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He did not really give a crash start date... In reality there is no real crash start date. You always get a decline that escalates. The chart pattern does look real similar now. The main date he gave was for the Bottom of the crash on Oct 21. It actually falls on a Saturday so Monday would also be possible. I also don't think this will be a huge crash, like 30%+, but enough to qualify.

I went and found his website and read the first chapter to the book. I attached the two most relevant Figures.


View attachment 757
View attachment 758

Trying to align that to this year so far... So the summer day was early but that fall high is dead on freaky.

Edit: Might as well add the first date
Spring Low was 29,653 on June 17th = 3rd Moon 18th Day
Summer High was 34,152 on Aug 16 = 5th Moon 25th Day
Fall High was 30,454 on Oct 5 = 7th Moon 10th Day

We are currently well beyond the 1929 set up in depth and length, 29 could pass for a correction up to the crash. Looks a bit different to that on a candle chart.
 
A) The Investable Bucket = VIX 9-18, where you can buy every damn dip and make money in SPY
B) The Chop Bucket = VIX high teens to high 20s, where you can get chopped up if you can’t fade/trade
C) The Bad Word Bucket = VIX > 30 going towards 80, where levered long dip buyers die.

VIX-M-20221010.png
 
ASX Goldies hit for a solid 4% out of the gate this AM. Will it roll on or will it seeing buying by days end? White collar suicide hour (lunch time) is always a good view into the small traders mind.

We C.
 
ASX Goldies hit for a solid 4% out of the gate this AM. Will it roll on or will it seeing buying by days end? White collar suicide hour (lunch time) is always a good view into the small traders mind.

We C.
Full moon. Bottom early this week?
 
Yeah, I got that one this AM, you have to wonder where this is going to be by mid to late winter....?!
Even if the Germans lift sanctions and that ain't gonna happen the Russians want a re on the team that investigates the pipeline sabotage.
Cold today colder tomorrow. Wonder how long the Germans will allow their leaders to do this.?
 
Even if the Germans lift sanctions and that ain't gonna happen the Russians want a re on the team that investigates the pipeline sabotage.
Cold today colder tomorrow. Wonder how long the Germans will allow their leaders to do this.?

Yeah, none of it is happening yet... maybe if they start fire bombing the leaders houses, maybe then the message will get through.

Civil unrest dead ahead.
 
We're well across the peripheral causes of this "entertainment", what's at the core of it all?
 
The French continue to baffle me.
Hell, I'm with them on the "leave NATO" bit. NATO serves no purpose today. My tax money can be used here at home. The Soviet Union boogeyman is gone.

"The North Atlantic Alliance was founded in the aftermath of the Second World War. Its purpose was to secure peace in Europe, to promote cooperation among its members and to guard their freedom – all of this in the context of countering the threat posed at the time by the Soviet Union."​
 
This has to be peak cycle of some sort...


...next we swing to silly young leaders?
 
DXY monthly for some perspective. Really it is not looking anywhere near done yet, actually looking similar to it was at these levels on it's way to 170 in the 80's. The end of the last debt cycle into the next one.... three more years? Can you handle that? Allow for it.

DXY-M-20221010.png
 
Ukraine is about to taste the full power of Russia's military might. They have shown amazing restraint in the face of the West trying to egg them on.
 
You can only push so much. NATO and the West have no taste for war if it means committing their own armies. Ukraine men yeah but they don't dare go against Russia China and India. After a taste of a Winter without heat and food shortages there will be some kind of settlement.
 
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