SMC Update 8-31-23

08/31/2023


Comments (31)
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daniel039209
daniel039209

I love it ; 2 mins in and all the bullishness of last 30 hours is erased. Reality is September is choppy too. 4th Quarter overall. BULLISH. Period Peter- you have anchored yourself to some “fundamental disconnect on NDX to DJIA” all the while you are a technical analyst( cycle really( try not to do Eliott waves lie you did last week “ 3 of 3” we went up 5% ) Nothing from 2000,2008,2021 is relevant today ! Trust me you are anchored to a wrong belief. That’s why the market is up 32 % and you have been forecasting DOWN 40%

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arcon00224
arcon00224

Dan,

when you get done with your Grindr date you were telling us about in yesterday's comments section, remind yourself the market is actually DOWN from this update he did (referenced below, along with the comments section showing once again xxsmallPenis taking WRONG LONG positions, his only thing that is long, if you catch my drift, which I know you do, because you're into that LGB stuff too).

Depends on what timeline you're working with.

Are you a Warren Buffett style buy and hold type of guy? In which case short positions are actually currently profitable since the April update where Peter warned to not go long.

Or, do you prefer it like you prefer your Grindr dating life: ' wham bam thank you man ' dirty back seat day trades ?

In which case, yes the market is up from Jan of this year. Which by the way, xxsmall only wishes he could get it up stiff like this rally you're mentioning

But you need to be more specific when you say " the market is up 32% "

up 32% since when? and which index?

video reference:
https://www.stockmarketcycles.com/services/daily-video-commentary/v/smc-update-week-ending-4-1-22-recorded-4-3-22#comments

  • take note in that video link comments section of xxxsmallpenis going long at the exact wrong time. his emphasis on going long all the time must be a freudian compensation for the bedroom complaints from his ex wife ? ?

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richard.t.walsh231
richard.t.walsh231

Peter: If you could include in the weekend update an analysis of projections for the following equity issues that would be much appreciated: JPM, XLF, KRE, AAPL and NVDA-many thanks in advance!

fast3777
fast3777

Thank you Peter, Some can't see the forest from the trees. That's alright because the trend is down and always re asserts it's self at very specific times as human psychology never changes. Markets are not random but are made up of fractals. Right now the market is in a very specific fractal. The trend will resume down. Time has run out.

John_cash9154493
John_cash9154493

September top?? like to see gap up open that get sold is how tops are made. looking for top Everyday isn't a good plan. Who cares what equal weight is doing when NDX and SPX are going up. Look at the picture of what magnificent 7 are doing and short term projections. Don't go back to your old ways. which is easy for you to do. September top could be during Option expiry week? May even see Double top

XXSPOWER127
XXSPOWER127

arcon00224 said:

Dan,

when you get done with your Grindr date you were telling us about in yesterday's comments section, remind yourself the market is actually DOWN from this update he did (referenced below, along with the comments section showing once again xxsmallPenis taking WRONG LONG positions, his only thing that is long, if you catch my drift, which I know you do, because you're into that LGB stuff too).

Depends on what timeline you're working with.

Are you a Warren Buffett style buy and hold type of guy? In which case short positions are actually currently profitable since the April update where Peter warned to not go long.

Or, do you prefer it like you prefer your Grindr dating life: ' wham bam thank you man ' dirty back seat day trades ?

In which case, yes the market is up from Jan of this year. Which by the way, xxsmall only wishes he could get it up stiff like this rally you're mentioning

But you need to be more specific when you say " the market is up 32% "

up 32% since when? and which index?

video reference:
https://www.stockmarketcycles.com/services/daily-video-commentary/v/smc-update-week-ending-4-1-22-recorded-4-3-22#comments

  • take note in that video link comments section of xxxsmallpenis going long at the exact wrong time. his emphasis on going long all the time must be a freudian compensation for the bedroom complaints from his ex wife ? ?

