Aug

16

Volume gave nothing yesterday. It’s a good sign Monday will continue through today, and the 20 constant mat convexity is only 3 1/2 over linear.

It should be a stronger day in the end than the open might indicate.

Kim Zussman writes: 

So how will we know when the 8 year old “buy the dip” (slightest, shortest, before you blink) trading strategy will stop printing exponential bitcoin?

Ralph Vince writes: 

Everyone is waiting on “the dip”, and more than that in numbers are the grumblers who are and have been short or not aboard at all.

It’s the 1980s, but on steroids this time. Giant transformations - far bigger than reactionary politics - were in place a year ago and are just beginning to manifest.

Like the man on the loudspeaker at the trotter track says, “Do NOT get shut out.”


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