Putting things into perspective. It's a question of when and not if......

[SOL]

I'm still learning but today seemed like a bit of a bull/bottoming type of signal. A higher low.
NDX 52wk low on Friday was 11,492
Low today was 11,576
Am I correct?

On the daily and weekly charts, we have positive divergences. Initially, lower lows with our modified TA indicators putting in higher highs. Higher lows are best when they occur weekly and or monthly. Having said that, TA is not particularly useful on its own for timing bottoming and topping action; it used to be very useful, but the manipulation factor is now too powerful and that's because these guys have incredibly large war chests today. I suspect it hit the critical point after COVID.

TA is suitable for fine-tuning entry.

What I can say with strong confidence is that these players will reverse things so fast, that those that jumped out will not have time to react for it will look like a bull trap until it's not.

[Budge]

I'm still learning but today seemed like a bit of a bull/bottoming type of signal. A higher low.
NDX 52wk low on Friday was 11,492
Low today was 11,576
Am I correct?

On the daily and weekly charts, we have positive divergences. Initially, lower lows with our modified TA indicators putting in higher highs. Higher lows are best when they occur weekly and or monthly. Having said that, TA is not particularly useful on its own for timing bottoming and topping action; it used to be very useful, but the manipulation factor is now too powerful and that's because these guys have incredibly large war chests today. I suspect it hit the critical point after COVID.

TA is suitable for fine-tuning entry.

What I can say with strong confidence is that these players will reverse things so fast, that those that jumped out will not have time to react for it will look like a bull trap until it's not.

From my TA view:



If I look at NDX's quarterly and monthly the MACD is still rolling over. Q's first support 10,000, M's support the lower Bollinger that I have about 11,100. On the weekly and daily, the ADX is still headed higher (especially on the weekly) meaning the NDX price will not be contained by that lower Bollinger Band. It might rise on the daily but hit resistance in the low 12s.

[Yodean]

If I look at NDX's quarterly and monthly the MACD is still rolling over. Q's first support 10,000, M's support the lower Bollinger that I have about 11,100. On the weekly and daily, the ADX is still headed higher (especially on the weekly) meaning the NDX price will not be contained by that lower Bollinger Band. It might rise on the daily but hit resistance in the low 12s.

Excellent, high quality TA. However, methinks the dude below wrecks all TA, no matter how good:

[MarkD]

I have been following this individual for a while and he does a monthly on inflation. He is a big believer in helicopter money btw. Not sure if he is correct in that regard but it does seem to follow Sol's belief that big money printing is coming.

https://youtu.be/BT3Zn8HKDrI

[AstuteShift]

The masses are getting slaughtered and it’s lovely music to my ears.

Without QE, this market would’ve crashed long ago. When you know the game then it becomes easy to strategize especially when the trend is up

[SOL]

The masses are getting slaughtered and it’s lovely music to my ears.

Without QE, this market would’ve crashed long ago. When you know the game then it becomes easy to strategize especially when the trend is up

For lack of better words, this is a real man's and a real women's market. The weak of mind are going to get slaughtered and the strong of mind will make a fortune. Let's see what all the weak hands have to say 12 and 24 months from today

Nobody understands one simple fact, inflation is not as bad as you think it is, if you are astute you can use it to your advantage as the big players do. The reason your house is rising in value is because of inflation otherwise it would drop like a rock and it's inflating at a pace that is faster than regular inflation. The idea is to stay above the regular rate of inflation and the stock market is one of the best methods albeit long term to beat inflation

[Triplethought]

I have been following this individual for a while and he does a monthly on inflation. He is a big believer in helicopter money btw. Not sure if he is correct in that regard but it does seem to follow Sol's belief that big money printing is coming.

I don't know about this, he casually insults people who are saying inflation is on the rise (saying they are screeching) while looking at 10 year averages and saying "nothing to see here quite yet". You can average anything over 10 years and smooth the curve. That does NOT eliminate the fact that by looking at short term data you understand where things are heading on a more immediate basis. In fact averaging inflation over 10 years tends to HIDE the trend as it takes a lot to move the 10 year needle.

I'm looking to buy a business and am certainly averaging profit over the last 3 years to arrive at a purchase price. But I'm keenly interested in the last 3-4 months because in that time frame employees can quit, customers can leave, business can turn down. If I see business is UP in the last 3-4 months I'm willing to pay more for the business. If down, I'll pay less. He'd have to explain to me further why looking at a 10 year average makes ANY sense when trying to predict the more immediate future.

[Triplethought]

The masses are getting slaughtered and it’s lovely music to my ears.

Without QE, this market would’ve crashed long ago. When you know the game then it becomes easy to strategize especially when the trend is up

But the short term trend is not necessarily up. Sure looking at S&P index pver tjos week it's up. Maybe next week that will continue but I think probably not. At any rate looking at the 5 months this year (since January 2022) the trend over 5 months has been decidedly down. So the question becomes over what time frame is the trend up? "Eventually" is probably a given but that's not real helpful.

Unless you bailed out of a bunch of TI plays that I kept (because they didn't hit exit points and I'm following the advice of the team) your portfolio has to be down 15%-20% from a year ago Nest Pas?

[AstuteShift]

The masses are getting slaughtered and it’s lovely music to my ears.

Without QE, this market would’ve crashed long ago. When you know the game then it becomes easy to strategize especially when the trend is up

But the short term trend is not necessarily up. Sure looking at S&P index pver tjos week it's up. Maybe next week that will continue but I think probably not. At any rate looking at the 5 months this year (since January 2022) the trend over 5 months has been decidedly down. So the question becomes over what time frame is the trend up? "Eventually" is probably a given but that's not real helpful.

