Issue 1,968 – Copyright (c) 2025. All rights reserved. Keeping WB’s Clock Alive Since 2017.
FROM THE DESK OF WYCKOFF TRADER (Read the Terminology at the bottom if you need clarification on Wyckoff/WB/ME-isms)
– 🐂 The Bull – Represents structural resilience, bid stacking, and market strength. If liquidity holds, the bull carries the weight
– 🐻 The Bear – Symbolizes liquidity exhaustion, price vulnerability, and market weakness. If bids vanish, the bear drags the market down.
– 👻 “GHOST – If the market doesn't have breath, it will fall due to the
lack of structure under the pressure of constant changing of belief.” – Wyckoff Trader
THE LONG GAME (if you dare to read)
What I'm talking about in 2020; 2026/27, 2033, 2055
I could say more but Jor-El has sorn me to secretly
THE SHORT GAME (Myth → Meaning → Mechanics of the market)
— MYTH MIND WORM IN THE VALLEY —
I bought in my caddy to get his take on playing NVDA here is Trader Guy Take:
You teed it up perfectly—and I’m stepping up with the right club in hand 🏌️♂️.
🧠 Playing the NVDA Hole: Strategy Breakdown
NVIDIA isn’t just a stock—it’s the flagship of the AI fleet. But like any championship course, it’s got wind, slope, and a few sand traps to consider:
⛳️ The Lay of the Land
– Momentum is strong: NVDA surged over 35% YTD and just posted a 3.6% gain ahead of earnings.
– AI demand is explosive: Blackwell GPUs are flying off the shelves—nearly 72,000 units per week.
– China remains a hazard: Export restrictions on H20 chips could cost up to $9B in revenue, though a new revenue-sharing deal with the U.S. may soften the blow.
– Valuation is lofty: Analysts are bullish, but expectations are sky-high. Even a beat might not be enough if it doesn’t clear the “whisper number”.
🏌️♂️ Club Selection: How to Play It
| Style | Strategy | Why It Works |
|——-|———-|————–|
| Aggressive Driver | Buy now, ride the AI wave | If you believe in long-term AI infrastructure and sovereign AI growth, NVDA is the apex predator. |
| Mid-Iron Approach | Wait for post-earnings dip | If earnings miss lofty expectations, a short-term pullback could offer a better entry. |
| Putter Precision | Dollar-cost average | Smooths out volatility and lets you build a position without timing the market. |
🧭 Final Read
This is a green with a lot of break—massive upside potential, but also macro headwinds. If you’re confident in AI’s trajectory and NVIDIA’s execution, this could be your eagle putt. But don’t forget: even the best players respect the slope.
That's better than a bunch of bouya hype!
— MEANING – HOW THIS EFFECTS THE STREET —
MAN (RISK ON): MSFT, ORCL, BRK.B | MACHINE (RISK ON): PLTR, NVDA
— MECHANICS – (though the eyes of the Composite Man | WB | ME)
🦅 AM Turn 0827 – Waiting For Shoe Drop | Good morning. Today is SERIES S2L. | Spill up → AM LOW → (NO MID AM) → lunch high, mid pm low, → LAST HOUR HIGH.
I have a 48 hour flue, and I'm glad I had it. I'm still working on burning out the end of that flue.
Yes, they dropped it after the news but they didn't drop it like it was hard. I already made you case for the Composite Man yesterday:
[Globex has parked price just under the highs. I cannot tell you the outcome of NVIDA. What I can tell you is the Composite Man loaded his wagon on the dip to the previous day's close on 6,500 lots at 1:54 pm. Lifting offers at 3:20 pm to the tune of 21,100 lots. 3:50 pm on 17,500 lots and the close of 142,200. That I do know.]
Let's see what happens at those levels.
I'm flipping the day as S2H with AM HIGH seal at 10:30 am. Lunch low at 12:30 pm. Mid pm high at 2:30 pm and LAST HOUR LOW at 3:10 pm.
PROSE AND THE NUMBAHS
They say you can only make a decision based upon who you are; or after your decision—who you were. You have freedom to choose but you can only choose based upon who you are at your present—space time moment but you have total and absolute freedom to choose who you will become!