HAHA 4511 TO 4532 BOOM @es JUST like I said SOCK BOY WHAT U GOT? you got your socks that you need clean go tell your momma

4530 now what?

I know .. you dont..

GANN PANIC BOX BOY

XXSPOWER127
XXSPOWER127

it will be like last year ROSH HASANNAH

heard it here first from XS SMALL PENIS WOOO YEAH WHOOP THANKS to my new

democrack friend who lives in the basement with his MOMMA LOS ANGELES WITH THE OTHER DEMOCRACK DERELICTS

WHAT DO YOU GIVE TO THE SHEEP arcon00224 U GIVE BUPKIS !!

U GET THE REFERENCE U DUMMY? OR DO I NEED TO SEND YOU A U TUBE SINCE YOU A STOOPID

arcon00224 = THE REASON THE US IS THE WAY IT IS .. A TRUE DUMB DEMOCRACK HEAD

ROSH HASANNAH .. WAIT FOR IT

daniel039209
daniel039209

arcon00224 said:

Dan,

when you get done with your Grindr date you were telling us about in yesterday's comments section, remind yourself the market is actually DOWN from this update he did (referenced below, along with the comments section showing once again xxsmallPenis taking WRONG LONG positions, his only thing that is long, if you catch my drift, which I know you do, because you're into that LGB stuff too).

Depends on what timeline you're working with.

Are you a Warren Buffett style buy and hold type of guy? In which case short positions are actually currently profitable since the April update where Peter warned to not go long.

Or, do you prefer it like you prefer your Grindr dating life: ' wham bam thank you man ' dirty back seat day trades ?

In which case, yes the market is up from Jan of this year. Which by the way, xxsmall only wishes he could get it up stiff like this rally you're mentioning

But you need to be more specific when you say " the market is up 32% "

up 32% since when? and which

I know your 1 brain cell is working overtime for you. My point was Peter was as bullish as could be on yesterdays call . When Bears turn bullish. It’s often a shorting opportunity. After they did reverse a little yesterday, he is back to super bear. That’s NOT HOW YOU make money in the market. I trade set ups not collapsing theories

thebigbluecheese
thebigbluecheese

Here is a thought ... how about the updates and the comments focus solely and objectively on cycle analysis?

XXSPOWER127
XXSPOWER127

daniel039209 said:

I love it ; 2 mins in and all the bullishness of last 30 hours is erased. Reality is September is choppy too. 4th Quarter overall. BULLISH. Period Peter- you have anchored yourself to some “fundamental disconnect on NDX to DJIA” all the while you are a technical analyst( cycle really( try not to do Eliott waves lie you did last week “ 3 of 3” we went up 5% ) Nothing from 2000,2008,2021 is relevant today ! Trust me you are anchored to a wrong belief. That’s why the market is up 32 % and you have been forecasting DOWN 40%

daniel039209 said:

arcon00224 said:

Dan,

when you get done with your Grindr date you were telling us about in yesterday's comments section, remind yourself the market is actually DOWN from this update he did (referenced below, along with the comments section showing once again xxsmallPenis taking WRONG LONG positions, his only thing that is long, if you catch my drift, which I know you do, because you're into that LGB stuff too).

Depends on what timeline you're working with.

Are you a Warren Buffett style buy and hold type of guy? In which case short positions are actually currently profitable since the April update where Peter warned to not go long.

Or, do you prefer it like you prefer your Grindr dating life: ' wham bam thank you man ' dirty back seat day trades ?

