Friday, July 10, 2015

Manic to Panic: Social Mood Will Open Limit Down

This hollow illusion propagated solely by the fakest of people throwing everything away, is fraying around the riots.

All that's left of this con job is the instant when the herd of dumbfucks realizes they're just a herd of dumbfucks. Led by much bigger dumbfucks...

Value line Geometric w/failed manic overthrow:




The real economy is missing in action, which leaves just momentum - the almighty CasinoConomy. That liquidity sponsored self-delusion, supported solely by the willingness of the marginal dumbfuck to throw their life savings away while pretending to be momentarily wealthy. Only to be CYNK'd back to reality overnight. Shanghai style.

Today, Janet Yellen stared into her magic 8 ball and said that the economy will float back sometime later this year after a 6 year vacation in China. Unfortunately it's way too late for all of that chicanery:

One of these "recoveries" is not like the others...
One year forward interest rates and Consumer Sentimentality. 



Everything momentum will get CYNK'd:

There were many many ways to hang oneself in this cycle, here are the major ones: Biotech (blue), Solar (purple), Chinese halted stocks (green), Bitcoin (black), Gold, Fracking (red):



"In the end the dollar CYNK'd all of them". 

DEFLATION