#BreakingNews #Bitcoin #BTC #BTCUSD is now in an -100% Sell Down Trend and NASDAQ QQQ = -100% Down Trend = 1929 again?

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Published: 01 May 2022 01 May 2022

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NASDAQ QQQ ETF = -100% Negative Down Trend along
with Bitcoin BTC BTCUSD = -100% Negative Down Trend!

Readers, here is a link to both the NASDAQ QQQ's and to 
Bitcoin BTC BTCUSD. 

Ok, so I use the Altcoingazette.com as a public research place to 
publish my research on capital markets, crypto and stocks etc. 

This is my thoughts and research: In the S&P 500 (11 sectors), IT Information
Technology is the best performing stock sector since the start of 
the "Great Recession" back around the stock market crash of 
2008. So it is logical that the IT tech sector would roll over
to being so bullish since 2008. 

It has been said that Bitcoin BTC BTCUSD is trading like a "Large cap
IT Tech stock", looking at both the QQQ chart and the BTCUSD Bitcoin chart,
I would agree. 

Ok, so here is where from a Quant trader perspective this gets interesting.
People always say that you "get rich" counter trend trading and buying the dip. 
Jessie Livermore would disagree. I would be a purchaser of the QQQ's at: $408.72, 
just above the QQQ's all time high of $408.71. 

The QQQ's are saying that they want to be shorted and that they go lower...much lower?
The 50% price retracement for the QQQ's would be $204ish? This would be a WD Gann 
price entry for the QQQ's. 

The answer to every question is "Trend"! The Trend is my friend. There are always those
that will "Buy the Dip" and counter Trend trade. In 1928-1929, everyone was getting rich
in the stock market with 90% margin leverage and the the 1929 crash. It wasn't
until 1932, 950 (3.5 years) days later of "Buying the Dip" that the Dow Jones Industrial average achieved a 90% price retracement and "Bottomed out". This is a long time to "Buy the Dip"?  

Question: What is the QQQ NASDAQ market telling me what "it" wants to do? The answer is that the QQQ's Trend is lower. What about Bitcoin BTCUSD BTC market...it wants lower also.
Bitcoin BTCUSD 4 times in it's trading past have had a 80% price dip, only to trade to new
All time Higher High price...

I thought that the FANG stocks were going to go up for ever? The QQQ's 90% dip price is $408 X -90% = $41ish. I would be a buyer of the NASDAQ QQQ's at the -90% dip price of
$41ish, post a 1929ish styled market correction or the upside breakout trade of >$408.72ish!
Jessie Liver quoted, "A market is Never to High to Buy...and Never to Low to Sell...because  the Trend is "My Friend". The same knuckle heads bought the dip after the .com bubble burst...here we go again?

Is the world now in a "Global Hyperinflation economic depression", me thinks so. The only reason that stocks are ever going up in price is because of hyperinflation...the next economic
cycle is Hyper-Deflation...thus 2008 or 1929 all over again?

Next topic: de-Dollar-a-zation event. The U.S. Dollar is hyperinflation mode. Wymer Republic 
from 1920 to 1923 all over again? 

So here is what I think is a good model portfolio: 

1. A safe full up with .999 American Eagle silver Bullion coins = Great Hedge against
hyperinflation and then hyper deflation...1929 economics survival.

2. Bitcoin BTCUSD as a good hedge against hyperinflation and then deflation. 

3. S&P 500 Energy sector stocks. Here is a Great ETF for such: S&P 500 Energy Sector SPDR (XLE). https://www.barchart.com/etfs-funds/quotes/XLE/overview 

So what is my logic for the purchase of S&P 500 Energy Sector SPDR (XLE), you may ask: Answer: Valuation, Book Value and dividend yield. S&P 500 Energy Sector is the worst performing sector in the S&P 500 in the last decade, trading at a great discount to the S&P (as compared to the IT sector) and pays great dividends that you can reinvest back into 
additional S&P 500 Energy Sector stock shares! Who would pay way up for IT shares in the 
NASDAQ QQQ's when they could purchase down book value and dividend yield?, not me.

I am cheap...I want want value, great dividends, cheap valuation book values...XLE ETF shares are el-cheapo just like me.

In conclusion, I think people would be total nuts  to be "Buying the IT Tech Dip", I will wait until the Upside breakout >$409ish,(time will tell), look at the 50% dip and then would certainly purchase the QQQ's at it's -90% dip price at $41ish. Trend Readers!  

Always remember that this is not: Investment advice ever...entertainment only and opinion only!

Here is a link to the 10 year performance of the S&P 500:
https://www.barchart.com/stocks/sectors/rankings?timeFrame=10

Nasdaq QQQ Invesco ETF (QQQ): https://www.
barchart.com/etfs-funds/quotes/QQQ/overview

Bitcoin BTC (BTCUSD): https://www.barchart.
com/crypto/quotes/%5EBTCUSD