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OVERTIME AND OVERPRICED - SUDDEN DEATH


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#1 SemiBizz

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Posted 13 December 2017 - 11:42 AM

The View today from 40,000 ft

 

Folks, this commodity market is telling us a completely different story than the stock market...

 

WW Economy is starting to roll over...

 

REMEMBER - Every Republican President presides over a recession in the first term....

 

The airplane I am on today has just 6 seats out of 16 filled in F.C.

 

I looked in the back, looks like about 30 there

 

Empty airplane...

 

Checked later flights, same story, no bookings.


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#2 SemiBizz

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Posted 13 December 2017 - 11:45 AM

We are in a cycle turn period here mid-December...

I doubt we're going to make it to the next big window in March...

I think it's going to be SUDDEN DEATH

So WATCH OUT....


Price and Volume Forensics Specialist

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Volume is the only vote that matters... the ultimate sentiment poll.

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#3 alexnewbee

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Posted 13 December 2017 - 11:47 AM

Yes, but first DaBoyz will get their bonuses :)
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#4 SemiBizz

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Posted 13 December 2017 - 12:18 PM

Year end cutoff date for their Boguses has already passed...


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/tradingcoach1

#5 melonseed

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Posted 13 December 2017 - 01:15 PM

I am not surprised for a pull back. But stock prices hardly relate to the real economy. Company's shares rise on retrenchment. More poor people doesn't mean stock prices will fall. 


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#6 redfoliage2

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Posted 13 December 2017 - 03:35 PM

After this OPEX week we should see a pause and I will be shorting big after the tax bill is signed by the President later in the month.


Edited by redfoliage2, 13 December 2017 - 03:37 PM.


#7 q4wer

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Posted 13 December 2017 - 10:11 PM

Tax bill must be put off to keep the market going up

#8 OEXCHAOS

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Posted 14 December 2017 - 12:06 AM

The roads are PACKED with trucks right now. PACKED. At least in the midwest, things aren't slowing down.


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#9 opinionated

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Posted 14 December 2017 - 12:15 AM

I think your very right Tom... 

 

I was just pondering the same things.  Fed hike and say expect 3 next years?  Hmmmm Think about that and not adding to budget sheet anymore but actually cutting it back...  It "IS" a time to always keep protection in front of major decisions.  I do believe they are going to shove the Tax Bill through though.  Quicker than I first thoughts....  And That, and the blockchain euphoria is keeping everyones minds off of what is happening in the shadows.  Believe Da'Boyz are watching very closely!! 

 

We may go another 100 spx points here no doubt....  But the smart,... O'l times have one eye on the door to be sure.

 

On a side not I was going to start building a gold position, but luckily I held off coming into December.  I am thinking the Shiny stuff will bottom just after Santa slips by.  You?

 

O

 

"Keith"



#10 opinionated

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Posted 14 December 2017 - 12:17 AM

Yes Mark,

 

And Real estate is starting to explode as well! Typical cycle.... Interest rates are making the swing as well.

 

When the spending is at it's peak... the turn will be upon us...