its a pretty obvious trade, has been for a while really.. It will only get worse, as germany requires a lot of gas which it will start to ban from Russia, I believe it already has started (im not in the gas game atm).
Come winter, you will see Germany and other european nations suffer real bad from lacking gas. Oil too, as europe is working to completely become free from russian oil & gas..
So now he is trying to predict a bottom or something based on one day of short covering? The guy is an amateur who is a permabull that makes money in bull markets.
Lol... show me where I called a bottom... FINAL WARNING. If you troll you will be banned. I have already admitted that I got a lot wrong this year, sorry I could not be perfect as I assume you are....
I could see this selloff coming a mile away back in October 2021. As a matter of fact if you were looking at the QQQ selling volume clusters from March 2021 forward each cluster got greater and greater as the market went higher and higher a sure sign that the institutions were distributing to the dumb money, while they got out. And you got left holding the bag and never got out. Sure sign of a rookie. No stops, buy on the dip. smh.
Fed started tapering back in Aug 2020 when bond yields started climbing and the dollar start rallying in Jan 2021 all proof of tapering. It just took about a year for the institutions to sell out of their positions and get the retail dummies in before they started to short the market late last year. All while Greg was preaching buy on the dip.
It's about how when someone points something out to you, you tell them they are wrong in a smart ass way. You told me once you bet you have more money than I do. That was just one of many times you told me I didn't know what I was talking about in the last 6-8 months.
Doesn't matter until the selling volume dries up and we see increased buying each day. You're still below a lot of strong moving averages. Until the volume pattern changes this is just short covering. Don't let get caught with buying the stupid dip like you did in the markets. Watch that volume.
There is NOTHING that is making sense in this or ANY market, which means to me they ( Fed ) are doing everything and anything that keeps the ILLUSION that everything is fine, nothing to see here !!!! I am so glad I am out of this fiat debt/ death based system. I am already preparing my mind for a huge slash if not disappearance of my paltry pension !!! SS,.... LOL... I doubt it will be solvent by the time I reach 67 !!
Canada just approved Finland's entry into Nato ( the first country to do so)...look for 4oo buck US a barrel oil if Putin keeps his word about responding with ww lll.
Looking at the chart for WTI it's still in a downtrend. The ADX red line (selling pressure) has a clear advantage over the green line (buying pressure) indicating oil is still in a downtrend.
long term I think there is a very good chance that oil is going to go higher due to inflation etc.
But actually, call me crazy, I think Oil is going lower due to a few factors, one being the upcoming elections. Two being the fact that Monkeypox is going to be the next big pandemic. I keep telling greg and chuck but honestly they probably just ignore me and think im crazy.
The reason why I think oil will crash more, is because if monkeypox is going to be the next big pandemic, they will do covid 2.0. Lockdowns and the rest of it, and this will cause demand for oil to once again plummet to 20 some dollars a barrel...
Its a longshot, but thats the way it is with several predictions in one go. Anyway... I wont get into oil for a while more, too overpriced and too volatile for my liking right now.
Read page 12 of this if you want the script for the next 1-2 years on monkeypox.
I bought the only producer of Monkeypox vaccines (BAVA) - and I have made a disguisting amount of money. some 30% gains in a month... On july 18th, the WHO will once again try to rule on if monkeypox is a pandemic or not.. I think they will rule that it is a pandemic.
I hope Gregory can stop ignoring this and read it as well one day. These fucking funds he keeps talking about drive me insane, as they really dont pay out in this environment... Not gonna lie.
Got to chase some of those trends and predict them too, not just "safe bets" that lose one money. PDBC ... again not trying to shit on the guy, that was a decent trade for a while.. but these ETFs are dogshit in this fucked up environment. Thats just the truth ... PDBC crashed down to like february levels.
Luckily I dont hold any of that ETF shit, I just wish there was some more thought behind Gregorys investment strategy. Forget about monkeypox, but the trick in my opinion is to CHASE TRENDS.. For gods sake, we have so many of them right now (war, monkeypox, inflation assets) ... Or at the very least eat the dip of the stocks that are on sale right now...
Anyway... rant over. I do donate to Greg, he gets a lot spot on, has for years. Especially for the environment. Im just not happy with some of the "dabbling" that he seems to be doing these days. It needs to be surefire ...
Also, this one might be good to read as well, it predicted covid, and the coming cyberpandemic ...
til what 3:45 ...when the big guys flip it ?
Sounds about right
Did anyone look at the European Gas? https://www.barchart.com/futures/quotes/TGx22/overview
You'd be surprised!!
its a pretty obvious trade, has been for a while really.. It will only get worse, as germany requires a lot of gas which it will start to ban from Russia, I believe it already has started (im not in the gas game atm).
Come winter, you will see Germany and other european nations suffer real bad from lacking gas. Oil too, as europe is working to completely become free from russian oil & gas..
They will fire up their coal plants again temporarely to meat electricity demand
Money for nothing and chicks for free
Gas prices https://www.globalpetrolprices.com/gasoline_prices/Europe/
Impossible to time the market in these insane conditions. You have to accept the 10% losses to get the 15% gains.
