ECONOMY takes the biggest hit EVER since antediluvian times

India vs China: They had a war a long time ago. China breezed thru' like a knife thru' butter. No change. No contest in 2019.

India's Economy is ripe for an epix crash. Midcaps, SmallCaps in epic BEAR already, the Rupee hit 75 then recovered in correction, trend still up. but India's Dow Jones = Sensex took out the top. Real estate sector in India has been crashed and stagnant for long time. Shadow Banking sector will bring the whole house down. The PM pulled a whopper of a stunt in 2016 called demonetization that killed a lot of the poor. ATM s were shut down.

Expect more of the same SOON. India will catch up to China's BEAR and exceed it.
 
fibo_trader said:
China: BEAR market started October 2007. Recent rally = Bear rally to be proven

USA going places without Chino? Dream on! The next reigning superpower is flexing. If war were to break out now, non nuclear, China would win. But like Pakistan told India, "you invade us only up to a certain point, then we pull the annihilation trigger". India withdrew on a dime (the business and rich community of India told the PM, "dummy, you're going to ruin it for all of us, here's 100 million dollars for your family, shut this talk down NOW)
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Most of China's surplus comes from the US! Both countries will benefit with a fair trade deal. Do not tell me the tariffs do not hurt China? China's military expansion depends on a strong economy. As for Pakistan, it has not won a single war against India. India has more nuclear missiles than Pakistan. If the case of all out nuclear war, Pakistan would be wiped out! I doubt, after they get hit once, by a nuclear missile, they will dare fire another one!
 
fibo_trader said:
Ask the middle-class. Ask the Poor. Both getting hammered!
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Most people I know got a tax cut. Those that paid more than they had to, did not structure their financial affairs to benefit them! When billionaires have tax loopholes up their asses, you would be a big fool to pay more taxes than, you are required to!
 
When hacks on CNBC talk like you preaching gloom and doom, I know that taking the opposite side is the smart move! The bull market will end at some point. Trends last longer than most people think! When the same CNBC hacks all tell us the bull market will continue for another 10 years, that is when I know we reached the very top!
 
themickey said:
Any chance of you singing a different song?
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No chance! and if I were you, I would stop following me around and put me on Ignore.

hahahahaha. :)

Forgive them Father, they just can't leave Fibo alone. They are addicted to him. They hate him with a passion and force him to speak inSesame Street language knowing his native tongue is pure WALL STREET language, a magnifivpcent language of just pure 4-letter words.


They hound me incessantly, Father, but you said to me, "My beloved son, in thee I am well pleased, you are not only withstanding the losses in the stock market but are also battling 1000 angry, complaining members and a trigger happy cop" :). :)


Just another day in Life of Fibo.

:). :)
 
smallfil said:
When hacks on CNBC talk like you preaching gloom and doom, I know that taking the opposite side is the smart move! The bull market will end at some point. Trends last longer than most people think! When the same CNBC hacks all tell us the bull market will continue for another 10 years, that is when I know we reached the very top!
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Wise man. :).

Add this to your modus operandi. ........


The Laws of Trend:

A Trend tends to continue

A Trend can reverse without notice.

Fibo is the ONLY MAN to tell all TREND FOLLOWERS that they are wimps. Fibo will nail tops and bottoms like there's no tomorrow despite current top in SPY kicking his butt. Hahahahahaha. Fibo is a young fella. Plenty of time, plenty of juice, a nice 2-gun rig, and a certainty that The Universe cannot say NO to him for too long.

Peace to all who go contrarian to C N B C. hahahaha
 
themickey said:
Any chance of you singing a different song?
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Oh, oh, oh, I forgot.


Forgive Mick, Father, he hath forgotten his BASICS. ......... Stock market leads Economy


Dow Jones/SPX/Nas/Trans. topped Jan 2018. The cracks in the Economy come thereafter little by little & gain momentum in the Dow Jones' 3rd wave down

So therefore this thread is reserved for cracks in the Economy, the other thread is reserved for PRICE (Dow Jones).

Hahahahaha, THEY ALL go on and on and on about SPX because of the 500 stocks. Hahahahaha. BEAR couldn't care lessabout SPX, his heart has always been focussed on the Mighty Dow Jones with HISTORY since 1720 when you splice British Prices.

:). :). :)
 
The Mighty Dow Jones is where its at. Want proof? But first, I gots to lafff at Mick scoffing at Fibonacci. Heck every bone in his body is designed according to that series. Forgive him Father, such pride and haughtiness in the face of sheer ignorance. ...... see below. chart of Dow Jones daily, take the 2 tops, Jan 26, then low at Feb 9, then top at Oct 3. Draw the Fib Expansion or Projection grid.

Hit exactly Christmas Eve at 161.8% on the button. In the entire Universe only Fibo was watching for that. SPX et al onlydelivered approximate hits but the Mighty Dow Jones hit aperfect Golden Ratio %. .... 161.8%.. Only Fibo saw it. But was so shocked (youth) he hesitated and gave up some of the rally juice.


Hahahahaha, Forgive Mick, Father, he won't understand the significance of 161.8%. Neither will anybody else here but they will outright KILL anybody who does understand.


Why of couse its the wavelength of the big drop wave from Oct 3 to Christmas eve = 1.618 x The drop from Jan top to Feb low.


Hahahaha. The secrets of the Dow Jones known only to Fibo.


And here, my punishment is sticking a cop on my tail with death threats, "next time you're gone". Like those killed ET traders before me, sheesh! what a waste. All dead.


upload_2019-4-6_20-52-4.jpeg
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smallfil said:
Most of China's surplus comes from the US! Both countries will benefit with a fair trade deal. Do not tell me the tariffs do not hurt China? China's military expansion depends on a strong economy. As for Pakistan, it has not won a single war against India. India has more nuclear missiles than Pakistan. If the case of all out nuclear war, Pakistan would be wiped out! I doubt, after they get hit once, by a nuclear missile, they will dare fire another one!
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In the event of a nuclear war between India & Pakistan, both would get wiped out. What you forget, Sire is that Pakistan Has nothing to lose. India has a heck if a lot to live for.
 
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