The simple answer is absolutely not!
Waters is a wacko there is no doubt about that, sadly she is not the only one.
Sean always does a fair job when he reports and he is spot on with this report.
Earlier today President Trump met with congressional members to discuss ongoing legislation and the current state of DC politics. Unlike prior administrations who promised ‘transparency’…
Source: President Trump Holds Congressional Listening Session – Video Remarks…
QUESTION: Marty is the rumor true that there is huge short-covering going on that is taking the US share market higher?
ANSWER: Of course. As I have stated, our model tends to show the point of no return is in the 23000 level, not here. This rally since 2009 has been the most BEARISH rally ever in history. Think of this like the mirror image of gold. Gold has declined for 5 years and you have people screaming here we go with ever $20 rally. In the stock market, it has been exactly the opposite. Every time the market decline, they say here we go it will crash by 70-90%.
This is what I mean that the MAJORITY must always be wrong for they are the fuel that moves markets. I have been stating persistently that the Dow cannot “C R A S H” when the majority are bearish and retail participation is at historic lows (see Gallup poll).
The only buyers have been due to the dollar, and sophisticated traders. The bulk of everyone else are BEARISH and cannot bring themselves to buy for they are still fighting the last rally in 2007 when they got caught.
So yes, there has been serious short-covering. That has been the bulk of this immediate rally and the relentless new highs each day. Only when the market crosses the 23,500 level do we see people surrendering and saying S H I T this is just going up. Until then, it will rally to each of our levels, stop briefly, and then proceed as long as we do not hit a turning point in TIME.
Others will point to this to then proclaim – See. This rally is not real and it will crash by 90% any moment now. This is why it is not over until the fat lady sings – or perhaps in this case, goes broke and screams.
Here is the gold low in 1985. It bottomed on February 26th and on March 18th-19th a panic short-covering began. It was not people going long. It was shorts in panic. Merrill Lynch at that time hired me to TEACH one of their clients in Switzerland how to trade. They said they would pay all expenses and pay my hourly rate for the entire time even sleeping. I ask who the hell was this? It turned out he created the biggest deficit in history up to that point $25 million in gold. He was short and that is the loss over and above what he had in the account. Keep in mind the biggest hedge fund was $100 million back then.
It is routinely short-covering that created the major breakouts and lows, just as it is panic selling from longs that cement major highs. This is why I say after years of being called in to some of the biggest disasters in trading over the last 40 years, my conclusion is simply the MAJORITY must always be wrong.
McCain is a traitor to his country and at minimum must be impeached.
Secretary of State McCain? …….nope Senator McCain. Ambassador McCain? ………..nope Senator McCain. Authorized visit? Who authorized THIS meeting? D.C.s political establishment, the elite do as they please! McCain has a long history of building unauthorized ties and relationships…… Flynn forced to resign? Ohhhhh the hypocrisy. Clinton, Hillary and Slick Willie […]
via RULING, SECRETIVE SHADOWS — Arlin Report
Reblogged on kommonsentsjane/blogkommonsents.
It looks like John McCain and Lindsey Graham have their own private war going on. This war is against the American people and not the Middle East. Trump’s administration has to part the waves and have these men understand they are representatives in the Senate – NOT THE CABINET. They need to be brought down to size and stop working on the sidelines with foreign governments.
kommonsentsjane
What Lynch did was clearly unconstitutional and her directive must be reversed.
Patriotic Viral News
Loretta Lynch Stabbed the American People in the Back in her Last Days in Office
The NSA has the ability to monitor just about any form of communication sent and received in the United States. It also has a network that reaches out into other regions around the world, although we don’t know the full extent of this.
When news regarding the NSA “snooping” on citizens of the United States first came to life, many liberals broke down and completely lost their minds. They immediately went to the idea of Big Brother or George Orwell’s timeless classic “1984.” However, what many of these individuals did not know, or at least failed to comprehend, is that communication monitoring has occurred more or less since the beginning of human civilization.
Since humans started to come together and build societies, rulers have continually wanted an ear to the ground in…
View original post 204 more words
Progressives from both parties will tell you what their handlers want to tell you, and since the handlers have the money the progressives say yes Sir or Ma’am and then they go out and tell the masses what they must do.
Patriotic Viral News
Top Democrats All Agree with Trump’s Immigration Plans
Liberals love to bicker with every single thing the President of the United States has been doing since he took office. However, his entire immigration stance comes from exact quotes taken from top Democrats, including former President Obama and former Secretary of State Hillary Clinton made while in office.
Yet, if you were to bring up these ideas in an open conversation with a liberal, they would either deny it or say it is completely different. The fact of the matter is what President Trump is doing is completely in line with what top Democrats have been saying for a long time.
Many immigrants who come up from Mexico do put in quality work on fields that may not be done otherwise. Many are hard-working and are willing to do whatever it takes to get their job done. Many…
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To progressive’s there is only one thing on their minds Power and Money for themselves; and to get that they will do or say anything!
The Horn News
National News
Elizabeth Warren SLAMMED by MLK’s family
February 11, 2017
Democrats were whipped into a fury after Massachusetts Sen. Elizabeth Warren was silenced by Republican senators for unfair attacks against Attorney General Jeff Sessions.
Shocking leaked tape too controversial for CNN (watch here) [sponsored]
Warren was using a letter by Dr. Martin Luther King, Jr’s wife as a personal attack against Session’s character… and that’s not sitting well with Dr. King’s family.
King’s niece, Alveda King, destroyed Warren in an appearance on Fox News’ “Fox & Friends” early Friday, saying the liberal senator was playing a shameful race card.
King also said Warren was unfairly cherry picking her aunt’s words to suit the argument, implying her aunt’s stance of immigration wasn’t as convenient for the liberals.
It’s a common liberal attack plan. They substitute feelings for facts, and stir up emotions to manipulate voter opinion.
kommonsentsjane
Lets hope McConnell has the backbone to stand up to real pressure as is just now building up!
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