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Strategies & Market Trends : Blockchain and Cryptocurrencies -- Ignore unavailable to you. Want to Upgrade?


To: Frank Pembleton who wrote (1029)10/12/2018 6:52:15 PM
From: Frank Pembleton  Respond to of 7698
 
just thinking about what Monday may bring...the Dow30 closed today with a black candlestick, albeit a hammer but it was flippin' black nevertheless...could we see a Black Monday on the near horizon? The way Nouriel Roubini acted at the congressional hearings, some people say he made a fool of himself but his body language indicated a symbolic banker rage, and a currency war is now imminent.

On Wednesday when all this hit the fan and the markets dropped over 800 points; my PM ETF did diddly squat, it was like they churned right out of equites and right into the US$, later the same thing happened in Japan as the Nikkei225 swooned and the yen strengthened - which led me to believe a snap back rally was eminent in the next day or so since no wealth was destroyed at the high levels of finance. But my view of that changed after yesterday's run on gold which sent my PM ETF up 15% ... the fear money went with gold, but banker tampering didn't allow a similar move in crypto.

If we get a Black Monday, will it be black for crytos too? If the bankers have their way (going by Nouriel Roubini's body language), expect more tampering and suppression as the markets fall apart.

anyway... still long and hoping for the best...no easy money, no matter which way you look at it.

Here's a tweet that is even more depressing after you read it twice




To: Frank Pembleton who wrote (1029)10/19/2018 2:50:43 PM
From: Claude Cormier  Read Replies (1) | Respond to of 7698
 
Are those many thousands PhD's that are working on very highteck projects in the private and public blockchain space, all crazy?