Putting It On The Record

This is going to be a very short and concise statement as to be “On the record.” It was asked of me if I would do so in regards (he is one in the same that asked me to do it last time) to the discussion I just had with a colleague, so here it is in discussion form, (paraphrasing)…

Him: It looks like the markets are recovering and the idea of a “Santa Rally” is pretty much going back into full swing. Bitcoin is now back over $50K, Omicron looks like it’s going to be not as upsetting or dangerous (he sighted Dr. Fauci’s latest flip flop as his proof) so what are you thinking now?

My answer…

Me: We are possibly in the exact window where people like yourself thinking and rationalizing the day’s events and playing them out linearly get all your expectations absolutely crushed.

This is that moment, like the moment the water leaves the beach exposing so much sand, that everyone is just spell bound watching. Then, the water returns in such a fury it wipes out not only the onlookers, but the buildings, terrain and more in the equivalent of a heartbeat. (e.g., Tsunami)

That’s where I believe we are at this moment. And if I’m correct? People are going to be so shell shocked the entire psychological underpinnings as to what is and what is not, along with what can’t happen and can, is going to swing from one extreme to another and will cause such massive changes it will make people question everything go forward. Repeat: Everything.

Him: Really? By when?

Me: Within the next seven trading days. e.g., No later than Wednesday of next week.

Him: You really think that?

Me: Yes.

Him: Willing to put it out on your website confident?

Me: It’ll be up right after we hang up.

Him: I hope you’re wrong.

Me: So do I.

As always, we shall see. But there it is.

© 2021 Mark St.Cyr

Note: This is not trading or investing advice of any sort. This commentary is for “big picture” discussion purposes only. Please read, or re-read the “About This Site” page for any questions or clarifications.