I didn't post past few days as nothing has changed. The world is...

I didn't post past few days as nothing has changed. The world is fine. And no change to my TLS analysis.

Observations: Positive divergence of RSI vs Price, TLS has outperformed XAO and CBA, BHP by the amounts shown and notice past 8 days all green candles on TLS. That is very interesting behaviour.

This outperformance of TLS vs XAO is reminiscent of 2011 and 2012 when TLS started rising and rising. The recent event has actually corrected many things and this behaviour of late has helped TLS catch up to XAO, "bridging" the gap is at work.

TLS, has opened low on the shocks and closed higher than the shock open. Good.

What happened past 10 days is kind of reminiscent of 9 August 2011.

As Elon Musk says, the corona panic is dumb. That is it, it is panic. And panic is useless  in a time when usefulness is needed.

I thought Elon was a fellow aerospace engineer. But he is a physicist by degree with self taught aerospace knowledge. The dude has an impressive IQ according to Google. To the right hand side in the gifted area. I have respect for high IQ people. They see things more clearly and present a different view to the crowd. It's like a 351 in3 V8 (5800cc V8 vs a 998cc mini Morris) of brain.

Although the ladies fighting over toilet paper are sweet and lovely, they are most likely towards the left hand side of the chart.

The markets started to rise and had risen too far after 24 December 2018. I always felt there was something not right about that recover from 24 December 2018. As, I remember clearly at that time, the world was ending and markets were going to continue falling. I was down 40k on NAB. But, suddenly, on 27 December 2018, there was a bounce and all the fear was forgotten. What ensued was a huge rally from XAO 5478 to 7289, 33%.

This is just a good old healthy correction.

But make no mistake, the world markets are manipulated. You will lose your money if you are no aware of the manipulation and how it all works.

I caution you to only buy in sever and extreme oversold conditions. Otherwise, you will fall victim and your money will be transferred to other peoples accounts (legally).

Back to the situation, the bonus is, there are no banks collapsing, US economy is strong, jobs good. AND they just gave a 0.5% rate cut, we had a 0.25% cut, AND we now have oil and pump prices down (another form of rate cut, given all the mums driving big SUV's these days). Three gifts just given to us, with the strong world economy, no bank collapses. China will fire up again very soon. The only panic is about corona and toilet paper. That is different to Lehman brothers, sub prime and Bank of America being bought by Warren Buffett. And these days the FED and RBA have the experience of 2008. That is why they immediately cut rates.

Corona is over rated because it is a new thing and we have more efficient media now. People are mentally weak and watching every headline. And the headlines feeding through every hour. More people need to do some military service. More push ups and jogging, less cake and sugar and more vegetables and oranges and more good sex. I'm looking for some corona to eat, but can't find any. Very small percentage around.

Back to TLS, what happened today was money taken out of TLS and used elsewhere to buy bargains. BHP, NAB, WBC, CBA gifts. Absolute gifts.

TLS, we need $3.59 for a start. Then arrive to the top of that plunge bar of 25 Feb at $3.65. If it can't get above $3.65, that's bearish. If good, then onto $3.80's. We watch it carefully in the $3.80's. Needs to hold there and be interested in more. If not, then bearish.

I still feel this is the start of Wave 5. If yes, then $4.00 and $4.15. At $4.15-$4.20, get out. And let the world end.

Of course everyone would like to sell high and buy low, buy low and sell high. Human nature. But there is every possibility for TLS=$6.00 in 5 years. We need to see the 5G unfold, new management (Elon Musk) and possible sum of parts (infra co) equal more than TLS on its own.

For the youngsters out there starting out with stocks, observe this recent event and don't forget how it works. Dump and pump. And all controlled by big money and corrections we have to have. Don't fall victim. Don't touch the stock market until you read up for at least 1 year full time 8 hrs per day. And master charts.

I wonder what IQ Scott Morrison has.

Sitting on a 40k loss. But all good. And good evening.