct? Keep eye on the 1H chart. His footprint can be watched. See that downwave at right side of screen from 1H top? Is that a 5-er? Yeah baby, is it a 5-wave move? Because it is, then BEAR is telgraphing to Fibo that correction is on its way same as receding waters that warn of a tsunami coming.

Keep eye on this chart only. Its the ticket.

 

[fibo_trader]

key word was missing in the above post last paras ............

Is that a 5-er? Yeah baby, IF its a 5-wave move? Because IF it is, then BEAR is telegraphing to Fibo that correction is on its way same as receding waters that warn of a tsunami coming.

 

[fibo_trader]

The Duke of London (Sam) will kindly observe that as the US dollar has already hit Fibo resistance on October 1st on daily .........

momentum aka Mama-tum had a wave low on June 25/19. And dig this, Mama-tum rose thereafter and took-ed out the previous Mama wave hi and then threw yet another curveball at Fibo, namely a no-touch of 0-line as the Mama did not confirm the higher price peaks which look like an Ending diagonal Triange or hahaha, a Leading diagonal triangle. If its the former then its correction imminent, if the latter then breakout higher imminent.

But which is it? I don't reliably know. That's why I've dropped to 1H for clues. do I have any clues? Not a goddamn one. Its like being a one-legged man in a butt kicking contest

 

[fibo_trader]

Iceland? Remember this fox? I speak fluent Swedish, lived there, know it intimately. Swedish girls, yeah dig it baby. Icelandic, Norwegian, Danish all the friggin same, only finnish is different. All p****y Havens one after another. All going broke. Remember all the Brits who got buggered left and right in Iceland?

From this came the Axiom: What is the Capital of Iceland? Five Bucks.

Its coming again baby in Wave C down.

Hide and watch

Fasten seatbelts for Wave C down. Go get that hot spring bath now. Then hide and watch. Brits are in there again, at it again?

 

[fibo_trader]

When the markets collapse, the short sellers are licking their chops, but not FIBO. We will never get paid. they will confiscate every penny and tie up the exchanges and fck it up real good. Its a nightmare, that's why I've been spending like there's no tomorrow giving it away to be enjoyed NOW by many. I would love to be broke to the bone when the CRASH gets underway in earnest rather than have thes mothers just simply take it all without my consent.

To Hell with that.

My worst fears about the safety of my accounts is happening now and we ain't even yet got into the 3rd wave down in the dow Jones. The brokers are going broke. Their name implies "broke" but previously it was to make their clients broke (just observe the marina wherein there are no client yachts, only those that belong to brokers). But now they thesselves are going broke.

TD Ameritrade is best example of a 3rd wave that has begun ................ yikes!


weekly chart TD Ameritrade

 

[fibo_trader]

Duke of London will revel in the fruit or rotten fruit that a Wave C brings to the table. Surely the duke remembers the sentiment that is inherent in a C-wave. See below, then finally behold the C-wave in GE stock.

BEAR cracks in the concrete continued ..................... GE the oldtimer booted from the Dow Jones 30. Been in there since 1896 and 1907

General Electric gets booted from the Dow

It was an original member of the index in 1896.

money.cnn.com

GE freezing pensions for 20,000 employees

General Electric Co. said Monday it is freezing pensions for about 20,000 U.S. employees with salaried benefits, as part of its plan to reduce its pension...

www.marketwatch.com

monthly

 

[fibo_trader]

Boeing: the lies they told were astonishing. Their reign is over. Bull market icons get slaughtered in a BEAR. Their deceit will cripple them more.

Go to thread title same as here under my name, fibo_trader, go to page 46 and there you will see my recent call on Boeing made on March 27, 2019 ...........................

"when a juicy big red bar punches a big hole in the 200-day ema it will be the start of Boeing's waterfall decline"

Happening today, May 7, 2019. But the 200-day has elasticity, no? It sure does. So at least a bounce? One would think so. But only if this is not a 3rd wave decline.

Hide & watch. This prince is heavily weighted in the Dow.

SLAM DUNK!

Boeing deliveries are down 70% from this time last year

Boeing did say however that it booked the first order for a Max since April.

www.marketwatch.com

 

[fibo_trader]

Done!



Boeing honors Fibo's trendline with aplomb - like he should. And look, he do-ed it again NOW. And behold, HE reversed at Fibo's 261.8% on the button.




View attachment 262963

SLAM DUNK!


But wait. That was way back in May. Can you friggin imagine how The Great Boeing after 10000000s of years of bull market sheer vertical rise that nobody could fault or touch, so great was its power and esteem, was brought down to EARTH by Mr Nobody, a handsome cat named Fibo, a solo operator who all crowds hate with a passion? Can you dig this? Can you dig Fibo's application of the Golden Ratio, yeah that one, that is to be found even in the Pyramids, nailed Boeing at 261.8%.

But wait. There's more. See my mention of the 200-day ema and the trendline. Boeing just cannae get enough of hugging and kissing my 2 lines in the sand. Isn't that bloody amazing? What's propping Boeing up? Why of course its the impeccable timing of the DONALD TRUMP who knows when to make the next +ve comment about China/USA to lift markets again.


But that juice gots to fizzle out sooner or later.

 

[fibo_trader]

Boeing:

On Page 7, ET poster named Overnight, a long standing ET member said this to me, "then buy Boeing now because a couple crashed planes ain't going to kill the company!! Buy Boeing Now! NOW! NOW!.


See my reply on same page, a long one but summarized here into concept form ......................

Warren Buffet/Bernard Baruch/Plato/Cicero/Xenu said or hinted ............ when there is blood in the street, buy - when there is euphoria sell.

Therefore as per the theorem, SELLLLLLL. But when to sell? Euphoria can get more euphoric as in parabolic, hahaha.

Answer: Fibonacci 161.8% or 261.8% or 423.6%.

You then do NOT look to get back in. The odds strongly favor a violent rape of the instrument by the implant that resides in BEAR.

Go monthly put Fibo grid on 1987 low at 7.47 and 61.8% on 6/1/07 top. No reaction at 161.8% but kiboom at 261.8%. One would be waiting pay-shuntly for this this as it is the only viable option remaining after 161.8% was surpassed. Then note the juicy red bars. Hahahahaha.

Heresy at ET. I got shot for stuff like this, hated intensely. May be here too, I'll get slaughtered, hahahaha. One fellow from Orthello (Australia) named TheMickey who actually liked me, was so shocked by this nonsense that he mocked me with Messiah.


He ain't laffing no more.

SLAM DUNK!!



Do you see what I have to live with? High Ignorance at both forums. And dig this, who has to pay the price for the ignorance of these people? Why of course its FIBO. BANNED!

They ain't laffing now. Tore THEMickey from Oz a new one with a sneaked in PM. Don't think he's slept since. Wasn't just Boeing - hammered on even Euro consistently. The only leg he had to stand on was my bad too early call on SPY short. But when I cashed out into profit, I tore him a new one on that too.

Jeez, a whole lotta $%#@@&* going on at ET