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Don't look for GS to Save Bull Market

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#1 SemiBizz

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Posted 17 September 2018 - 09:29 AM

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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.

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#2 diogenes227

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Posted 17 September 2018 - 10:12 AM

First the housing stocks died...

 

 

Then the banks died...

 

 

Then the bull....

 


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#3 SemiBizz

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Posted 17 September 2018 - 10:20 AM

The Return OF your investment, not ON...

 

$BKX failed to test all time high...

 

All we needed to know really...

 

And it's just hanging on waiting for a European "Hank Paulsen" moment...

 

4 pivot exercise from here at 107 down to 19.


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/VolumeDynamics  http://parler.com/Volumedynamics

#4 OEXCHAOS

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Posted 17 September 2018 - 06:14 PM

Financial Commercial Paper is showing zero systemic concern. I think it'll show there before you need to worry about return OF principle... 

 

M


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#5 SemiBizz

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Posted 17 September 2018 - 07:54 PM

History doesn't repeat, but it often rhymes....

 

There's a lot about the structure of global finance that has changed since 2008...

 

For example...

 

Where's LIBOR?


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/VolumeDynamics  http://parler.com/Volumedynamics

#6 da_cheif

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Posted 18 September 2018 - 07:52 AM

History doesn't repeat, but it often rhymes....

 

There's a lot about the structure of global finance that has changed since 2008...

 

For example...

 

Where's LIBOR?

u allways worry to much.....but thanks.....675ono



#7 da_cheif

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Posted 18 September 2018 - 07:55 AM

The Return OF your investment, not ON...

 

$BKX failed to test all time high...

 

All we needed to know really...

 

And it's just hanging on waiting for a European "Hank Paulsen" moment...

 

4 pivot exercise from here at 107 down to 19.

stand back....bkx looks ok to me ...rising bottoms......

https://stockcharts....r=1537275204500



#8 OEXCHAOS

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Posted 18 September 2018 - 12:51 PM

Take a peek at the chart. I'm not saying that we can't winnow a lot of signal out of just price and volume action, but is it realistic to assume that we're going to know more about the financial industry than the people who loan tons of cash to them for a pittance?

CPFinancialOnly9-14-18.gif  


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#9 SemiBizz

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Posted 18 September 2018 - 01:00 PM

Our problem is not liquidity, it is a surplus of debt-created liquidity...

 

So much that the liquidity ends up being pumped into the market like huge fire hoses of cash from central bankers and institutional players...

 

If you are looking at liquidity, that is one thing.

 

Solvency is entirely another...

 

We've more than proven we can have liquidity without solvency...no question about it... but

 

Whenever the solvency problem does get addressed, it cuts off liquidity entirely, not just a little at a time...

 

Bank and credit cards fail that worked yesterday...

 

Rising interest rates cut off liquidity, and force solvency.


Edited by SemiBizz, 18 September 2018 - 01:01 PM.

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/VolumeDynamics  http://parler.com/Volumedynamics

#10 SemiBizz

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Posted 18 September 2018 - 01:04 PM

And a market crash will dry up liquidity entirely... across the board...

 

There's a liquidation sale in progress, some see it, some don't.

 

I see it.


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/VolumeDynamics  http://parler.com/Volumedynamics