So now he is trying to predict a bottom or something based on one day of short covering? The guy is an amateur who is a permabull that makes money in bull markets.
Lol... show me where I called a bottom... FINAL WARNING. If you troll you will be banned. I have already admitted that I got a lot wrong this year, sorry I could not be perfect as I assume you are....
and if you are getting in oil right now you are saying it's the bottom.
I could see this selloff coming a mile away back in October 2021. As a matter of fact if you were looking at the QQQ selling volume clusters from March 2021 forward each cluster got greater and greater as the market went higher and higher a sure sign that the institutions were distributing to the dumb money, while they got out. And you got left holding the bag and never got out. Sure sign of a rookie. No stops, buy on the dip. smh.
Fed started tapering back in Aug 2020 when bond yields started climbing and the dollar start rallying in Jan 2021 all proof of tapering. It just took about a year for the institutions to sell out of their positions and get the retail dummies in before they started to short the market late last year. All while Greg was preaching buy on the dip.
How many more times do I have to admit that I got more than a few things wrong this year? I put this out in my newsletter and on my blog....
It's about how when someone points something out to you, you tell them they are wrong in a smart ass way. You told me once you bet you have more money than I do. That was just one of many times you told me I didn't know what I was talking about in the last 6-8 months.
Doesn't matter until the selling volume dries up and we see increased buying each day. You're still below a lot of strong moving averages. Until the volume pattern changes this is just short covering. Don't let get caught with buying the stupid dip like you did in the markets. Watch that volume.
I just missed that dip in DVN
There is NOTHING that is making sense in this or ANY market, which means to me they ( Fed ) are doing everything and anything that keeps the ILLUSION that everything is fine, nothing to see here !!!! I am so glad I am out of this fiat debt/ death based system. I am already preparing my mind for a huge slash if not disappearance of my paltry pension !!! SS,.... LOL... I doubt it will be solvent by the time I reach 67 !!
Did opec dude have shots ? Next up is to freeze us Put oil people back to work Leaders suck
Canada just approved Finland's entry into Nato ( the first country to do so)...look for 4oo buck US a barrel oil if Putin keeps his word about responding with ww lll.
Putin...Putin....Putin....LOL
Bought a little bit of MRO back after selling and doubling my money.
Edzakerly
Looking at the chart for WTI it's still in a downtrend. The ADX red line (selling pressure) has a clear advantage over the green line (buying pressure) indicating oil is still in a downtrend.
https://stockcharts.com/h-sc/ui?s=%24WTIC&p=D&b=5&g=0&id=p27434132947&a=1136287755&r=228&listNum=8
long term I think there is a very good chance that oil is going to go higher due to inflation etc.
But actually, call me crazy, I think Oil is going lower due to a few factors, one being the upcoming elections. Two being the fact that Monkeypox is going to be the next big pandemic. I keep telling greg and chuck but honestly they probably just ignore me and think im crazy.
The reason why I think oil will crash more, is because if monkeypox is going to be the next big pandemic, they will do covid 2.0. Lockdowns and the rest of it, and this will cause demand for oil to once again plummet to 20 some dollars a barrel...
Its a longshot, but thats the way it is with several predictions in one go. Anyway... I wont get into oil for a while more, too overpriced and too volatile for my liking right now.
Read page 12 of this if you want the script for the next 1-2 years on monkeypox.
https://www.nti.org/wp-content/uploads/2021/11/NTI_Paper_BIO-TTX_Final.pdf
I bought the only producer of Monkeypox vaccines (BAVA) - and I have made a disguisting amount of money. some 30% gains in a month... On july 18th, the WHO will once again try to rule on if monkeypox is a pandemic or not.. I think they will rule that it is a pandemic.
I hope Gregory can stop ignoring this and read it as well one day. These fucking funds he keeps talking about drive me insane, as they really dont pay out in this environment... Not gonna lie.
Got to chase some of those trends and predict them too, not just "safe bets" that lose one money. PDBC ... again not trying to shit on the guy, that was a decent trade for a while.. but these ETFs are dogshit in this fucked up environment. Thats just the truth ... PDBC crashed down to like february levels.
Luckily I dont hold any of that ETF shit, I just wish there was some more thought behind Gregorys investment strategy. Forget about monkeypox, but the trick in my opinion is to CHASE TRENDS.. For gods sake, we have so many of them right now (war, monkeypox, inflation assets) ... Or at the very least eat the dip of the stocks that are on sale right now...
Anyway... rant over. I do donate to Greg, he gets a lot spot on, has for years. Especially for the environment. Im just not happy with some of the "dabbling" that he seems to be doing these days. It needs to be surefire ...
Also, this one might be good to read as well, it predicted covid, and the coming cyberpandemic ...
Read page 18 :
www.nommeraadio.ee/meedia/pdf/RRS/Rockefeller%20Foundation.pdf
POSITION YOURSELVES.