No, this isn’t an anecdote about a former wife. For all recorded history, no one in the Knight clan has ever been divorced. Instead, it’s about my star holding in crypto-land tonight, the ICON Project, or $ICX:

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No, this isn’t an anecdote about a former wife. For all recorded history, no one in the Knight clan has ever been divorced. Instead, it’s about my star holding in crypto-land tonight, the ICON Project, or $ICX:

Blind Squirrel mentioned yesterday that we’ve had well over 300 trading days without a single 5% pullback. Pathetic, isn’t it? What words leap to mind? Here are some suggestions: manipulated. Fraudulent. Fake. Canard. Illegitimate. Inorganic. You get the idea. Here’s the intraday chart of SPY for many months. Totally, totally under the thumb of that treasonous bastard Jerome Hayden Powell and butt buddies like Robert Kaplan who was actively trading the markets (and even equity futures!) while his friends were actively pumping trillions of dollars into the “market” to guarantee profits. These people are all criminals and should be put away for life.


Our usual Italian deli sandwich, in better times: Bresaola, arugula, sliced Parmesan, olive oil, and fresh-squeezed lemon juice, on Italian bread.
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Crypto suddenly slipped off the plate earlier this week after dancing around the magic $50k mark. Fortunately our system kept us in the strongest altcoins which were the least affected and are already bouncing back strongly. Let’s kick things off with a proper post-mortem of what happened and where we’re heading next.