The Invisible Man

Channeling my inner Beekeeper… to bee or not to bee. #BeeInspired #BeAware

[The Invisible Man @TheShadowHeDo]

@LindaRaschke Dow bit my rump today with its loads of nada.

[The Invisible Man @TheShadowHeDo]

@ScottPresler @jjauthor Thunes dicken her?

[The Invisible Man @TheShadowHeDo]

@JoeDanMedia @MistyOJernigan Would make sense. He’s a hotrod compared to Beijing mitch.

[The Invisible Man @TheShadowHeDo]

@FSociety_1942 So?

[The Invisible Man @TheShadowHeDo]

@RealSimpleAriel Likely

[The Invisible Man @TheShadowHeDo]

@ValerieAnne1970 @JRCMDB I switched to Dukes.

[Mark Minervini @markminervini]

Look everyone... don't ever be concerned with my positions; be concerned with the risk you are taking.
I've been trading for 43 years and have had only a few single-digit drawdown years. All of my trades are made from very low-risk entry points and always with a hard stop loss in place.
I could turn out to be wrong and the market may have already made its low. If so, I'll get stopped out. That's the business.
I'm wrong just as often as I'm right. The difference is that my risk is always defined and controlled. What matters is not being right all the time; what matters is that the risk taken relative to the potential reward, adjusted for batting average, is managed in a way that produces a profitable outcome over a large sample of trades.
That's how I've approached the market throughout my entire career, and it's no different today. The distribution of gains and losses over time forms a profitable bell curve because risk always comes first, and risk is always managed in relation to reward.

[The Invisible Man @TheShadowHeDo]

@Real_RobN @PeleueSalu Complicit

[The Invisible Man @TheShadowHeDo]

@DeItaone lol. These people are all high on crack.

[The Invisible Man @TheShadowHeDo]

@Mc5calpAfee Stop is extreme of sweep prior to touching swept level (entry)?

[Valckrie @Valckrie]

$QQQ dropped 4.8% on Friday. Worst day in over a year.

So I pulled every 4% down day in $QQQ since inception. There were 125 instances and they occur less than 2% of the time.

Look where they cluster though. 32 in 2000. 30 in 2001. 17 in 2008.

A -4% day is mostly a bear market event.

So what does one mean inside a bull?

[The Invisible Man @TheShadowHeDo]

@Atheen_ @FFT1776 @LadyJoAnn9 post this a few more times so people see.

[Bracco ⚡️ @Braczyy]

Went back and studied the Nasdaq parabolic advance following the November 1999 breakout. Wanted to see what the first real pullback looked like after the big down move in markets on Friday.

Nasdaq went vertical for 10 weeks, reaching nearly 10x ATR's above the 50SMA before its first close below the 20EMA, which came after a sharp 12% pullback in two sessions.

$SOXX just fell -12% in two days after hitting just over 10x ATR multiples above the 50SMA on Wednesday... First close below the 20EMA on Friday.

Wanted to compare the two as $SOXX $SMH and semiconductor stocks share many striking similarities with the Nasdaq and internet leaders of the 90's.

Also worth noting that many of the leaders during the first parabolic advance on the Nasdaq in 1999 did NOT make new highs again, even though the index grinded another 30% higher.

If using as precedent it's likely we saw some capitulation on Friday and could find a low next week. Would expect wide ranges, volatility, and tougher trading conditions. Just for studying and entertainment purposes.

[The Invisible Man @TheShadowHeDo]

@OddStats Larry Connors had some knife catching rsi strategies reflecting this.

[The Invisible Man @TheShadowHeDo]

@geoffreykarren @LindaRaschke perhaps more so absence of artificial option dealer 'hedging' after 'close'. plausible

[The Lone Raccoon @FSociety_1942]

Per my 6 years of research, there are many types of election fraud, and the one(s) that get used in any county or state are the ones most likely to work in that county or state.

That being said, make no mistake, this California nonsense is driven primarily by absentee ballot fraud. And it should be waking up everyone still asleep.

Not secret systems in poorly lit buildings in Serbia, not Maduro plotting from prison, not Italian satellites in space, not a high-tech computer in Maryland, no secret algorithm from the Associated Press... absentee ballot fraud, with its conjoined twin, registration fraud (can't really have one without the other).

As a bonus, we are seeing first hand in (slow) real time the ridiculousness of the claim that machines speed up anything in the process.

DO NOT misunderstand me, other elections use different cheating methods. The Venezuelan Smartmatic computers in Los Angeles are, I am sure, adding their own special sauce (muy caliente!). Other mischief could be at play. If anyone remembers, many counties, including Los Angeles, were Mesa Pattern counties in 2020.

But in this instance please don't bury the lede. California absentee ballots and the reckless laws surrounding their counting are the #1 issue here. This debacle will give the President all the reason he needs to publish an executive order to demand one day of voting... in person. If you want to push a narrative, push this one as it happens to be true.

These are my informed, researched opinions, I am entitled to them, and I have earned the right to make them.

[The Invisible Man @TheShadowHeDo]

@ScottPresler Sedona is prettier. Flagstaff is cooler.

[The Invisible Man @TheShadowHeDo]

@paxtrader777 true.
What it means, wish I knew. Thats the value in your process... I read option dealers involved in Fridays P/C premium imbalance reset... ipo Failure? deep reclaim of monthly range? Guess we'll see.

[The Invisible Man @TheShadowHeDo]

@FadiZeidan 03/2020-9%. 03/12 -12%