Restriction means expansion. Smaller cars save gas. Smaller closets restrict spending on clothes. Fewer toys and amusement means kids have to confront boredom with imagination. The discipline of having to fight for credit improves fiscal and business discipline everywhere, public and private. It’s logical and natural. The west has forgotten.
Adjust for expected real yields, credit quality of the secular bear market in treasuries and risk off heuristics work again. Crashing bond valuations make for high risk environment. Cheers!
Buy and hold is only better because the generalist doesn’t track their security/strategy level P&L. There is no real sense of time and equilibrium price.
If you don’t keep track of the trim/accumulations @DonDurrett is 100% right. You’ll sell shares and not reenter. If you do you can torque/ratio additional 2-3x. It requires much more risk management work and discipline. Acquiring swing trading skills and price alerts are accessible. Dollar cost tracking software is not. Why I wrote my own.
We’re not on the bottom until we get lower correlation with “risk-on”, higher volume and momentum divergence. DMA looks reasonable. Short term Volatility is backwardated relative to betas along the miners (juniors more stable that metal). This suggests institutions driving vol. It won’t likely be too long. But bottom picking is folly. Are you going to actually trade that price?
@SilverChartist I love this trade to swap for income (largely South African sov debt). you stay in the short dollar game and the fund is even 1% $PLG. Increase income. Lower volatility. Stay short dollars. #PLATINUM $TEI
Darkest Hour just before the dawn Don.
@DonDurrett
The third sell off we predicted is well advanced.
Whilst an AI induced DDE, may drag us lower first. There is also a small potential chance it is close to its last localised low.
See where the others were.
Long term, this falling wedge will likely finalise as a continuation pattern OBP [Upside].
#Silver
Precious metals are approaching a major buying window. The biggest long-term gains come from buying when sentiment is washed out and the charts look worst. That's the lowest risk. But you must know what you're buying and its real value.
Textbook Cypher harmonic pattern that projects swing reversal level near 200DMA $XAG $Silver. $AG $SI1! This is 78-80% reversal predictor. Solid pattern. Backtest’s at 90% on the daily, 75% on 1hr for this chart. Note that the pattern is relevant so long as the previous lows are held ($64). Rules: https://t.co/A5pcMKggvo
What would be helpful is if everyone would believe me 10 years before the unthinkable thing happens instead of calling me a crazy conspiracy theorist.
This is the reason that the West has been pulled through ideological battlefields over the past 20 years: setting us against one another so we would not have the sense enough to stand up against the TESCREAL cult that has integrated itself within our governmental and corporate communities.
It is the idol of idol building, the Hermetic/Gnostic vision made "real", and the end of humanity if we don't step up against this insane Sci-Fi cult immediately.
So, instead of giving Sam Altman the podium to announce his plans, consider committing Mr. Altman, Andreessen, Thiel and the others pushing the TechBro cultish dreams to a lunatic asylum.