— Wyckoff Trader
Heraclitus. 🔥 “No man ever steps in the same river twice, for it's not the same river and he's not the same man.” In our case the same trade.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
📜 Good morning. Today is SERIES S3L.
🎛️ Tape Read: 🏛️🐂💲 "Looking good, but…" – Neutral (cautious optimism) (overnight read) Suprise, Suprise, Suprise; Globex retraced the range lost after NIVDA fall. And now pulling off. No words of wisdom here. Let's wait till after the open.
🧭 Honing Turns: Spill up → AM LOW → MID AM HIGH → lunch low, mid pm high, → LAST HOUR LOW.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Dates: 📅 August 9 Sturgeon Moon 3:55 a.m. Fall Solstice (Equinox) 📅 September 22 2:19 p.m. (all times Est)
********************* Terminology *********************
"Looking good, Louis! Looking good!" – Bullish (high confidence)
"Looking good, but…" – Neutral (cautious optimism)
"Things just got ugly, Louis. Very ugly." (Black Swan)
"It's looking real bad for the bulls, Louis. Real bad." – Bearish (pessimistic)
"It's looking real bad for the bears, Louis. Real bad." – Bullish (optimistic)
🐟 (Minnows)
⏳ Lifespan: 1–2 years
💧 Liquidity Impact: Momentary—tiny, rapid entries and exits
🔄 Interpretation: Their short biological life mirrors *fleeting market presence*. They appear as *blips* on the liquidity radar—numerous but not lasting.
🐟 (Sardines)
⏳ Lifespan: 3–4 years
💧 Liquidity Impact: Mid-range, directional waves
🔄 Interpretation: Like their lifespan, they sustain presence a bit longer—*waves of flow* with follow-through. Not permanent, but *tactically significant*.
🐟 (Tuna)
⏳ Lifespan: 15–40 years
💧 Liquidity Impact: Deep, anchoring, strategic
🔄 Interpretation: Their long biological endurance maps to *long-dwelling liquidity*. When they enter, they sit, influence, and stabilize. They're duration-defined presences**, just like their species.
🧖 "Dropping the Soap"
🏀 "Running with the ball"
👵 "momma got thrown from the train!"
📈 Up Turn – Higher highs and higher lows.
📉 Down Turn – Lower highs and lower lows.
↔️ Chop Turn – Bulls and Bears equally balanced.
💥 dropped it like it was hard (no bid stacking, no liquidity, hitting the bid)
🏀↓ smack it down or 🏀↑ bid it up (indicates a potential change in trend)
🧽 adding liquidity back into the market
Richard D. Wyckoff; and his Composite Man. Don't mix the methods.
📚 Key Concepts
– Law of Supply and Demand: Price moves based on the balance of buying and selling.
– Law of Cause and Effect: The length of accumulation/distribution determines the magnitude of the move.
– Law of Effort vs. Result: Volume (effort) must match price movement (result); divergences signal manipulation.
🧠 The Composite Man personifying the market as a single, strategic entity—the Composite Man—who:
– Accumulates stock quietly while the public is pessimistic.
– Pushes prices up to attract attention and volume.
– Distributes holdings at higher levels while the public buys in.
– Then lets the price fall, starting the cycle again.
📈 Accumulation Phases (Composite Man Buying)
| Phase | Description | Composite Man’s Intent
| A | (PS), (SC), (AR), (ST) | Absorbing supply, testing depth of selling pressure
| B | Building a Cause | Accumulating quietly, creating a trading range, shaking out weak hands
| C | Spring or Shakeout | Final test of support, false breakdown to trap bears and force capitulation
| D | Markup Begins | Breakout above resistance, demand dominates, public begins to enter
| E | Distribution Preparation | Price moves rapidly, Composite Man begins to sell into strength
📉 Distribution Phases (Composite Man Selling)
| Phase | Description | Composite Man’s Intent
| A | (PSY), (BC), (AR), (ST) | Testing demand, beginning to unload inventory
| B | Building a Cause | Distributing quietly, creating a range, trapping late buyers
| C | Upthrust or UTAD | False breakout to lure in buyers before reversal
| D | Markdown Begins | Breakdown below support, supply overwhelms demand
| E | Accumulation Preparation | Price declines rapidly, Composite Man begins to buy again
Comments are closed