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

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Overnight said:
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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Forgive them Father :). Euro, USD, Sterling et al all will verschwinden by 2025, the expected bottom of the Bear. We are going back to RealMoney GOLDIE finally. In the meantime i.e. load up on USD big time (actually since March 2008 although sideways on monthly for 2 exasperating years :) ). Don’t muck about monkeying LONG with Goldie now. She is going south big time while Dollar Index rockets to next snacks and juice station @ 120
 
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Clubber Lang said:
Can you please start a journal?

As Option Attack posted earlier, ET hasn’t seen nonsense like this since MS used to pollute the pages!

The anticipation is growing.
This has Train Wreck written all over it.

Pass the popcorn :)
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For Sentiment assessment this ET professor’s comments are soooo in the 100% bullish camp as to be just barely shy of actually physically attacking me because I have the audacity to blaspheme against the 10 year well entrenched bull market

“This has Train Wreck written all over it”

“Pass the popcorn”


I’ll bring the beer

Train wreck gets underway oh my as early as Friday or Monday/Tue? :). :)
 
for historians:

Who hammered SPY? 78.6%. did the job. The curveball was that 61.8% did not. Can it go to 88.3%? It could but hope not.

Switch to monthly for foundational power engine. .... Macdonald & RSI boo-ing the entire rally as weak and lifeless. Macdonald horizontal with the slight downward hook. RSI gone below 2016 lows.

Man does not live on pure price action only. :). :)
 
fibo_trader said:
Correct Sir, the very same Bear Market that started October 2007 - first leg down ended March 2009.


Fast forward to today. THEY think a 20% drop into declared Bear territory is over that fast by this fast rally. That would make the Bear a wimp, exactly what the experts called him in May 2008 and early in the Great Depression

Can’t invest with me. I’m a lone trader, no clients ever, never ever will be any. The above mentioned players are friends, not clients although it’s a gray area as I accept no commissions but they return the flow with lavish big ticket gifts.
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OH, SO you dont buy all that media nonsense about the bullmarket/upTrend being 10 years old?? LOL i don't either:D:D.And its like the old paper edition of Modern Trader or whatever magazine noted , S&P 500 equal weight was down about 25%. Remember, many said that was NOT even much a correction or bear ' cause it only went down 19.777% LOL.

Frankly i use a 200dma + discretion[200 day + 200 period moving average] much more than news media nonsense....................................................................................................... I'm exspecting a selloff by last week of MARCH, 2019. NOT a prediction, not bank insured.......

SPY+ QQQ , UPRO,are still up Trending above 200 dma, IWM below/near 200dma.
TSLA, below 200dma, 50 dma, bad customer service, $40 million SEC fine, no dividend, no year to date gains[minus -16%, YTD] ,222% debt.LOL
 
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