In which case, yes the market is up from Jan of this year. Which by the way, xxsmall only wishes he could get it up stiff like this rally you're mentioning

But you need to be more specific when you say " the market is up 32% "

up 32% since when? and which

I know your 1 brain cell is working overtime for you. My point was Peter was as bullish as could be on yesterdays call . When Bears turn bullish. It’s often a shorting opportunity. After they did reverse a little yesterday, he is back to super bear. That’s NOT HOW YOU make money in the market. I trade set ups not collapsing theories

daniel039209 said:

arcon00224 said:

Dan,

when you get done with your Grindr date you were telling us about in yesterday's comments section, remind yourself the market is actually DOWN from this update he did (referenced below, along with the comments section showing once again xxsmallPenis taking WRONG LONG positions, his only thing that is long, if you catch my drift, which I know you do, because you're into that LGB stuff too).

Depends on what timeline you're working with.

Are you a Warren Buffett style buy and hold type of guy? In which case short positions are actually currently profitable since the April update where Peter warned to not go long.

Or, do you prefer it like you prefer your Grindr dating life: ' wham bam thank you man ' dirty back seat day trades ?

In which case, yes the market is up from Jan of this year. Which by the way, xxsmall only wishes he could get it up stiff like this rally you're mentioning

But you need to be more specific when you say " the market is up 32% "

up 32% since when? and which

I know your 1 brain cell is working overtime for you. My point was Peter was as bullish as could be on yesterdays call . When Bears turn bullish. It’s often a shorting opportunity. After they did reverse a little yesterday, he is back to super bear. That’s NOT HOW YOU make money in the market. I trade set ups not collapsing theories

He does not have a brain cell! He is CLUELESS PARTY OF ONE

XXSPOWER127
XXSPOWER127

daniel039209 said:

I love it ; 2 mins in and all the bullishness of last 30 hours is erased. Reality is September is choppy too. 4th Quarter overall. BULLISH. Period Peter- you have anchored yourself to some “fundamental disconnect on NDX to DJIA” all the while you are a technical analyst( cycle really( try not to do Eliott waves lie you did last week “ 3 of 3” we went up 5% ) Nothing from 2000,2008,2021 is relevant today ! Trust me you are anchored to a wrong belief. That’s why the market is up 32 % and you have been forecasting DOWN 40%

daniel039209 said:

arcon00224 said:

Dan,

when you get done with your Grindr date you were telling us about in yesterday's comments section, remind yourself the market is actually DOWN from this update he did (referenced below, along with the comments section showing once again xxsmallPenis taking WRONG LONG positions, his only thing that is long, if you catch my drift, which I know you do, because you're into that LGB stuff too).

Depends on what timeline you're working with.

Are you a Warren Buffett style buy and hold type of guy? In which case short positions are actually currently profitable since the April update where Peter warned to not go long.

Or, do you prefer it like you prefer your Grindr dating life: ' wham bam thank you man ' dirty back seat day trades ?

In which case, yes the market is up from Jan of this year. Which by the way, xxsmall only wishes he could get it up stiff like this rally you're mentioning

But you need to be more specific when you say " the market is up 32% "

up 32% since when? and which

I know your 1 brain cell is working overtime for you. My point was Peter was as bullish as could be on yesterdays call . When Bears turn bullish. It’s often a shorting opportunity. After they did reverse a little yesterday, he is back to super bear. That’s NOT HOW YOU make money in the market. I trade set ups not collapsing theories

daniel039209 said:

arcon00224 said:

Dan,

when you get done with your Grindr date you were telling us about in yesterday's comments section, remind yourself the market is actually DOWN from this update he did (referenced below, along with the comments section showing once again xxsmallPenis taking WRONG LONG positions, his only thing that is long, if you catch my drift, which I know you do, because you're into that LGB stuff too).

Depends on what timeline you're working with.

Are you a Warren Buffett style buy and hold type of guy? In which case short positions are actually currently profitable since the April update where Peter warned to not go long.

Or, do you prefer it like you prefer your Grindr dating life: ' wham bam thank you man ' dirty back seat day trades ?

