I watched approx. 7 seconds of it at some random point. The guy is a squirrely-voiced, know-nothing who does not have his own money in the market. NEXT!
I watched for about 5 secs and that's it. years ago, I'd have watched it repeatedly. I actually enjoy watching video about experts taking about bitcoin going to hit $1000 000. very entertaining.
Its actually a good video. The thesis of his point is that the rally has been liquidity driven and probabilistically, it doesn't make sense to be in the market. And this is of course a good conclusion to arrive at. But as I've been saying in this thread, this time it is different. The FED took it upon themselves to take over the reigns of the direction of the market, so you really can't use any previous data that would show you what is statistically the best thing to do. Its like taking a world expert blackjack player who knows all his stats of what to do for each hand, but all of the sudden changing the rules that states instead of going bust above 21, you can continue to hit on 19 or 20 because you won't go bust. This will totally change how you play the game. This is what the FED did, and as far back as 2007 people say, but its only very obvious now. The game is different now I'm afraid, until the FED completely loses the ability to pull the strings.
+1 I like the way he speaks and express complicated concepts(for general audience), into accesible ones. Always pleasure to listen. Sometimes an unintentional joke, pomps out too. Like the one, from one of his speeches, in an episode about risk in markets of 07's : (with surprised mimic on his face) ,,you could have seen articles in the media, that Wallstreet, sliced and diced risk so finely and so well, that it's essentially - gone" An idea of a gift, for someone who is in this game as well : buy an authentic newspaper, with a headline like that, from those days, prior to crash. Frame it. Wrapp it. Or even older, prior to 00's or BM. A good reminder for a friend, to always watch-out.
sigh. I have already reached wealth preservation stage. The whole point of this thread is I want YOU to also have unlimited virgins.
well, up pretty big now, no? lol.... i think it qualifies for an over night move, and likely will go a bit higher after the open. the point is you gotta trade the people... I have my method and there were also several live calls in 'trading is easy', hit rate so far is like 100%.... trading the people is far superior than trading the chart. these signals don't come every day though, you want to watch the dumb money movement and it will be clear on some days. call your bank. NOW.
And. If I tell you it will rally big into the close and it turns out to be true, will you call your bank lol. or is this dozu guy just shooting from the hips with pure luck lol.