MARKET FEBRUARY 23, 2021

[update Service email]

I HAVE MIXED FEELING.. HOORAY .. THAT MY FORESIGHT IN A MARKET TOP - FINALLY CLIMAXED.. BUT PITY FOR THOSE TRAPPED ON THE GAP DOWN DAYS AND NOW WITH IRREVERSIBLE LOSSES AND TRAPPED... UNLESS OF COURSE .. THEY HAVE THE WIT TO SELL SHORT OR BUY A BEAR ETF LIKE SQQQ.. ANYWAY.. EACH SUCCEEDING THE DROPS ARE GETTING MORE SEVERE.  

THERE IS USUALLY A SHORT COVERING RALLY WHICH HAS BEEN LASTING UNTIL ABOUT 2PM NY.. AND THEN GETS HAMMERED AGAIN.. THAT IS THE DANCE STEP.. I HAVE GONE THROUGH THIS EXPIERINCE AS A BROKER. ASST V.P. FOR DEAN WITTHER ..SAME TIME FRAME, SAME OFFICE,

SAME TRAINING PROGRAM AS IN THE MOVIE "PURSUIT OF HAPPYNESS WITH WILL SMITH AND SON JADEN. I KNEW CHRIS GARDNER. HE IS DOING WELL.  GOOGLE MONTGOMERY STREET SECURITIES, CHRIS GARDNER.

FIRST DENIAL, THEN INDECISION.. THEN SUB PANIC.. THE SHTF HAS NOT REALLY OCCURRED YET.- THEN REAL PANIC.  I CALLED MY BANKER IN S.F. A COUPLE WEEKS AGO TO SEE HOW THING WERE GOING.. THE SHTF THERE.. THE OFFICE VACANCY IS NOW 73%.. WHEN THE LANDLORDS WHO CANNOT MEET THEIR HIGHLY LEVERAGED MORTGAGE PAYMENTS.  WELL GUESS WHO WILL END UP OWING THE BUILDINGS. THE BANKS.. BUT WHAT ARE THE BANKS GOING TO DO WITH A PIECE OF REAL ESTATE WITHOUT ANY INCOME.. JUST SIT ON IT I GUESS UNTIL THE ECONOMY TURNS.  WHICH IS GOING TO BE A LONG LONG TIME.-IF AT ALL.

YES, IT SEEMS THE VACCINE IS WORKING.. THANK GOD.. BUT IT WILL BE AWHILE BEFORE THE ECONOMY ACTUALLY TURNS UP. AS I HAVE SAID I WAS BORN IN 1937 AND THINGS WERE TIGHT FOR THE NEXT 20 YEARS FROM OCT 29, 1929, . WHY I THINK AS I DO?. MY MOTHER USED TO TELL ME HOW HER FATHER, MY GRANDFATHER LOST EVERYTHING. HE HAD TWO CLOTHING STORES ON MISSION ST IN S.F. AND BURNED ONE OF THEM DOWN TO COLLECT THE INSURANCE TO START OVER AGAIN.  HE RODE THE STREETCAR TO WATCH THE STORE BURN..

THEN BY DAD, FROM CHINA. USED TO TELL MY ABOUT STARVATION IN CHINA.. NO FOOD! THEY WOULD EAT THE LEAVES OFF OF TREES.. AND HE WOULD WALK 5 MILES WITH A BAG OF RICE TO TRADE FOR A CHICKEN SO THEY COULD EAT.. ETC .ETC.  NONE OF YOU HAVE KNOWN THIS MISERY OR HARD TIMES. TIMES HAVE BEEN PRETTY GOOD.. BUT GETTING INCREASINGLY WORSE 

ARE YOU PREPARED FOR THE WORSE TO COME?  BETTER DO IT BEFORE IT IS TOO LATE.  I AM NOT A DOOMSAYER. I READ A LOT . AND WHAT I READ AINT'T GOOD.. PLEASE START PREPARING.. STOCK UP FOOD, GET CLOSER TO THE EQUATOR  IF YOU ARE ABLE.. GET OUT OF DODGE 

WHY DO YOU THINK I CAME TO MEXICO 23 YEARS AGO.. I DIDNT LIKE THE WAY THINGS WERE GOING THEN.  I AM BLESSED NOT TO BE LIVING IN SAN FRANCISCO OR CALIFORNIA RIGHT NOW.  DIDNT MAKE SENSE TO ME TO SPEND TWO HOURS ON THE FREEWAY DAILY BACK AND FORTH TO WORK.. SO WHY I MOVED TO NORTHERN CALIFORNIA.. I COULD WALK TO WORK. TO MY PHARMACY.. THEN AFTER 25 YEARS+ OF THAT.  TIME TO GET OUT OF "DODGE" AS WE SAY IN THE U.S.

SO IF YOU KNOW WHAT IS GOING TO HAPPEN.. YOU CAN PREPARE AND FLIP THE COIN TO POSITIVE AND MORE. OK?  JUST WARNING . HOPE YOU HEED IT.- BUT THAT IS YOUR DECISION.. ONLY YOUR DECISION.. WHICH MAY BE ONE OF THE MOST IMPORTANT IN YOUR LIFE.

HERE IS THE FIFTEEN MINUTE NDX - NASDAQ 100 OR TECH 100 SO MUCH FOR THE SUPPORT LINE I DREW LAST WEEK. WENT THROUGH THAT LIKE HOT S##T.. 

BE SAFE AND GOD BLESS..

THOSE WHO GOT INTO SQQQ ARE HAPPIER TODAY.. DON'T WORRY THE PULLBACK WILL GO BACK UP

AT 2PM NY