In which case, yes the market is up from Jan of this year. Which by the way, xxsmall only wishes he could get it up stiff like this rally you're mentioning

But you need to be more specific when you say " the market is up 32% "

up 32% since when? and which

I know your 1 brain cell is working overtime for you. My point was Peter was as bullish as could be on yesterdays call . When Bears turn bullish. It’s often a shorting opportunity. After they did reverse a little yesterday, he is back to super bear. That’s NOT HOW YOU make money in the market. I trade set ups not collapsing theories

He does not have a brain cell! He is CLUELESS PARTY OF ONE

XXSPOWER127
XXSPOWER127

To all you sheep 🐑 out there why don't you look at the projections and see how many green projections there are to all you sheep 🐑 out there? Why don't you look at a video he did a few days ago and he said the best time to buy is before Labor Day and to sell on September 6. We still have many days before September 6. ?? LIKE I TOLD DUMB ACRONAAROON. LONG DEMOCRACK DIDNT LISTEN he watch u tube loll

fast3777
fast3777

Today is the 27th day of the 1987 &1929 crash analog. The analog is 27 +-1 day,but since Monday is a holiday I think the setup is now. We should reverse strongly and have a large red candle day. After all this is a Super Cycle Top and this is the wave two top.

fast3777
fast3777

The Bond market has also turned at roughly .66 pct retracement. A slowing recession economy with a War in Ukraine is very bearish for the UST market. Stocks cannot compete with a 6% short term rate. Food prices keep rising....Stagflation.

fast3777
fast3777

NVDA has double topped at 499 to 500

fast3777
fast3777

BTC is a good candidate for a large move downward today. Higher interest rates are bearish for Crypto.

fast3777
fast3777

In 1987 and 1929 there was a analog, that pattern was 27+-1 day. In those tops the analog lasted 28 days. So far today we have a Doji which is usually indecision and marks the end of a move. Markets are closed Monday but the Globex is open Sunday night with BTC,Japan,and Germany. https://i.postimg.cc/gJ5F4GRR/2023-09-01-07-06-59-SPX-4525-77-0-4-Unnamed-Brave.png

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arcon00224
arcon00224

XXSmallPenisPower if the markets drop at Rosh then you don't have much time left for a move up to break even with your long term loss. Looks like you're going Aaron Brickman on us with your Rosh stuff.

For anybody keeping track, Aaron Brickman notoriously used Rosh (or some other Jewish holy calendar) timing in 2022 to sell heavily short at the exact bottom and was very vocal about it last fall of 2022. He went on the Man In America podcast and then many others as well in the twitter finance universe (which is flat, not round).

check out the absurd smile and red beard and gigantic beaver teeth of the Man In America host. He looks more like a lying televangelist when I think about it: https://podcasts.apple.com/no/podcast/is-the-worst-market-crash-in-history-just-weeks-away/id1603141405?i=1000581845043

Aaron Brickman's timing was uncannily accurate, but he completely bombed on the direction and picked the exact opposite wrong direction, almost to the very day.

I need to go back in the archives a bit further to dig up some more of your incorrect upside projections xxxLargeLossesPower, but it appears you first began posting in these comment sections right around April 2022.

April of 2022: that's a top above our current numbers.

The top that's above your current underwater long position.

And going forward in time from April 2022 in different comments sections, you never posted any downside projections.
Only upside projections.

And you never posted anything resembling: "my April 2022 upside projections I posted in the comments sections have been invalidated, i.e. all long positions should be closed out guys"

So, you simply lose. Sorry. Numbers are numbers. And archived posts are your Achilles tendon in this case. (actually do baboons have Achilles tendons?)

You have a losing track record in the archives of this forum.

You self-identify as a winner.

But your 1099 from the broker identify you as a Realized Loss.

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fast3777
fast3777

In the Dow daily we now have a compact head and shoulders pattern the same pattern that appears in all distribution tops.

fast3777
fast3777

Once all the pieces for the Analog fall into place it tends to be a self fulfilling prophecy. I think it happens because prices just exhaust themselves. No more buyers.

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