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

[fibo_trader]

Thread title has already surpassed the GREAT DEPRESSION of 1929 and we have only completed one wave down. Yikes!!!

The action by the governments to pass a moratorium on rents and mortgages is specacular in that it will curb the bull market in Homelessness. State of California scores high marks regardless speed, at least they are on the ball.

Average fellas, almost 50% of the country is no more than 3 weeks away from semi homelessness - throw in an extra 3 weeks and they are homeless. Disaster!!!

 

[fibo_trader]

When the sh*t hits the fan what is the only thing that works?

The SAFE HAVEN

CASH ............. all Cash .......... but USD is King.

What about Gold and Silver? USD will plug 'em both and shock the daylights out of all proctologists who will now learn about orifices that they never knew existed.

 

[fibo_trader]

Real Estate, Art, Stamps, Coins, exotic cars, fancy stuff like clothes, jewelry and whatnot ................... will be charging toward ZERO at breakneck speed.

Deflation = complete drying up of DEMAND

Dig it, baby

Only the mofos will survive and every single one of said mofos will be loaded to the hlt with

C A S H

 

[fibo_trader]

Fibo riding the GREAT BEAR on horse named Champ. He be a desert horse with reserves of power and thrust that ain't never been tapped.

The shysters tried to ban him (see blood on the foot) ... 2:33 and the setback at 3:00 as in pages 1-6 of this thread with the short on SPY. Then the rest of the race began

Yeah, I reckon so!

 

[fibo_trader]

The Chinks & Ruskies have surely spotted the weakness of the mighty United States by starting a new category of warfare - its now a no contest contest. The chinks have the upper hand. No conventional warfare regarding Taiwan or the artificial islands or any such. All they gots to do is gernerate the virus and export by the waves of chinks traveling.

boom! Its a new type of war.

Wake up Donald. They found our weakness. We gots to act fast. They are killing our Economy by their known deep understaninding of how paranoid we are. Its our own paranoia that is the fuel for their winning.

I do NOT relish the idea of eating Fly Lice for the rest of my life.

But we are a resilient lot - we can find the answer and solve it - divert large funds to the arena of this type of warfare including Cyber ..................

 

[fibo_trader]

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Big Joe is way ahead of all these cats. The Latino community don't give a rat's ass about any of this sh*t. I speak their lingo including slang. They welcome big Joe and keep all sorts of stuff for me. Wine, beer, Tequila and whatnot, Big Joe gots it all.

Dig this! Mescal from the Hourse of Mescal in Oaxaca. Yeah, Big Joe gots that too.

Tortillas, Albondigas, Wet Burritios, Carne Asada, Tacos Al Pastor? They cook it at hoem and bring to Big Joe. Some of the best Salso Picante I've ever had - Acapulco was the reigning champ but nowadays the campesinos are rising to the heights of finesse in this arena. Big Joe is a recipient of this largesse by virtue of being welocmed by their community for past involvements as a friend and by the massive tips the delivery girls receive


Fish Tacos Ensenda style was recently sent over by the case load and prepared for my guests on the spot overlooking the ocean. the 6 ft social distancing rule? Yawn! Cost of food? $X. Tip $1k. the Mexican girls are in hog Heaven dealing the good stuff to Big Joe.


God help me, I'm having the time of my Life.

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[fibo_trader]

Trader333 vamos a bailar Merengue

 

[fibo_trader]

BEAR can never stop MERENGUE

 

[fibo_trader]

For historians only ................................ the timeline

January 26th, 2018 = actual worldwide TOP in aggregate as per Global Dow Jones

Crash into Christmas December lows = telegraphed the violation of Dow Theory = Bull mortally wounded = death soon

February 2020 = Bull from March 6, 2009 goes into convulsions and starts to die

cusp of April 1, 2020 = Death has not yet occurred. If the recent lows are taken out, DEATH is guaranteed.

 

[fibo_trader]

For historians only ................................ the lesson of lessons, might not come for another 100 years so learn it well

99.99% of T2W consider Fundamental Analysis the driver and Technical A (Prices) taking a back seat.

If this is true, then THEY are guaranteed to die at every single Top, which they have, including this current one and all tops to come.

Meaning what? The fundamentals in January 2018 and into 2020 were top-notch, unemployment lowest ever, jobs galore, super high investor confidence measure by many different methods but the most important one, the Conference board. People were happy, not fearful and companies wer producing good.

Therefore one should buy buy buy as the fundamentals are superb

Boom! DEATH came. Why? Because FORUMS ALWAYS GET IT WRONG AT MAJOR TURNS BECAUSE THEY ARE HERDERS



Only Technical obseervations of Price can catch the turns. Sentiment of the estupidos (HERD) when excessive and complacent to the nth is OUR MOST POWERFUL WEAPON


Forums without exception see below: how often do they do this? every damn year = forever. Dod they ever learn anything? No. Same mistakes are repeated.

 

[fibo_trader]

For historians only ................................ the timeline

January 26th, 2018 = actual worldwide TOP in aggregate as per Global Dow Jones

Crash into Christmas December lows = telegraphed the violation of Dow Theory = Bull mortally wounded = death soon

February 2020 = Bull from March 6, 2009 goes into convulsions and starts to die

cusp of April 1, 2020 = Death has not yet occurred. If the recent lows are taken out, DEATH is guaranteed.

The End is coming soon ................

 

[fibo_trader]

For historians only ................... dig this



This forum and others go on and on about how they time trading operations with Fundamental Anal-ysis

For example, last week’s first-time weekly jobless claims figure soared past the previous record to top 3 million, yet markets rallied on the day, Fibo observed and

Markets when going down, gold hardly moves, but when markets go up, gold goes with them but sometimes does not. Use this to time trading?

