S2007S, one question, I do share your bearishness, but why not wait for price to confirm your analysis? Think about the logic here, since you don't need to scale into a massive short position like some funds do, once the market tops it will show us that it has topped by price confirmation on weekly and/or monthly basis whatever your preference is. It's nice to be right to call a top or a bottom, but surely that is more of a hobby, rather than putting real money on the line against the herd.
Don't forget.... next week is federal reserve dove season. Buy with both hands, this fed will never raise rates.....I expect a big breakout to the upside. Im buying aggressively.
Again, pls allow me to say, the collapse will surely happen one day but by that time Janet Yellen will surely be retired or even dead.yes indeed in up markets and bull markets and markets that only go up human intervention is never needed, its actually forgotten about, you can have all the up days in a row you want and the biggest yearly returns year over year over year, were up 200% in 6 years...everyone sits back comfortably in bull markets that don't go down, but in a declining market and bear markets, hahah human intervention is needed on a daily basis, every second they are needed to keep things propped up, if there was a 4% drop happening right this second yellen would be on cnbc saying we are ready at all costs to supply the markets with QE if needed, by the time markets are off 8% yellen would push QE 4 right through, no questions asked.....if that didn't work and we were going into a full blown 10% correction she would up the QE by tens of billions a month, if that didn't work and the markets fell by 20%+ she would do a $3 TRILLION dollar QE package and announce no rate hikes until the markets found a footing to stand on, she would then take rates that are already at 0% to negative.....who knows what the fed would do since they don't have a clue what they are doing now, once the next collapse comes they will be running in circles to find a way to keep it together...Im telling you that day is going to come because it always does, its going to be the best moment in market history to see the fed trying to quickly fix the next crisis, Im sure we will see yellen on cnbc every day for weeks and months trying to smooth the crisis out but she won't be able to....
by the time the market tops and you see it in the price confirmation it will be way too late, no one knows a bear market is here until well after the fact it shows, its nearly impossible to see it taking place, many would disagree but its not easy to see the start of a correction, no one saw it coming back in 2008-2009, I remember trading at that time and not one soul said we were going to drop, no one predicted that drop, everyone was smiling and happy and making predictions of a higher market just like they are today, the drop in 2008-2009 happened out of no where, look back at October 2014, we dropped for about a week or 2, everyone was going crazy, questions about is this the top and where are we headed? I remember the market opening orders going crazy one morning, I mean it was insane, the bid and ask were going everywhere on so many ETFs I follow... it was unbelievable to see how much panic came into this market in only hours of what everyone thought was the top....that was just a sample of whats to come once this market tops...the higher it goes the heavier it drops...why anyone doesn't want a simple clean 10% correction is beyond me, that would actually support a higher move up but this market can't take a 10% let alone a 1% dip, its gotten to the point where any down moment is met with fear even if its a 32 point drop in the dow, and that is going to lead to serious consequences in due time....
by the time the market tops and you see it in the price confirmation it will be way too late, no one knows a bear market is here until well after the fact it shows, its nearly impossible to see it taking place, many would disagree but its not easy to see the start of a correction, no one saw it coming back in 2008-2009, I remember trading at that time and not one soul said we were going to drop, no one predicted that drop, everyone was smiling and happy and making predictions of a higher market just like they are today, the drop in 2008-2009 happened out of no where, look back at October 2014, we dropped for about a week or 2, everyone was going crazy, questions about is this the top and where are we headed? I remember the market opening orders going crazy one morning, I mean it was insane, the bid and ask were going everywhere on so many ETFs I follow... it was unbelievable to see how much panic came into this market in only hours of what everyone thought was the top....that was just a sample of whats to come once this market tops...the higher it goes the heavier it drops...why anyone doesn't want a simple clean 10% correction is beyond me, that would actually support a higher move up but this market can't take a 10% let alone a 1% dip, its gotten to the point where any down moment is met with fear even if its a 32 point drop in the dow, and that is going to lead to serious consequences in due time....
Again, pls allow me to say, the collapse will surely happen one day but by that time Janet Yellen will surely be retired or even dead.