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

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_eug_ said:
The way I see it, from a technical perspective. We have been going sideways since January 2018, this is after a big rise of a few years. This is quite possible a distribution pattern that is happening right now. I just don't see the point of shorting this latest rally until it runs out of steam and we start heading south... if it does happen at all.
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=. I won’t believe it until the crash actually happens. ONLY then and then only will EUG consider short

= attitude of sheep, followers, crowd, wildebeest, Herd - none got the balls to foresee and act. They drive their lives by watching the rear view mirror. Makes my life very hard when I drive. These cats are everywhere, 8 billion strong.

:). ;)
 
If the crash or bear market is to be sustained on a monthly chart perspective, there will be plenty of opportunity to get in near the top. Personally I went into cash a little while ago and just waiting to see what happens next before committing to a position. I do tend to believe that this is a distribution formation and we will be heading south but I just dont want to short a strong rally.
 
vanzandt said:
Yeah. They know not what they do.
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Forgive them, Father. And Father, while we are on the subject pls give Vanzandt some kahunas. Why? Because he feels, knows it’s a BEAR and that we are going down to at least test the December lows.

But he can’t say it out loud HERE. No Sir, not in a definitive statement. He will not disagree with the ET herd outright. All this good feeling he has built up here as the quintessential NICE guy will go up in smoke.

We can’t be having that, can we?

:) :)
 
_eug_ said:
If the crash or bear market is to be sustained on a monthly chart perspective, there will be plenty of opportunity to get in near the top. Personally I went into cash a little while ago and just waiting to see what happens next before committing to a position. I do tend to believe that this is a distribution formation and we will be heading south but I just dont want to short a strong rally.
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Hahahaha. Monthly chart? Vanzandt and Politically correct Nice guy Central have never looked beyond a 2 minute chart. Monthly would require a flight on an airplane. Too much work
 
fibo_trader said:
IYR = Short as called above. This was a gift to thee. Nobody accepted it. Yawn. Another day another gift another waste :). :)

For the 2-min. Chart traders. ... on 30 min chart Fibo soft target at 83.88 coming soon.
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It went ex-dividend today Einstein.
 
fibo_trader said:
View attachment 199211


View attachment 199213
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Vix 60 min:

If the low holds then this pattern is a wave 1 up, wave 2 down. Which means killer wave up is next.


upload_2019-3-20_11-19-7.png
 
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