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Peter Eliades
Peter Eliades
Moderator

My apologies...at the start of the update, I thought I had the SPX chart up and was commenting on it in terms of market psychology, bank failures etc. I was going to redo the whole update when I discovered it was BTCUSD in the background, but when I compared the charts they were very similar. Both bottomed within one day of the major bank failure announcement and subsequently rallied for two weeks + so the point was legitimate and I left the BTC chart up. I am sorry for any confusion I may have created... the point made remains the same!

daniel039209
daniel039209

Peter Eliades said:

My apologies...at the start of the update, I thought I had the SPX chart up and was commenting on it in terms of market psychology, bank failures etc. I was going to redo the whole update when I discovered it was BTCUSD in the background, but when I compared the charts they were very similar. Both bottomed within one day of the major bank failure announcement and subsequently rallied for two weeks + so the point was legitimate and I left the BTC chart up. I am sorry for any confusion I may have created... the point made remains the same!

Peter, wouldn’t you agree; markets almost always bottom into BAD news; and top into GREAT news. also, the NDX - BTC correlation is very high 70’s to 90’s%( not always but often)

XXSPOWER127
XXSPOWER127

13000 on the /NQ anyone remember SOMEONE SAYING LOOK AT THE WEEKLY ? LOOK AT THE PROJECTIONS ? 4080 ON THE /ES ANYONE ? HUH ????

Have we heard about SPEED RESISTANCE LINES ...... NO ... u know why ? I KNOW WHY WHAT HAPPENS TO SPEED RESISTANCE LINES WHEN THEY ARE BROKEN UPWARD MR. E ? GO AHEAD TELL US.. ILL WAIT.

DO WE HEAR ABOUT 54 TRADING DAYS ? 45 DAYS? MOONS ? TIDAL WAVES ?

NO.

But.. The fed doesn't have a DESK AT NEW YORK AND BUY HUGE AMOUNTS OF BONDS AND STOCKs , nope. that does not happen. They dont move markets. They DONT PUMP BILLIONS into the system to create liquidity NOPE DOESNT happen NO THEY / THEM haha right on.

meanwhile back at the ranch.. Its almost time to get your Bear suit out of hibernation. Oh? it didnt sleep? Oh ok. well anway TTFN

XXSPOWER127
XXSPOWER127

m1.c70 said:

XXSPOWER127 said:

13000 on the /NQ anyone remember SOMEONE SAYING LOOK AT THE WEEKLY ? LOOK AT THE PROJECTIONS ? 4080 ON THE /ES ANYONE ? HUH ????

Have we heard about SPEED RESISTANCE LINES ...... NO ... u know why ? I KNOW WHY WHAT HAPPENS TO SPEED RESISTANCE LINES WHEN THEY ARE BROKEN UPWARD MR. E ? GO AHEAD TELL US.. ILL WAIT.

DO WE HEAR ABOUT 54 TRADING DAYS ? 45 DAYS? MOONS ? TIDAL WAVES ?

NO.

But.. The fed doesn't have a DESK AT NEW YORK AND BUY HUGE AMOUNTS OF BONDS AND STOCKs , nope. that does not happen. They dont move markets. They DONT PUMP BILLIONS into the system to create liquidity NOPE DOESNT happen NO THEY / THEM haha right on.

meanwhile back at the ranch.. Its almost time to get your Bear suit out of hibernation. Oh? it didnt sleep? Oh ok. well anway TTFN

Why do you have to raise issues about Peter's viewpoint in such a disagreeable way. Alternative views are valid, but it is not acceptable in my book to deliver them is such an arrogant, self-important and sarcastic manner.

So it's ok when he says THIS GUY OUT THERE IS AN IDIOT WHO SAYS THE VIX RESEACH IS OLD AND USELESS. That's not arrogant? LAUGHABLE

adwhartonmd232
adwhartonmd232

Peter on your Web projection app every index gives higher projection so how can you ignore? Everything says market going higher with VIX going lower Why are you so bearish against your projections

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