Issue 2,007 – 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 was talking about in 2020; 2026/27, 2033, 2055
What Altman Says Comes Next: Altman’s warning wasn’t just about fake videos. It was about what happens when so many of us outsource our decisions to algorithms few people understand.
“I do still think there are going to be some really strange or scary moments,” he said, stressing that just because AI hasn’t yet caused a catastrophic event “doesn’t mean it never will.” "Billions of people talking to the same brain" could create "weird, societal-scale things," he said. Put another way, it could lead to unexpected chain reactions, causing consequential shifts in information, politics, and communal trust that ripple faster than anyone can control. Despite these broad shifts affecting us all, Altman argued against regulations for this technology. “Most regulation probably has a lot of downside,” he said. Though Altman also said he supports "very careful safety testing" for what he called “extremely superhuman” models. "I think we'll develop some guardrails around it as a society," he said.
THE SHORT GAME (Myth → Meaning → Mechanics of the market)
— MYTH MIND WORM IN THE VALLEY — 🧠 Silicon Valley’s Mind Worm: Agentic AI and Compute Fetishism — by Trader Guy/AI
The dominant obsession in Silicon Valley right now is agentic AI—systems that don’t just assist but act autonomously, making decisions, initiating actions, and even negotiating on behalf of users or companies. This is more than just smarter chatbots; it’s about building synthetic agents that can handle workflows, manage relationships, and even simulate emotional resonance.
But beneath that ambition lies a deeper worm: compute supremacy. The race for access to massive compute power has turned into a geopolitical and corporate arms race. OpenAI signed a $300 billion deal with Oracle for compute access, despite being backed by Microsoft. Meta inked a $10 billion deal with Google Cloud. Microsoft is now offering Anthropic’s models to its customers. These tangled alliances reveal a mind worm that’s not just about building smarter AI—it’s about controlling the infrastructure that makes it possible.
— MEANING – HOW THIS EFFECTS THE STREET —
MAN (RISK OFF): GOOG, AAPL, MSFT, AMZN | MACHINE (RISK OFF): AVGO, NVDA, META, TSLA
Yes, about the same as before
— MECHANICS – (though the eyes of the Composite Man | WB | ME)
PROSE AND THE NUMBAHS
At least I got that one right. Price opened on 11,100 lots but sold off 9 points on the first minute. Then for 10 minutes offers down to seal the spill at 9:40 am. The AM HIGH was early and weak sealing at 10:10 am. This indicates potential for further downside action. By 9:50 am we can clearly get a feel that price is not going to recover the 75 handle as Algos start to turn on the sell sign.
Bears offer down, trying to get a little hand hold but it's not going to happen. A volume surge comes in at 12:30 pm as 89,900 contracts holds the lows. Short cover and price moves off the lunch low seal. At 2:00 pm you can see a spring as the current intrday low is tested. Bears drop the soap and the bulls take price back up higher. This seals the mid am high at 2:45 pm just off center time.
The bulls give it a go at price starts lifting the offer and seals the LAST HOUR LOW at 3:05 pm. Early and weak as price recovers just over the halfway retracement at the close.
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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.
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📜 Good morning. Today is SERIES S3H. IFFY
🎛️ Tape Read: 🏛️🐂💲 "Looking good, but…" – Neutral (cautious optimism) Bears brough price down as they offered down. Bulls steped up on 89,000 lots. Let's see if they will defend.
🧭 Honing Turns: Spill down → AM HIGH → MID AM LOW → lunch high → mid pm low → LAST HOUR HIGH.
SERIES Day (all times EST New York City)
🕒 Spill (9:30 to 9:57)
🕒 AM (10:00 to 10:57)
🕒 MID AM (11:00 to 11:57)
🕒 lunch (12:00 to 1:57)
🕒 mid pm (2:00 to 2:57)
🕒 LAST HOUR (3:00 to 3:57)
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Dates: 📅 October 5 Beaver Moon 8:19 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
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