ONVO: A Chart

It should (without the lol). Thing is, this kind of crap was exposed as early as 1961. There was this movie actor, Richard Ney, who quit the Hollyweird scene and became a financial advisor. While his books (wrote 3) are out of print, I managed to snag used copies of them all. I could wax on and on about his revelations and how he was at the top of the NY Times Best Seller List, but could never get an interview with the NYT. I won't. First book was The Wallstreet Jungle, wherein he described how WS methodically screwed the retail investor.

Recall, 1961 was before anybody but the gummint had computers, no internet, nothing but snail mail and weekly paper-based newsletters. (I'm not trying to sell you anything here, but from his book jacket "even oil titan J.Paul Getty subscribed to the bi-weekly stock advice letter."

The dude used a freakin protractor (google it? ) and a parallel yard stick (two YS's hinged at two points to maintain angles and distances). And he had a huge table whereupon he laid out huge paper charts and used his tools to calculate where a stock could go before "they" changed directions.

So, the point being, that which you makes you sick is just a modern version of the same old same old that has been going on forever in the market.

Richard Ney's discovery was that there is a road map that accounted for the majority of the movements of stocks. Back then, the villains were the NYSE Specialists. These days, the villains are MIT math grads and the HF's that employ them, and HFT pipelines, and the constant leaks from the FED to the anointed.

But it's the same old game gone cyber. If you can, I'd recommend finding a copy of The Wallstreet Jungle by Richard Ney. Not for what it would inform you about this or that stock, but as background confirming that this market was never what the SEC Mission Statement says. It was always designed to fleece the sheep.

Point being, if things haven't changed since 1961, why would they ever change?

In war, in the military, soldiers who persist in the face of all odds get medals. I would dare to say, in the face of all odds against us, we who persist should also get some recognition. Apparently, that boils down to us. We must recognize our successes and congratulate ourselves. We must recognize our failures, and congratulate ourselves for maintaining. Amen.