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RE: BTC update 15.09.17 - don't be fooled by this volume spike
I was stopped out with 70$ profit, but I reentered now with a smaller position over the weekend SL4500 again ;-)
I was stopped out with 70$ profit, but I reentered now with a smaller position over the weekend SL4500 again ;-)
Methinks BTC will kinda "hang in there" until at least midweek. The "soon to be" almighty dollah coming back to retest and probly take out the recent low at UUP 23.63. I'm also looking for the sexy VIXens (namely the queen of the VIXens, VIX) to trade to prices where they can be bought as longer term holds. Even my other "safe have"...U.S. treasury debt (especially longer term bonds as measured by TLT) signaled that the low on this 10 day chart is going to get taken out.
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=tlt&x=54&y=4&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
The windup? I'm going to be working on being the first guy on the planet who EVER called "black" Fri within a few minutes of it actually happenin. :-) I think bitcoin will be revealed as the sheeeer fantasy it truly is "if" the major U.S. stock indicies crashed out for 20% on Fri...getting close now. The "major" missing link is the RUT (via IWM)...it was "sneaky" good this past week. I see a new high coming.
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=iwm&x=30&y=6&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
Thanx for the spew...
You gonna be ready? Ever dated a sexy VIXen for more than 1 month? Me neither...but this time methinks I can make it so that you can just hold on whilst she steals wallets from Greg "maalox" Mannarino's kittens. :-) Honestly though, dollah down, UVXY moved through my low end buy target (and we get to buy it even lower), DUST now beginning to drop, treasury bond rates rising...the guys at Goldman Sux handling all of those trading compooters...have I got em trained or what? :-)
Trained? Naw... they gotz A.I...... Brought Skynet on line