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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Logain Ablar who wrote (184127)2/18/2022 12:58:47 PM
From: sense  Respond to of 217714
 
My charting says "buy"... in December... "sell" now... looking peaky...

It's got a large number of shares out...

Haven't looked at the debt issue... which is GTE's biggest risk factor... but, rapidly shrinking... well ahead of schedule... with oil > $80...

And, not yet buying that oil is moving lower, yet... seeing there is some conflict in the charts between the recent patterns stair-stepping oil higher... which are saying we might see it pull back for a few weeks... and the underlying trade in the momentum... the volume, NVI and ADL and price action... the UI and KSTsaying its actually nearer the lows than a peak right now...

UI in particular... on a weekly chart... stuck at 9 since December... saying right now we're "low" relative to the market just as we were at the bottom in December... And UI has been RISING with the price ?

Says oil is either dropping to $70... or exploding to $120... The conflict in the charts saying... which ever way it moves... it might make a big move ? If oil crashes... below $70... it will probably be because the market crashes. If the market doesn't crash... oil to $110 - $120 ?

I think the move today in the short term charts... moving it to the bottom of the 10 day bollies... is likely tied to "market noise"... as is the trade in everything, today... with Biden clearly making a fool of himself... or, being made or played for a fool, seriously played by Putin... or, cooperating with him in trying to take the market down ? Whatever the truth of the situation... which there is no way to independently confirm... it still has Biden doing all he can to tank the market with more of the same in Democrats and MSM flogging the serial "Russia, Russia, Russia" threats... They've flogged that BS for years... seem determined to cause a war... the key perhaps being "seem"...

In any case... they are ramping up FEAR in the market... that probably the key point of the effort... just making a trade of it with the "fear on" trade this week... and, perhaps, will "declare victory" with an "our preparedness prevented it" narrative after the meeting next week ?

Still looks like total BS to me...

They're clearly cooperating to extend that damage being done to the markets this week... but by setting up a meeting for late next week... leaves another whole week of "Russia, Russia, Russia" threats dominating headlines ?

Here's $WTIC on the weekly