Breakdown about to occur

Quote from michaelscott:

The $TNX is at 4.95. Last time the markets went up up up until the $TNX struck 5.1 then they went down down down. APPLE and other market leading stocks are starting to struggle. I can easily see the $TNX completing its cup. Remember the last time it was at 6%, thats right, 2000. It will get there and if it breaks above 6 then we will see 7 or 8.

Oil is going higher, much much higher. I thought oil would breakdown after that little head and shoulders funk I saw on the WTIC chart. If it gets above 67 then it will surely get to 74.

All the growth going on in the world means a rate hike, not a rate cut.

The BPI for the DOW30 is at an all-time high never seen before in history. The Chinese market is in crash mode.

6+% ten year, 70+ dollar oil, and the DOW30 looking like the World Trade Center on September 10th, 2001. In May 06, the indexes didnt survive with a 5.1+% TNX or 70+ dollar oil.

The time has come for the dark side of the trade. . .

MEDS!!! TAKE YOUR MEDS!!!!
 
i looking for a pull back again... somethng similar to feb-march but this time should rebound to trade sideways throught the year end... thats my prediction
 
I would hazard to guess that the markets will go sort of sideways for a day or two then spike up to a top. Then will go below the feb selloff.
 
Too many noobs here with few posts. I hate it when this happens to communities.

The only downside to this bullish market is that the discussion here begins to wane. Since the market keeps going up the posts tend to become redundant and boring.
 
Quote from stock_trad3r:

Too many noobs here with few posts. I hate it when this happens to communities.

The only downside to this bullish market is that the discussion here begins to wane. Since the market keeps going up the posts tend to become redundant and boring. [/with all due respect there sir, having few post doesn't mean you're new to trading. for all you know somebody with one post may know more than you will ever know:p
 
this market will zig zag or table when thr top is near ,tables can extend up like stair step,but mrkt wont reverse until we see either of these patterns
 
Strange we see constant discussions of a blow-off top that will bring us down some 20%. In fact, retail investors are at bearish levels (predicting a crash) last seen in Dec 2002. Too many joe average folks are bearish that is why the path of least resistance is likely higher:

148fs90616.png

http://icf.som.yale.edu/confidence.index/CrashIndex.shtml
 
I am new to this forum but there seem to be a lot of predictions (not all but too many!) without any particular rationale being mentioned. What I mean by that is that you can make predictions based on certain events happening but if you don't say what those events are you are just throwing a dart at the board. For example, if China adjusted policy next week again (probability = x) then the probability of the markets moving in a certain direction may change from y to z. So if you wanted to trade China policy in this way you would compare the spread between y and z and see if it is worth the risk defined by x assuming you have a strong opinion as to what x is. You could then pick the appropriate asset to trade.

Just saying the market will move up, down or sideways for 2 months and then reverse or whatever is like me saying that Bush will kiss his wife 3 times tonight before calling his daughters to warn them about the dangers of drug abuse!
 
Back
Top