SMC Update Week Ending 12-2-22 Recorded 12-3-22

12/03/2022


Comments (17)
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RichB
RichB

On 4.25.08, the VIX closed at 19.59 and the QQQ closed at 41.52. Sell signal? Wrong. 14 trading days later, the QQQ rose 6% to 44. There are no absolutes in trading.

alangr2269
alangr2269

I hope you go over the projections for TLT. It has been rising, interest are falling. You had an upside projections for TLT. Have they been met. If interest rates fall hard to make a continued bear market prediction. Thought inflation is still high and shipping rates are rock bottom would also indicated bearish tone. thanks

thomblas2051
thomblas2051

Peter just because a member tick you off with a vix comment it’s not fair for the rest of the members to watch you rant from the 8 min mark right to the end of the video to prove your point. All this while tlt, gold, are at critical point just to name a few. This was very disappointing

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mahesh28k2207
mahesh28k2207

Thank you for your time sir 🙏🏻hope you have better rest of weekend .

mahesh28k2207
mahesh28k2207

Thank you for your time sir 🙏🏻hope you have better rest of weekend .

m1.c70
m1.c70

I wish people would stop arguing and nitpicking with sometimes emotional comments. I sometimes wonder if they actual listen to your presentation (as per another comment on the VIX here - give me strength). Peter I hope you have better luck with your recording we are certainly entering critical times and would benefit from your analysis of other markets, though of course the app is helpful.

Peter Eliades
Peter Eliades

RichB said:

On 4.25.08, the VIX closed at 19.59 and the QQQ closed at 41.52. Sell signal? Wrong. 14 trading days later, the QQQ rose 6% to 44. There are no absolutes in trading.

Thanks for the lecture, Rich. I was using the SPX to research the indicator and you decided to cherry-pick the QQQs to contradict me and lecture me about absolutes in trading. Did you research other indexes to prove the indicator was even more wrong. I could swear I said basically the same thing about no absolutes, but 14 trading days after 4-25-08, SPX had rallied 1.8%, and from the high established fell 14.7% in 2 months and 52.5% to the subsequent market bottom less than a year later. Be you trader or investor, knowing and acting on that info would have you very happy... and perhaps stopped you from cherry picking to try to prove people wrong... :)

Peter Eliades
Peter Eliades

thomblas2051 said:

Peter just because a member tick you off with a vix comment it’s not fair for the rest of the members to watch you rant from the 8 min mark right to the end of the video to prove your point. All this while tlt, gold, are at critical point just to name a few. This was very disappointing

That VIX analysis might have appeared as a rant but I sincerely thought it was so important that I believe the time was well spent. There are, of course, no assurances it will work again but I am very happy to find something that has worked with that kind of consistency in the past and I believed it was truly important.I agree your stated entities are at some important levels and that's why I did such a long initial update. I apologize to you for not following up on my second update try, but my frustration level was exploding at that point. Early next week they will be dealt with. I would even consider doing a special update apart from the equities.

flippendales3072
flippendales3072

Thanks for the in depth VIX analysis Peter! Looking forward to see your take on Gold, TLT, BTC and ETH next week. Take care!

thomblas2051
thomblas2051

Peter Eliades said:

thomblas2051 said:

Peter just because a member tick you off with a vix comment it’s not fair for the rest of the members to watch you rant from the 8 min mark right to the end of the video to prove your point. All this while tlt, gold, are at critical point just to name a few. This was very disappointing

That VIX analysis might have appeared as a rant but I sincerely thought it was so important that I believe the time was well spent. There are, of course, no assurances it will work again but I am very happy to find something that has worked with that kind of consistency in the past and I believed it was truly important.I agree your stated entities are at some important levels and that's why I did such a long initial update. I apologize to you for not following up on my second update try, but my frustration level was exploding at that point. Early next week they will be dealt with. I would even consider doing a special update apart from the equities.

Appreciate the response Peter, take some time to clear your frustrations when your ready we’ll be here

David.R
David.R

Hi Everyone, I have been following Peter’s work for the past year now, and it’s been absolutely incredible! I spend 10-20K on different services, subscriptions and educational services almost every year and Peter’s service is surprisingly the least expensive and the most accurate from all of them. Peter, I want to thank you for that! The thing is that it’s not an exact science, and that it’s not always right on time, so I learned to simply scale into my positions using Peter’s predictions. The last VIX comments are correct, but notice that most of them especially the last one on Aug 10th under the VIX was under 20 and it took 8 days until the SPY sold off. I scaled in starting Aug 10th, and by the 18th had my full position built. So far I have been listing and learning Peter’s methods daily which made me over 6 figures in profits this year. Keep it up Peter, and God bless You!!! 🙏🏻 I think the SPY will start selling off starting another week this time around as well, towards Powell’s speech. I’ll continue to accumulate my short positions in a meanwhile

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dcarter8883312
dcarter8883312

Peter My advice is don’t let the trolls upset you. If they can’t ask a question in a ‘respectful manner’ contact them offline with an offer of a refund for last month and cancel their subscription. The adults in the chat understand how complex markets are there is no one silver bullet. I love your long updates because I’m new to your service and thirst for understanding of your system. Peter— be a duck 🦆 let the water roll off your back. Thank You! ~Dorothy

brian1469
brian1469

Peter thank you for taking the time. I can understand the frustration. It would be nice if some people showed some respect around here.

XXSPOWER127
XXSPOWER127

Glad you went over the 57 trading days and the speed resistance lines from last week. Ohhh… right. Let’s see how they fair THIS week.

brian1469
brian1469

dcarter8883312 said:

Peter My advice is don’t let the trolls upset you. If they can’t ask a question in a ‘respectful manner’ contact them offline with an offer of a refund for last month and cancel their subscription. The adults in the chat understand how complex markets are there is no one silver bullet. I love your long updates because I’m new to your service and thirst for understanding of your system. Peter— be a duck 🦆 let the water roll off your back. Thank You! ~Dorothy

I agree just cancel some of these trolls on here they bring nothing to the table and just complain because they can't make a decision on there own

Tima
Tima

Thanks Peter, appreciate your time spent on this!

Peter Eliades
Peter Eliades

dcarter8883312 said:

Peter My advice is don’t let the trolls upset you. If they can’t ask a question in a ‘respectful manner’ contact them offline with an offer of a refund for last month and cancel their subscription. The adults in the chat understand how complex markets are there is no one silver bullet. I love your long updates because I’m new to your service and thirst for understanding of your system. Peter— be a duck 🦆 let the water roll off your back. Thank You! ~Dorothy

Quack! Quack! Thank you, Dorothy!!

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