dChan
Anonymous ID: 260d34 Dec. 6, 2018, 6:11 p.m. No.4189359   🗄️.is 🔗kun   >>9675

Some color going forward so please take this as just some anon who is giving a perspective based on experience and NOT take it literally. Anon wishes to see the people responsible for putting this country into this position absolutely FRY for this. I digress…

 

FRB-FOMC meeting is next week and the next opp to raise interest rates. It is the big YE wrap-up and the projections for the coming year.

 

December

12-13*

Statement

Press Conference

Projection Materials

Minutes:

(Released January 03, 2018)

  • Meeting associated with a Summary of Economic Projections and a press conference by the Chair.

https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm

 

Experience tells me that the 'system' will need to start the move up now, it's already started during our session with today's reversal intra-day. Gave a live synopsis of trading it since monday's ramp up from a short position perspective. From Monday, rough estimate is a capture of about 1200 total DJI points shorting it from the morning pop. Factor in time lag and execution and that is a very conservative estimate. No one will sell the top or buy the absolute bottom unless you know something. May do it every once in a while but never on a consistent basis.

 

Keep in mind this is the FOMC and it's final meeting of the year. JP has done a MUCH better job than BB or Mrs Magoo-she was an absolute tool.

 

The system will need to ramp it to capture the losses it has sustained since October 10th- Rothy world currency day! for two reasons.

 

  1. Encourage Christmas Shopping

  2. Desperate to have a YE gain. As of today 2018 gains do not

exist

 

The third, and much more of a motivating factor to do 1. and 2. is the bonus structure wall st has. No YOY gain? means much smaller bonus. They always get them but are smaller when non-proprietary performance is reported. Prop-trading is an entirely different matter and the short version is that this is the book they use for themselves.

 

These pricks are motivated by money for themselves and not much more. The markets will most likely start to erase the performance issues it has had IF past trends plus need to keep it all together is anything to go by.

 

Please be cautious and careful if you are playing. This is no place for the meek and indecisive. You will be destroyed if you are. Anon cannot tell you what to do so do not ask.

 

We are in the single largest bull market cycle ever.

It is 8.5x larger than the Tech bubble that dumped in 1999-2000.

 

Will continue to keep you informed. mission to not see anyone hurt by the banking system. Have seen enough of that. Do this for that reason.