Interim Update 2 – 9/30/2022

• As I just informed subscribers, I think we will stand down today and see what develops on Monday.
• I did cheat a little and we made a few points on some morning longs in the Founder’s Trading Room, but things turned south after Putin’s speech.
• The Russian annexation of Ukraine’s four provinces and Ukraine’s application to join NATO are throwing the markets another monkey wrench. And there will be a big announcement from the Allied Powers at 1900 EST. 
• Wow, we cannot wait to see what new suicide methods the woke crowd has for us now.
• This is a crazy time; if the shorts start making money today, our short-covering window expires.
• And if they run the shorts into the close like last week, it still leaves the market hanging around the recent lows – a cliffhanger.
• And though we are close, there is no solid buy signal yet.
• We also know things are breaking in Europe and the rest of the financial system. The NYSE Advance/Decline is at new lows.
• And, as usual, I want a peaceful weekend.

Enjoy the weekend. Keep your families close and safe. It promises to get interesting next week for sure.

A.F. Thornton