Yes, it is 21 years to the day where Maria Bartiromo told CNBC viewers it was finally safe to short the stock market. That day, as you are by now well aware, was the day the market bottomed in 2002. You had to be there, you can’t make this stuff up. I can’t find the video, if you stumble into it please notify me. But there was another anniversary unanticipated that activated over the weekend.
So I have an interesting Dow reading plus I need to talk about some of the news from the week. Lets see the Dow first.
We broke another replication from earlier in the week but on Friday formed a new one. As you know the prior important lows on this chart came in at 153 calendar days and then 154 trading days. September 27 was a 185dg day which meant the current leg from August was 55dg down which was replication to prior lows. That spell was broken but the May low came in on the 64dg vibrational day and now the low is from the 6th at 194dg which is 64dg down. Now we are at the all important anniversary date on Monday. What could be coming against this? They filled the gap on the NDX so this is inflection point time. Literally, anything is now possible, even an inversion of the anniversary where it could put in a high. But on the surface of it, we have replication with Friday’s low and it was a nice rally day. Then we have May 25 as a 64 dg day, October 6 as 194. Whats the difference? Its 130, isn’t it. What’s the high? August 1 at 130dg. So this could be significant. We shall see.
A lot of it could depend on the bond market which is one again trying to bounce but without a great reading. We need it to bounce very soon if not immediately. If it can’t stage a rally in the next couple of days, the stock market could invert and roll over. But I tend to like the reading I just showed you on the Dow.
That’s why you just can’t come out and call for a crash like so many have done. It could roll over here but I’d rather let the chart tell me as opposed to imposing my will on the market. That’s the major difference between having the mind of a trader or the mind of an analyst.
For Bitcoin, the bottom line for me is we are sitting in the neutral zone of the box and the low comes in at 61 days and its working. The 50% level of the probability box is not a favored area for bulls or bears. Its the neutral zone and you can see bulls already bought this low in the discount zone. Now it stalled near polarity without the benefit of a good reading. What that means is the low reading is still driving the action without the benefit of a good bearish reading near this high.
So this is the first time in a while the bulls have an actual reading to work off of on the stock market. If it violates, that could bring on a serious bear wave but one step at a time.
What else is going on? For this I need other words. Earlier in the week we were greeted with the news that the criminal authorities now occupying the US have determined Trump supporters are terrorists. Let’s see how stupid these people are. Eighty millions voted for Trump. They want to make enemies out of hard working Americans who love their country and despise the demons who are destroying it?
The American public is well armed and hopefully won’t put up this garbage. Then the next day Hillary said the more extreme of the MAGA people should be put in reeducation or men’s camps. Really? Hillary, you are a coward, you’ll have brainwashed zombies attempt to do it for you. As Alex J always says, we aren’t looking for a fight, but if you want one, YOU GOT IT.
I’m serious, gang. This is where we have to draw the line in the sand. I don’t like saying this but if this is where its headed, we are already in a state of a civil war, just that the shooting hasn’t started yet. None of this surprises me. Its shocking to see how far America has fallen but with all the traitors, it shouldn’t surprise anyone with a working brain. I have to say that because much of the country has lost their ability to think. All I know is progressive democrats (not commies) are starting to figure it out and they don’t like it either. If you combine Obama with Hillary, you have something marinating that is worse than anything Hitler, Stalin or Mao did. That’s right, you better wake up. I know many in this readership are awake but its amazing to me how many people I run into in the course of a week who just don’t get it.
If you don’t or can’t accept this, just think about why or how the guy who ran the cover up investigation into the Las Vegas Mandalay Bay massacre 5 years ago would be the police chief of Maui now. Think its a mere coincidence? The odds on the same guy being in both places just at the wrong time has to be millions to one against it.
Then we suddenly have this mess of a hot war breaking out in Israel. The 50th anniversary of the 73 Israeli war. Honestly, that wasn’t on my radar as I actually thought something like this could happen during the recent Mercury retrograde period. Something is not right with this picture. They say it was a surprise attack. You want to tell me the best intelligence agency in the world, the Mossad, was asleep at the wheel? You want to tell me the IDF were overrun by Hamas?