Boeing was a darling all the way, not a single analyst downgrade all strong buys - look what happened. Using FA to time Boeing investment/trading should have killed all.

100s and 100s of examples but THE HERD never changes its tune - been going on for eons

 

[fibo_trader]

For historians only ............... noticed the News for several days that China's Corona

cases have taken a hiatus and the occurrence is in decline?

Now dig this, historians - that is a f***in Wave 2 recovery wave. If fibo is correct in this assessment, China will have a resurgence in cases soon for Wave 3. makes sense to me but hey, wtf do I know!!!!!


Remember this dear historians ............. if there is nobody to kill and destroy then the prupose of Wave 3 in a BEAR is worthless, i.e. meanigless in the context of BEAR which implies desstruction as its basic premise. Therefore for there to be a highly rocket type successful Wave 3, the dumbphucks must be enticed back into the markets - and this is done in Wave 2, a recovery wave that exudes the supreme bullish atmosphere of the previous bullmarket. So the sh*theads wildbeest come back in in greed and lust to party

Then Wave 3 begins and the destruction is severe. In the 3rd of 3rd, all forums will go, "God help us, there is no place to escape to as they see going to stamps, gold, silver, coins, cars, whatnot there is no escape - the FIRESALE is underway passionately

The only SAFE HAVEN is the USD but the Brits won't go there becaue its American and defo not because Fibo's there

 

[fibo_trader]

For historians only ...............


Go back to the 2008 crash and find the 3rd of 3rd wave of BEAR. Then search for the News of that time (days, weeks duration) ................. youwill most likely find FED charman Ben Bernake drinking hisself silly as he is just shocked tosee such ferocious power. Well amigos, that is the kind of stuff you find in a 3rd of 3rd.

When it begins stateside in this current BEAR I will let you know so you can just gawk in awe at the sheer power and verve.

My expectation is Richter Scale 14.

DO NOT WATCH ................... very offensive to bishops and priests of T2W. Banning requests begin in 5 seconds

 

[fibo_trader]

For historians only ...................... the buy-the-dip mentality will be killed in the 3rd of 3rd wave


This means for now you will keep hearing about how smart it is to buy the dips as you did in 2008. This is a well-known disease of the HERD. There is only one known cure ....... the 3rd of 3rd. That's exactly what happened in 2008. Now in 2020 it will be the same thing

10 million traders died in 2008 in the 3rd of 3rd (injured before the 3rd of 3rd but then killed by it, definitively) ............ the financial near-death experiences of the world taken as a whole regardless trading/investing - exceeded WW2 deaths.

The BEAR of Jan 26, 2018 will leave those numbers in the dust by hitting into the billions of near-deaths

 

[fibo_trader]

For historians only ...................... the buy-the-dip mentality will be killed in the 3rd of 3rd wave




The trader financial death distrution curve for Europe is shown below ............. it will be exactly this same distribution for the BEAR of 2018. Death in the UK will be the leader.

History repeats

 

[fibo_trader]

For historians only ..................... reminder: the End is coming soon


You will note that The Fear/Terror gauge (Vix) has penetrated FIBO's EMPIRE BUSTING LINE ............. and then closed for the month just under it. that action was for month of March 2019. April has now begun. It stands to reason that Vix will make a shove to bust thru' this red downtrend Empire Busting Line - soon.

If it does bust thru' .............. the END has begun ............ because it wll be a 3rd wave ............ but not yet the 3rd of 3rd .......... for the 3rd of 3rd we have to wait a while longer, perhaps a few weeks more. But if we break this line we ar for sure in the 1st of 3rd wave ascent to levels of Terror that would make a billygoat puke

 

[fibo_trader]

For historians only ..................... reminder: the End is coming soon


Historians,

Just for fun take a look at the bars on the Macd histogram. do you see the hard on that Vix has on monthly?

Yikes!

One thing that hardly anybody knows except for perhaps Robert Prechter and even that's doubtful is that the HERD's footprints can be clearly seen on the chart in Log scale and that is what you are seeing on a Price chart. Their collective thought is what is seen on the chart - that is why fundamental analysis can never match this huge advantage to TA. Everybody knows , or let's hope the duffers actually realize this about life in general that you cannot go from A to B without first deciding to go there. The thought comes first ........... same with the unconscious mind, the thoughts therein impinge on the physical universe and bring about effects. But the CAUSE is the MIND .......... which is far senior to the material universe.

This then is yet another way to look at why TA (Price Action) always puts a finger in FA's bum and make it howl. No contest.

A logarithmic trendline on the monthly time frame is the equivalent of many Hiroshima bombs, many, many many - when broken the damage in the Financial realm is worse than WAR.

Ignore the break of a monthly trendline at one's own peril - done by the puerile every damnn day

 

[fibo_trader]

These mortgage borrowers will be ‘the first canary in the coal mine’ for a coronavirus-fueled foreclosure crisis, regulator says
64
Published: April 1, 2020 at 1:31 p.m. ET

These mortgage borrowers will be ‘the first canary in the coal mine’ for a coronavirus-fueled foreclosure crisis, regulator says

Federal Housing Finance Agency Director Mark Calabria told CNBC that ‘it is certainly possible’ the number of delinquencies caused by the coronavirus...

www.marketwatch.com

No baby, Coronoa virus is only part of 1st wave onslaught. Foreclosure crisis, though ready to ignite can still be delayed by the moratorium. But in the next stage we will blow past the moratorium and go for the govt. that dished out for free the moratorium

then the battle of significance truly begins

Hide and watch

 

[fibo_trader]

These Real Estate Stocks Are Getting Hammered Because No One Knows Who Can Pay the Rent
Last Updated: April 1, 2020 at 1:26 p.m. ETFirst Published: April 1, 2020 at 11:34 a.m. ET