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Thursday, May 21, 2020

RISK OFF … SPEC STOPS GET TAKEN OUT IN BTC

“And those who bought at 10K, get the chance to sell at 9K!”

Before the NYSE opened, BTC was trading quite well, with a couple of good
algorithm buy trade signals … then came the message from “Stock Bellies”
going down, and Trump letting the ChiComs know “what’s what”, and suddenly
it’s “sell, Mortimer, sell”! … but hey, at least it trades, which is more than I can
say for traditional markets which stink.

Outside of early Europe trading action, I left BTC alone … instead, I focused on
what has to be one of the worst non-Holiday trading days ever seen in Cable
[GBPUSD] … what s serious bag of slop that turned out to be, with the daily
candlestick looking like an ink smudge … oh well.

Outta here … until tomorrow mi amigos … Onward & Upward!

Have a great day everybody!

-vegas


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