Unless you bailed out of a bunch of TI plays that I kept (because they didn't hit exit points and I'm following the advice of the team) your portfolio has to be down 15%-20% from a year ago Nest Pas?

I don’t expect to beat the market every year, that’s a fools wish. 2020 gains quadrupled my portfolio, 2021 was slightly below market average and this year I’m down 10 percent

I’m okay with that, big gains come to those who love the pain when lady opportunity comes, I don’t invest for one year but for the long haul.

Sure, I can probably beat the market every year if I put in more work but leads to more stress. I like to enjoy my prime and not waste my time anymore.

Money is no longer my master, instead it’s my little bitch.

Adapt or Die, no middle ground. These guys in the shadows manipulate everything and make things seem hard when they’re not.

SOL provides legendary gems to those who really take time to learn and implement. Fly like an eagle instead of burying your head like a chicken.

When he tells us big boy traders are running scared, I start to get even more excited. I’m like a berserker when I smell blood

[bpcw]

The masses are getting slaughtered and it’s lovely music to my ears.

Without QE, this market would’ve crashed long ago. When you know the game then it becomes easy to strategize especially when the trend is up

But the short term trend is not necessarily up. Sure looking at S&P index pver tjos week it's up. Maybe next week that will continue but I think probably not. At any rate looking at the 5 months this year (since January 2022) the trend over 5 months has been decidedly down. So the question becomes over what time frame is the trend up? "Eventually" is probably a given but that's not real helpful.

Unless you bailed out of a bunch of TI plays that I kept (because they didn't hit exit points and I'm following the advice of the team) your portfolio has to be down 15%-20% from a year ago Nest Pas?

I don’t expect to beat the market every year, that’s a fools wish. 2020 gains quadrupled my portfolio, 2021 was slightly below market average and this year I’m down 10 percent

I’m okay with that, big gains come to those who love the pain when lady opportunity comes, I don’t invest for one year but for the long haul.

Sure, I can probably beat the market every year if I put in more work but leads to more stress. I like to enjoy my prime and not waste my time anymore.

Money is no longer my master, instead it’s my little bitch.

Adapt or Die, no middle ground. These guys in the shadows manipulate everything and make things seem hard when they’re not.

SOL provides legendary gems to those who really take time to learn and implement. Fly like an eagle instead of burying your head like a chicken.

When he tells us big boy traders are running scared, I start to get even more excited. I’m like a berserker when I smell blood

Great advice AstuteShift, your patience is incredible!

[SOL]

But the short term trend is not necessarily up. Sure looking at S&P index pver tjos week it's up. Maybe next week that will continue but I think probably not. At any rate looking at the 5 months this year (since January 2022) the trend over 5 months has been decidedly down. So the question becomes over what time frame is the trend up? "Eventually" is probably a given but that's not real helpful.

Unless you bailed out of a bunch of TI plays that I kept (because they didn't hit exit points and I'm following the advice of the team) your portfolio has to be down 15%-20% from a year ago Nest Pas?

I don’t expect to beat the market every year, that’s a fools wish. 2020 gains quadrupled my portfolio, 2021 was slightly below market average and this year I’m down 10 percent

I’m okay with that, big gains come to those who love the pain when lady opportunity comes, I don’t invest for one year but for the long haul.

Sure, I can probably beat the market every year if I put in more work but leads to more stress. I like to enjoy my prime and not waste my time anymore.

Money is no longer my master, instead it’s my little bitch.

Adapt or Die, no middle ground. These guys in the shadows manipulate everything and make things seem hard when they’re not.

SOL provides legendary gems to those who really take time to learn and implement. Fly like an eagle instead of burying your head like a chicken.

When he tells us big boy traders are running scared, I start to get even more excited. I’m like a berserker when I smell blood

Great advice AstuteShift, your patience is incredible!

Miserable Humans seem to have endless patience when it comes to dealing with their demise. From the onset of their birth, they are in a perpetual bear market regarding life cycles (in this case their own life cycle) and it gets worse for most around middle age as they let themselves rot away. In most cases lying to themselves that money was more important than wealth and when the wealth came they would focus on the health factor. However, the most miserable person clings on to life; they won't throw the towel in. Yet the healthiest of individuals are the first to throw the Towel in when the market pulls back strongly or experiences an illusionary crash (because that is what it is as it does not last forever).

Markets always trend upwards so pullbacks are momentary, but healthy minds and bodies give up and bailout. Life is downhill; a bear market that for now no one has the power to stop, yet humans will fight and scavenge to gain a few more morsels of time, but they refuse to look at the bright side of stock market correction. A clear illustration that 90% are afflicted with a secret desire to lose syndrome

[Yodean]

*****

We may be in a similar period as the '98 - '00 period, as far as tech is concerned.

Time to party on! Make sure to buy the right dips ...

[SOL]

*****

We may be in a similar period as the '98 - '00 period, as far as tech is concerned.

Time to party on! Make sure to buy the right dips ...

1973 to 1974 timeline is more apt. There was no energy crisis situation or war or dodo with his den of doorknobs masquerading as government agents at that time

Likely outcome; A strong but very choppy rally until Sept/Oct; the indices put in lower highs. It's sort of the market of chaos and market of lunacy combined. Over three days GOOGL gains 500 points and tomorrow it sheds 400, its u 100 but people will focus on the 400. It then maybe moves close to 2700 to 3300 ranges by Oct and then the rollover begins. When the dust settles GOOGL is trading around 900 to 1200. Then the real Super Bad Father of Bull Runs starts

[Yodean]

[SOL]

In this instance, i think most red bloods will opt for the actual inflation. However I am more of a leg man lol