Here comes the scare

Fool me once....

Now, 3000 DJIA points up since the last letter of 1 April, and we see change afoot worth mentioning.

First, someone made off with my laptop in Barcelona. I blame myself of course. Fortunately, most everything I do is on a VM, I keep cloud-based copied, so I’m able to carry on, albeit with these annoying AZERTY keyboards.

However, some prop-based software I used required it be installed on the main computer, not the VM itself, so I likely must make due without that until I return to the US, God-knows-when.

With a fine public health official, the good Dr. David Morens, of failing memory, indicted (criminal indictments in US federal court see a 98% conviction rate), a recent Supreme Court ruling trying to contain racial gerrymandering, desperation demands that it’s time to return to the election playbook of 2020.

All of this wouldn’t mean anything whatsoever to me in the markets, except for a complicit media which will take the weekend (a long weekend already on in most of Europe (VE day), expect the noise machine and lemming leadership entities to crank up the contagion fears.

Another IQ test.

And the numbers in the markets support a brief, perhaps violent selloff with this weekend at the pivot. We have the volume set up for this. We need to get below 708 SPY with some serious volume (or serious lack thereof), we need to see another spike in VIX of some magnitude (and shrink) and we’ll be at another great buy point.

It might be a good idea to lay on some hedges for a few days over this weekend. We’ve heard this tune before.

Nevertheless, it won’t be the same this time as March 2020. Regardless of the actual health implications going on, there’s a credibility issue not just with public health, government, media, etc., but with medicine in general, as well. No one but the crazies will be masking up this time, or paying any heed to other “public health measures” that haven’t really changed much since 1350.

And the numbers tell us to expect a good, short-term crack to prices now, laid at our feet. After which, we’re at another great buy point.

Not a Spring 2020, government-spending-infused buy point (will not happen unless the market loses 50%; inflation fears rightly abound) but a magnificent technical buy point. We are out of the recent “Period of Extreme Vulnerability,” as defined by daily new lows (and cannot re-enter one until later this Summer, at he earliest), and the rest of the economic numbers coming in are solid in the main.

I can’t be sure, maybe it wont be a new, public health, media-induced, “Get TRUMP!” panic attempt, maybe it might be the obliteration of Kharg Island or something unforeseen altogether. But we’re on the cusp of something that should crack prices hard for a very brief day or few, at least according to the numbers, and set up a wonderful buy point for us into the Summer.

Lemnicoin

The European Patent Filing will happen any day this month. After which, owners of both Bitcoin and Lemnicoin, in at least a 1-to-1 ratio, will have their Bitcoin be both quantum-resistant and wallet-theft proof. Until then, I cant go into the specifics of hos this works, except it isn’t contingent on anything changing with Bitcoin or anything else. The genius in this is that it uses existing technology, is hiding in plain sight, and very simple.

And as it stands, there’s only about 1 LEMNI for every 2 BTC out there. Not every BTC holder will be able to get this kind of protection. Get the picture?