3309 Drysdale Ct
Edwardsville, IL 62025
I too had the misfortune to sign up for one of his plans last
year. I took four of his recommended trades and lost on each
one although not that much as I wasn't risking much as I wanted to
see how his recommendations went. I took advantage of his money
back guarantee to cancel but kept getting the run-around. Then to
add insult to injury they charged my card again without my
permission then claiming it was all due to some sort of computer
mix up. I had to end up doing a chargeback on my credit card so my
advice is to stay far away from this guy unless you like losing
money. If you want to make money just stay on here!
Real fear and a spike in VIX to the correction high sets
in at the early part of the downturn and then levels off before a
market bottom is made. This makes sense, since VIX measures
the expected volatility over the next 30 days. The rule of 16 says
that VIX/16 is the expected average daily volatility implied from
the value (with one standard deviation). VIX = 32 implies a market
pricing in daily swings of 2% over the next 30 days (or 21 trading
days). That is unusually high. We have had a few days exceeding
that by far, but on average, 2% daily is still VERY high. Of course
anything is possible in this market...
For a DVDS short system on the SPY that was a mistake and no
longer shows it was okay for a quick trade. I sold SPY in the AH at
450.12 and just covered at 446.55 when I read the post saying the
signal had vanished. Not bad for under 24 hours so bring on more
"vanishing signals: like that :-)
Gold going crazy, up from 2025 to 2070 in 20 minutes, is this
the top or more panic buying ahead?
Gold Stocks Bear Market? As a goldbug I am hoping this downturn
since August is just a correction in a ongoing gold bull market.
However this recent crash in the gold stocks where they sliced
through major support levels and moving averages is quite
concerning and not the typical action of s correction in a bull
market. I read a report dated July 3 from a well respected
analyst whose opinion is that we are in a gold bear market which
started back in August. He makes some very compelling reasons as to
why gold stocks are no longer in a bull phase. I hope he isn't
right so I was curious as to what other members think as well as
Matt and Steve.
Gold more oversold than in March 2020 as per
Platinum taking off, any thoughts Matt or Steve?
SMS Alerts question for Steve or Matt. In the Account section
there is the option to enable SMS alerts. However when I try to
enable it says I need to sign up for Breakpoints. I am already a
member and have been so for quite some time so if there a trick to
signing up for SMS alerts let me know. I apologize for posting this
non stock question in the room but I first tried reaching out using
the contact tab but got no reply. Thanks
The airlines especially strong today including DAL and
Southwest. I know an analyst at Morgan Stanley recommended
them and gave a price target of $54 on Southwest. However I know
from past experiences that sometimes when a stock is recommended it
will go up that day and then gradually revert back to where it was
before the recommendation.
what does that mean exactly?
Can we PLEASE stop cluttering up this board with talks about the
virus and politics. There are tons of other discussion boards for
all that. Thanks
I love the daily commentary as its one of the best benefits of
this site. Going to one or two a week would defeat the purpose of
this site and I would be gone as I suspect others would be. How in
the world can someone say these daily charts cause confusion.
If someone doesn't want to listen to all the charts and
commentary for each one they can switch from the original player to
the new player and listen to what they want to and avoid what they
don't want to hear. This suggestion that the daily newsletters
cause confusion and conflicting information is one of the craziest
things I have read on this blog! If the poster can't understand the
daily commentary and gets confused by it sounds like his best bet
would be to find another service that is more to his liking.
I remember back in mid April you said FB was your favorite kind
of short and then it was at the $180 level. What makes it look ripe
for shorts now in your opinion versus back in April when you
thought it was a good short?
Yes BVN being down 50% since last year while gold has
skyrocketed is about the worst under
performance of any gold stock. There are
reasons for such a sharp decline as they eliminated their dividend,
they reported a decline in gold production as Peru has extended
their quarantine period which means no mining so any mining is
limited to critical activities only.Also several brokerages
downgraded the stock and Moodys downgraded BVN to B1 a negative
outlook. In addition there has been talk that Peru may nationalize
the mines. So as you can see fear in the equity markets has little
to do with the bad performance of BVN . Sometimes fundamentals are
very good reasons a stock can suddenly under perform.
Another vote for the old format instead of the video. While the
video is interesting It's difficult to read the data on the tables
on a computer screen. I like to scroll through charts to what
interests me and its very difficult to do that in a video format
and hard to know what sections are where. I do appreciate you
trying out new formats now and then as you do a great job with
forecasting and giving us a overview of the bigger picture.
That link you gave to Dr. Brownstein's protocol for beating the
virus doesn't work, it goes to 404 errpr, page not found.
Gold looking negative as people are way too bullish on gold in
general and on this site too. The
Gold Miners Bullish Percent Index (see below chart) it is
exactly as bullish as it was bearish in mid-March at the very
bottom after the biggest decline in stock market history. There are
more bulls than they were in July of 2017 after a monster gold
Yes you can access your account at TDameritrade,com
It was written by Sylvia Browne who died in 2013. You can
buy the Kindle version on Amazon. Dean Kootz never made that
prediction. Sylvia Browne made many predictions in her book,
most of which were outlandish and never came true. She used the
2020 time frame in many of her predictions which did not come true.
Below are two pages from her book, one page mentions blindness
being cured by 2020, diabetes being cured starting 2010 and
no more invasive surgery done by 2015. The other page is where she
wrote about the 2020 respiratory virus but considering the many
other predictions she made that would happen around 2020 which
haven't happened I would think she was just taking current problems
with virus's and projecting them into the future. If the second
part of her prediction saying the current virus will suddenly
vanish that would be great, but I wouldn't count on
Hayy Dent was extremely bullish in on January 27 in a YouTube
video saying the market was going straight up as the smart money
was buying and he didn't see a peak until May or June. Others like
Matt and Steve on here even in January were warning us of all the
negative divergences, etc.
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