Starting it off.

That 'should' be it for the insane make it all back off the ABCD bounce, at least for the moment. All went exactly as planned, though, and what 'easy' trading it all was. Best anyone could ever ask for, in my opinion.

Watch the bullish ABCD sweep here.

BTW, CYNC hit 21.95 today. That makes the market cap $6.4 billion. Remember, they have one employee (the CEO), $39 in assets, no revenue, no product, no website, if the data is correct had losses of over $1.5 million, and are based in Belize. Sounds like a reason it should go from 8 cents to 21.95, a 36,583% increase in a few days. Nah, there's no speculation out there. What there isn't is a rule of law. At least it's hitting the mainstream media now, and is dropping rapidly, so maybe it's over. Except all the money they made with the pump and dump.

Short side looking great now. First short was dead off the backtest area, then down to an ABCD (bypassing two incredible areas first, though), up dead to a key line area, now down nicely, all in smooth trends, and large move sizes. This action rates a 12 on a scale of 1 to 10, in my opinion.

Now, watch in here, it might be done.

Sure acts like it may get to 50.00-51.50, say. I'd think it would be done right here.

How odd. After all that selling, on volume, it stops dead and goes into a one tick range for eight minutes, on very low volume. Bizarre.

I wish it would just get moving up, get it over with...

So, this is what recovery looks like in 'exceptional' AmeriKa? 2008 was the 'wave 1' (crisis-wise), and I have less than zero doubt 'Wave 3' is going to be quite an extended wave, not one of those 1.618 multiples of 'Wave 1' (again, in severity of crisis, not stock market values). I've been saying for a long time now "America is gone". Now I see I'm not the only one. The whole planet is gone.

If any written history survives (something I'm not so sure about), they will look back at this period, of when we were in the eye of the storm, a storm that gained a tremendous amount of strength while we were in the eye, and muse about how no population in history has ever deluded themselves this much (not just the U.S, but the world, as I see Europe being a bit worse off than we are (yes, I think, mathematically, that's the case), and Japan and China as complete jokes). They will wonder how we could even do this, pretend we are fine when the world was burning around us (normalcy bias to the umpteenth power), waste the only chance we had to salvage something, and we just sat back, let the power-mongers make it a lot worse, loot us fully and completely.

But, I've come to conclude it just has to play out this way. Something worse then WWII and all that suffering just is in the cards, it has to happen. It has to, because we didn't do anything to stop the groundwork from being laid over the decades. Bye, Bye, AmeriKa, and world. Bye-Bye.

http://www.theburningplatform.com/2014/07/10/shock-report-70-million-people-would-be-starving-in-the-streets-without-government-welfare-programs/