Bear Market almost ready to resume. .....

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fibo_trader said:
This one from CNBC from Jan 2019. Have not yet seen a more recent one but it should be any day now. Scroll down and especially note the zeros in the many charts they show. Stock market negative outlook = 0% :). :).

https://www.cnbc.com/2019/01/07/maj...ish-for-2019-cnbc-halftime-report-survey.html
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January 7th has absolutely nothing to do with today, that's 2 months ago and mkt was just lifting off.
Why bother justifying your theory with the above link?
Surely you can do better.
 
fibo_trader said:
On the subject of sentiment stateside, one of the super few = rare bear market callers/traders is CNBC guest aka Chart Master Carter Worth (he also called the 2008 crash). Hardly anybody in my corner but Carter Worth. I don’t need agreement but this gent is stellar.

https://www.cnbc.com/video/2019/03/...se-are-the-key-levels-to-watch-in-the-sp.html
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Talking head....
"More recently, his (Carter Worth) March 19, 2018 market call on Oracle was incorrect. In a CNBC report published hours before the announcement, Worth says "I love it. I want to be long Oracle going into its earnings. The charts speak for themselves." However in after-hours trading following the announcement, Oracle's shares declined from 51.95 to 48.40, a drop of 6.83%"
LOL :)
 
You could be correct, of course. But it is such a low probability event why bother? Just plan on the usual up/down with an up bias and make plenty of coin. Seems like it is about the same as gathering a bunch of money to play the lottery. Sure, you might win, but there are better trades. Good luck :)

And don't forget about these guys rigging the game: https://www.federalreserve.gov/

fibo_trader said:
SPY short entry confirmed 279.2 today ...... total short is $4.83 mil

6 tranches remaining to place short as soon as the nice uptrendline from Christmas Eve Daily breaks

Then the rest of the farm will be thrown at it when 200-day breaks. This time do not expect the 200 will be retested once broken.

All of the above is my own capital. No friends (client’s) money being thrown in yet even though they are begging me to place it. My reply is firm. “only when December lows for Dow/S&P/Nas/Trans are taken out”. 42 mil dollars to be placed then. This 42 m is just chump change for these international warriors - they are preparing more ammo to throw my way

Last count is that 96% investors are headed north. I love these odds.
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themickey said:
Talking head....
"More recently, his (Carter Worth) March 19, 2018 market call on Oracle was incorrect. In a CNBC report published hours before the announcement, Worth says "I love it. I want to be long Oracle going into its earnings. The charts speak for themselves." However in after-hours trading following the announcement, Oracle's shares declined from 51.95 to 48.40, a drop of 6.83%"
LOL :)
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Hindsight is easy but ..... :). :). (don’t trade this stock)

I would have done the same as Carter w.r.t. Oracle on March 19, 2018. The exact same thing. Although I don’t bother with earnings my answer would’ve been “buy more and then buy more on the dip to the 200 ema, regardless earnings”.

Hahaha, 6.8% drop bothers you when the trend is UP and you’re riding it ? Stock is still UP Up Up and now challenging the top today.

At $53.05 close today.

Game to Carter Worth. LOL.
 
Since Oracle was brought up. .....

SELL at open tomorrow. This means liquidate entire accumulated Longs for trend riders like Carter Worth. Hindsight of course but what a stock! Perfect hit for the 3rd wave at 261.8%. Then taking the standard W5 = W1, Stock can go to 55 where W5 = 2.618 x W1

Game to Carter Worth. :). :). May he live a long life!
 
fibo_trader said:
Since Oracle was brought up. .....

SELL at open tomorrow. This means liquidate entire accumulated Longs for trend riders like Carter Worth. Hindsight of course but what a stock! Perfect hit for the 3rd wave at 261.8%. Then taking the standard W5 = W1, Stock can go to 55 where W5 = 2.618 x W1

Game to Carter Worth. :). :). May he live a long life!
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I don't know about your wave counting, but I see a triple top at 54, so if you're gonna exit longs or enter shorts, this would be the place to do it

oracle.jpg
 
Oh, I see your angle...

You don’t get it I think?

"This Bear Market is the greatest of all time even eclipsing that of 1700s, 1929, 1966-73 and 2008. It’s THE Bear Market that is an Empire Buster that will kick out the U.K./USA from the driver seat and usher in the replacement Empire. I want to be a part of this turn in calling it, trading it and posting my results for all to see. If right it’s a big accomplishment. If wrong I’ll be out millions. Worth it big time to me. :)..."

There is a flaw in your premise, that being that the USD/EUR/Pound will just disappear...

If that actually happened, then money will become totally worthless, so your bear market calls, while correct, will also mean your value in the market drops to zero.

Because if the USD/EUR/Pound sterling all go away, what is left? What are you trading in? Vietnamese dong?
 
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