SMC Update 9-6-23

09/06/2023


Comments (6)
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m1.c70
m1.c70

Sorry to be persistent Peter but please could you cover at the weekend the disparity between your oil CL analysis and the USO long term targets on the web app with a minimum target of 111 on USO on the longest time period weekly on the app (with much lower targets recently invalidated at next shorter weekly than the longest).

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fast3777
fast3777

A series of nested 1,2's in the Dow. This will get nasty. Japan has topped. The 3rd wave should began in earnest to the downside when this bounce is finished.

fast3777
fast3777

UNH for an example is in a 3rd wave since July 26th and is progressing down in 1,2,1,2,1 and in 2 now with a acceleration down in a 3 of 3 of 3.....could start to waterfall down from 483'ish, a long way down. IMHO.

fast3777
fast3777

When the 3rd wave hits...will all the "dark pool" buyback shares start dumping? There are a lot of elephants in the closet but dumping stock because most of it is held with collateral by the big banks....same thing happened in 1929. Only a matter of time.

John_cash9154493
John_cash9154493

brian1469 said:

NVDA a total fraud with Coreweave news their CEO has sold 42 million worth of shares in the last week.

I hope that guy gets thrown in the slammer and my puts can finally pay after all the BS he pulled this summer on my core position

AI was such a scam, After Silicon Valley Bank the tech community needed a way to cash out

Coreweave is probably was front for Chinese. They think the Ban is coming soon. Buy and stock pile like what Huawei did before the Ban

fast3777
fast3777

Tomorrow will be either a typical expiration(pinned day) or a blood letting.

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