XJO 0.83% 8,199.5 s&p/asx 200

"Looking at so many charts of late, the velocity of the candles...

  1. 783 Posts.
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    "Looking at so many charts of late, the velocity of the candles has been astounding. I attribute this to either short squeezes ( MIN) for eg , and in the case of ETFs, blind BBB euphortia piling them them back into ther favoutite equities at a great rate of knots, especially lithium. The commodity price is of no matter.....This is from one of my scans, some real corkers (or maybe crokers ) in there."

    I hear what you're saying, still a few more gambling addicts out there chasing dreams to end up losing it all, again.

    Also is it just me or whenever the Fed needs to drop rates/pump more cheap money to continue inflating asset prices further in this debt based ponzi scheme system, there's always some "event" that occurs around the same time and is used as an excuse e.g. bank failure, virus, war etc. The playbook appears similar every time.
 
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