BlogHide Resteemsyankee-statman (61)in cryptocurrency • 6 years agoBITCOIN 3400...STEEM .246!! SEE if STATMAN is finally saying BUY!! THE DOW-JONES rallied furiously AFTER we called for the rally at 24,500...we comment!Good morning friends. See the chart below of the horribly oversold BTC. We are concerned and for STEEM, well, that may be another story. I'm asking you for your opinions! I always welcome them. I…yankee-statman (61)in investing • 6 years agoDOW-JONES down another 500! We called it here yesterday. BACK to 24,500. SPECS now shorting AFTER 1300 point slide!! CHINA TRADE FEARS at the ROOT....."got gold? STATMAN commentsGood morning friends..Well Mr. Market as I wrote yesterday takes no prisoners. What alarmed me as I wrote yesterday after the 800 point debacle Tuesday was the surge in bullish positions near the…yankee-statman (61)in cryptocurrency • 6 years agoSTATMAN comments on BTC, STEEM (now under .30) THE DOW-JONES and precious metals (the train has left the station). We take "no prisoners".Good afternoon my friends, this Wednesday, Dec 5th. We haven't posted in about one week. We saw BTC attempt to hold 4000 and we last wrote with SENTIMENT about 74%-26% bulls-bears (IG London)…yankee-statman (61)in money • 6 years agoSPX up 1.77% today! Dow-Jones up well over 500! Do we take profits here on our 'spot on' buy of last week? WATCH gold and silver as FED tips hand!Good afternoon my Steemian Friends. The US indexes are finishing a monster move today and we have a 3% gain in just a few trading days. We are up about 750 Dow -Jones points and at least 80 in the…yankee-statman (61)in cryptocurrency • 6 years agoBITCOIN recaptures 4000 on improved SENTIMENT. And, THE US STOCK INDICES to show strength on the EXCELLENT SENTIMENT numbers we reported recently right at the bottom. STATMAN comments!Good morning my friends from chilly tampa Bay, Florida...40 degrees this A.M. With BTC now back above 4000 (4150) we are seeing the IG (LONDON) client sentiment readings at 73-27 (bull-bears). At…yankee-statman (61)in cryptocurrency • 6 years agoSee what this respected analyst just posted about BITCOIN. Where was he at 15,000!! I'll give "our opinion".......Good morning my friends. As BTC struggles to regain 4000 I'm seeing (as I wrote Saturday) positive signs. WE are not going to write of our track record only to say we've since the sell at 15.000…yankee-statman (61)in cryptocurrency • 6 years agoBTC now in another free fall 3777 BUT with 66% increase in SHORTS can the tide TURN? STAY tuned...can we AGAIN call the TURN?It is Saturday late afternoon here on the west coast of Florida. It is not with delight that I write what I'm seeing. And certainly I do not want to say "I told you so", but I guess I did. We…yankee-statman (61)in cryptocurrency • 6 years agoBITCOIN 4450 Late WEDNESDAY. Client sentiment improves 50% w.o.w. but is it enough to turn the tide? The DOW-JONES gets the 200 point bounce. Now what?Good afternoon my friends. I'd love to be the purveyor of good news. There is some in the BTC arena. That is, shorts week over week are up 50 %!. But that tells you precisely why were REAL…yankee-statman (61)in investing • 6 years agoDOW-JONES down well over 500 at strong support should mount a rally...but be very very careful and nimble.It is just a little before noon on Florida's west coast. With the Dow Jones down near 500 points to AGAIN the 24,500 level, there is support and SENTIMENT has improves enough so we'll mount a…yankee-statman (61)in cryptocurrency • 6 years agoBITCOIN @ 4400 and NOW a 30 percent increase in SHORTS since our call of "DOWN" about 10 days ago. SENTIMENT again points the way! WHAT NOW!Good morning my friends. First of all I take no joy in being "right" especially regarding ann entity I have a vested interest in. While I enjoy putting out these reports and I do enjoy the fact I…yankee-statman (61)in investing • 6 years agoA STATMAN weekend report..SILVER and GOLD: SUPER BULLISH NEWS. The train likely is leaving the station.It is Saturday almost noon on Florida's west coast and there is some positive news to report especially for the precious metals investor. We are not just bullish here, we're supper…yankee-statman (61)in cryptocurrency • 6 years agoWe called a 500 point rally in yesterday's DOW-JONES within MINUTES...and OUT! What's ahead? BTC serious damage done says one top analyst, and GOLD..off to the races? STATMAN COMMENTSThe Dow-Jones index on a 250 point decline yesterday did so with SENTIMENT the most bullish of anytime this year. I wrote BUY it with tight stops NOW. And, you can be sure we were out long before…yankee-statman (61)in investing • 6 years agoThe Dow-Jones down another 250 points. We see signs of a rally here! Gold and Silver just "might" be on their way.BTC shows no sign of bullishness. Statman comments.Good morning my friends, with the Dow down another 250 we see extreme pessimism in the market. In fact it is surpassing the October low at about 24,000 Dow. This is the most bullish put call ratio…yankee-statman (61)in cryptocurrency • 6 years agoBITCOIN DROPS HARD, now 5740 with a 500 point decline. SENTIMENT told us the "break" would likely be down. What next?Good afternoon my friends. I am not pleased to say "we told you so", as I am a big fan of Steem and BTC and we all want to see this thing increase in value. In fact I've asked you what is it going…yankee-statman (61)in investing • 6 years agoOIL at 56.00 per barrel is no surprise (see the 5 year chart). STATMAN believes much higher prices are in the distant future after further near term weakness.How quickly people forget that 56.00 per barrel oil is quite normal. After all we actually had oil priced very briefly at 26 dollars per barrel less than three years ago! And while I beleive lower…yankee-statman (61)in investing • 6 years agoMajor warning: Crisis in China is turning into a panic.Is a worldwide financial crisis at the doorstep? STATMAN comments.Good evening my friends. Another interesting day at the market. All the news is OIL down to 55.00 per barrel. I do recall that not so long ago it was 39.00 per barrel and so out of favor that we…yankee-statman (61)in gold • 6 years agoSTATMAN comments on the DOW..(down earlier 485 points) at 25,550. Were we correct in announcing in Sept. "game over"? Gold may approach the lower 1100's and "the legend's" target. Be prepared! BTC: 6315 and listless. We give our opinion as always!Good afternoon my friends. Well we don't hedge here! Look at the reports of last week. We said with the don't worry be happy crowd jumping in the equity market 700 points higher than today's 25,550…yankee-statman (61)in cryptocurrency • 6 years agoSTATMAN looks at the DOW-JONES! Time to cash in on the rally...or can they push it higher! Gold (and silver) commentary and BTC. It continues meander sideways and not to our surprise.Good morning my friends. well, the Dow - Jones (see the chart) went almost exactly as we thought and wrote of two days back, the 26,200 level. If you bought the 24,500 level (or lower) in October…yankee-statman (61)in cryptocurrency • 6 years agoDOW-JONES surges another 250 points with post election rally. BTC inches above 6500. Statman comments on both markets.Good morning my friends. Let's look at the US equity market. And as we said buy (for a trade) at 24,500 in early October after the nasty 2500 point selloff produced great SENTIMENT (better than…yankee-statman (61)in investing • 6 years agoStatman looks at the SPX Index. We have called an end to the BULL market. Let's see if there is more to a countertrend rally before the final "curtain call". Plus, a word on BTC.Good morning my friends. Let's refer to the S and P (SPX) index above. It is presently 2726 on the open this morning. You can see that it topped at 2940 ( as the dow was 26,996.) in early…
