John F. Carter (@johnfcarter) 's Twitter Profile
John F. Carter

@johnfcarter

INC 500 Entrepreneur (#21 in 2014). Author, Mastering the Trade. Options trader. Unschooler. Member: EO, YPO. Wondering if reality is only a Rorschach ink-blot.

ID: 17213701

linkhttp://www.SimplerTrading.com calendar_today06-11-2008 16:16:27

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The most recent cycle highs for Sept. 19-22, posted in the room a few weeks ago, have taken effect. The last time around, it took us back to the 34 EMA daily on the $SPX. If the same pattern plays out, looking for 6500 to the downside.

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At some point every trader learns that using excess margin is the act that guarantees future liquidation. Like applying a match to a string of fireworks. #CryptoCrash

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Bitcoin holders have a record amount of debt against their holdings. I'm hearing that 80K is the level where some of these holdings get liquidated. Markets are like sharks that can smell blood miles away. #Bitcoin

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After Pearl Harbor, my maternal grandfather, Frank, joined the army. He fought in Italy, took a massive wound, and was left for dead while the battle raged on. A week later, he was found, barely alive. He spent a year in a hospital overseas. When he returned home to Omaha, NE,

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Cut rates, they said. It'll be good, they said. $SPX Trading rule #1: "Don't lose your ass on a Friday." (credit to Tony LaPorta)

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The system is screaming, "MOAR Liqudiity Needed Now!" After all, there's $10 Trillion in debt rolling over the next 12 months. The action in #gold and #silver says it's coming.