Are you kidding me? Israel has the most sophisticated weaponry in the world short of the star wars stuff. My first reaction upon hearing this news on Saturday morning was I sniffed a rat. It was said it took 9 hours for the military to respond to those small towns in Southern Israel. Allegedly, I heard there are actual military bases in that part of the country. What were they doing? The base in question was just reclaimed by the IDF on Sunday after it was overrun by Hamas ‘terrorists.’ How did they hang a whole section of the country out to dry like that? After all, its not like they attacked downtown Tel Aviv. It smells like other strange events of recent vintage.
So here’s the deal and do not be upset with me because I’m only reporting what a very highly reliable journalist with a great track record reported early Sunday. I don’t listen to mainstream news, they are all propaganda machines. You have to understand, I want to give the Israelis every benefit of the doubt. My father is the holocaust survivor who has lived there for 30 years. But Netanyahu bragged about how the Israeli government used the population as a test experiment of the mRNA vax. That’s right, he was proud of it. You can see how much he values human life.
I’m the guy that doesn’t like what the Israelis and the ADL have done in the name of the Jewish people. The globalists have hijacked Israel just like they have hijacked America. I can also tell you there is a growing chorus of Jewish people in Israel and around the world who do not approve of the character and behavior of the Israeli government since the lockdowns. They let that guy Harrari run wild, didn’t they?
Steven Ben-Nun of Israeli News Live.org reported from his intel connnections the IDF WAS ORDERED TO STAND DOWN in Southern Israel. You read that correctly. On top of that, I spoke to my father in Tel Aviv this morning and according to him, a great number of Israelis found it very curious Hamas would be able to penetrate into Israel the way they did. Not only that, Israeli intelligence has known there would be a ‘staged event’ that could possibly start WWIII MONTHS AGO. In fact, a couple of them told Ben-Nun they knew the attack was coming AND LEFT THE COUNTRY. Now that the attack is done, they are coming back to the country. I know this sounds crazy and hard to believe.
After letting the dust settle for 24 hours it is becoming obvious to me and others something much deeper is going on. They wanted this war and wasted no time declaring it. The geopolitical situation as it pertains to Israel is more complex and not to be unraveled in a day. What I believe is nothing good will come from this and quite possibly could be the start of WWIII for real. . For our work, seasonality plays into our overall strategy because the financial markets are tied to social mood. Consider this a black swan event for our ‘graveyard for stocks’ time of year. How this impacts the market? As I told you, even as the Dow chart looks interesting on that 64 vibration, literally anything this time of year is still possible. But if 20th century history has anything to do with it, stock markets do not like war, especially big wars.
The other part of this, Let’s talk about the ‘surprise’ nature of the attack. The surprise is the crowd has been waiting for the other shoe to drop for a long time. Now that it could be here, its a shock to the system. Folks are never ready for the day war actually comes. Then we had that emergency alarm go off on our phones this week. Dave Hodges has been warning on that for weeks. He felt it could be tied to an important event. Am I connecting those dots? I don’t know, anything is possible. But you can’t rule it out. Remember yesterday in the post on smart money concepts I told you about how they reacted to the Fitch downgrade. They knew about that. A major attack like this on the 50th anniversary of the last major war? If a nobody like me can sit in my underground bunker in Scottsdale armed with a bunch of anniversaries, you want to tell me everyone went to sleep on a high profile anniversary date like this? As it turned out, they didn’t go to sleep. I know that sounds terrible. It is terrible.
I wasn’t buying it Saturday morning and now I have the proof. Want to see this video for yourself? Go on You Tube to the Israelinewslive channel with the headline Hamas Attack Will Lead to WW3.
And if you really want to support our work and keep it free, help yourself at the same time and get the Eliminate Emotional Trading manual. Its only $45, send funds to lucaswaveman@gmail.com from paypal or request an invoice.