21 People Died Because It Moved Slow
By Prof. Jeffrey Bierman, CMT
On January 15th, 1919, a storage tank in Boston burst and released 2.3 million gallons of molasses.
A 40-foot wave crushed buildings, buckled elevated railroad tracks, and killed 21 people. The victims never saw it coming because molasses moves slow. It looks harmless. It lulls you into thinking you have time.
That is exactly what this market is doing to you right now.
I have traded for 39 years. I can see the pressure building in the weekly charts. The histogram bars are picking up steam. The stochastic is rolling over. The S&P is grinding sideways while individual stocks get destroyed on earnings.
You are being lulled like a fly into a Venus fly trap.
When that tank finally bursts, you will not get a warning. You will get a gap down that erases months of gains in a single session.
Here is what the pressure gauge looks like right now.
Genesis COG just closed our Devon Energy (DVN) position for a +30% gain…
…while everyone else is losing their shirts.
I know EXACTLY how the algorithms that run this market operate…what they analyze…how they'll react.
Most traders and funds fumble around, hoping to catch a lucky break. I make my own luck happen.
In my latest video, I detail precisely how I do this. Once you see how markets operate, it opens up a whole new world.
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