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"This is as perfect of similar conditions to 1929 as we've ever seen"
A fantastic interview here and I actually own the book he described about solar eclipses. I HIGHLY suggest this interview. ALL things are pointing to Oct 21st.

 
I just bought more short-term Puts that are OTM than I ever have before. Either way banking and markets are going to break, up or down, and soon. :eek: Feel a little better.
 
"This is as perfect of similar conditions to 1929 as we've ever seen"
A fantastic interview here and I actually own the book he described about solar eclipses. I HIGHLY suggest this interview. ALL things are pointing to Oct 21st.


Save for the fact that most of the market is expecting it.
 
I guess the break and recovery in Gold and Silver was to be expected pretty much right on the round numbers. So we rally and fail to make new highs then we test and break today's lows.
 
If Biden was smart he would offer to stop pumping the reserve if they make it a 1 million barrel cut. You seem to be giving away a critical resource for nothing.
 
I guess the break and recovery in Gold and Silver was to be expected pretty much right on the round numbers. So we rally and fail to make new highs then we test and break today's lows.

That's the pattern until their grip slips!
 
I guess the break and recovery in Gold and Silver was to be expected pretty much right on the round numbers. ...
If you look at the finviz charts on the home page, you can see just about every market today performed identically (and inversely to the dollar index).
 
Save for the fact that most of the market is expecting it.

I don't think most of the market is really expecting a crash... But this could also break upwards. I had plenty of shorted stocks and PM's but I was feeling very vulnerable to the downside possibility. So I loaded some puts on QQQ, DIA, PRU, and TLT. I feel like I have both market breaks covered now.
 
If you look at the finviz charts on the home page, you can see just about every market today performed identically (and inversely to the dollar index).

Most days yes. Not a 1 to 1 and I wouldn't expect that to last forever.
 
If Biden was smart he would offer to stop pumping the reserve if they make it a 1 million barrel cut. You seem to be giving away a critical resource for nothing.
If. I don't know how many words he would mumble at any meting even if he was allowed to talk.
 
I don't think most of the market is really expecting a crash... But this could also break upwards. I had plenty of shorted stocks and PM's but I was feeling very vulnerable to the downside possibility. So I loaded some puts on QQQ, DIA, PRU, and TLT. I feel like I have both market breaks covered now.

I think most who aren't expecting a crash and aren't bullish are just expecting a trip back down to the pre covid highs or thereabouts. SP 320-330.
 
I don't think most of the market is really expecting a crash... But this could also break upwards. I had plenty of shorted stocks and PM's but I was feeling very vulnerable to the downside possibility. So I loaded some puts on QQQ, DIA, PRU, and TLT. I feel like I have both market breaks covered now.

S&P Index puts...

Put/Call Open Interest Ratio 2.02

< 0.7 is bullish, ~ 1 is neutral, 2+ is pretty bearish. Plus every second piece of content I run across is calling for a freakin crash!

This is why I think it grinds, per Oliver's forecast... I think he has that right.
 
ASX Goldies opened ~0.5% and now ~0.5% 2 hours in. The trading is getting stronger, I'm hopeful but cautious,
 
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