Great Depression 2 underway as of July 25, 2014

[AfterLOS]

All I see are numbers and technicals. Don't really expect the world to go down even if fed starts raising rates. If it was easy to pick the top I'd be a millionaire. Will prolly go and hit another high. The public wasn't in the rally.

You're doing it again like everyone before you at ET at EVERY TOP but nobody has EVER been called on such stupidity because the one thing that all HERD members do - is forget very quickly, i.e. forget the past.

(1) Put another way, almost no one believes this market will go down.
(2) you said, "if easy to pick top, I'd be millionaire

Nemesis45 you're in with this crowd - AS USUAL = confirmed ALL AfterLOS findings when the ET search engine was used to study prior tops even if YOU personally were absent, your thinking is identical to the ones who were present at the prior tops.

Put a different way for you, nemesis45 = you can't do doodly unless you have loads of supporters for warmth and cuddly glue to empower you into action. ALONE, you can't do doodly. Same goes for all wildly bullish participants at TOPS. Its the crowd that empowers.

Me? I'm the dumbest one of all as my Gold trade makes abundantly clear

All of the above is in a firm but super friendly tone - I'm very appreciative of all posters' input.

 

[AfterLOS]

Great Depression 2: Last few bears throw in the towel & climb aboard = now everybody is aboard, except AfterLOS

Wells Fargo’s Gina Martin Adams threw in the towel

Deutsche Bank strategist David Bianco on Monday lifted his 2014 target to 2,050 from 1,850 and introduced a 2016 target of 2,300.

http://www.marketwatch.com/story/bears-become-bulls-as-strategists-lift-sp-500-targets-2014-09-10

 

[AfterLOS]

Great Depression 2: Make no mistake - AfterLOS is a BEAR with a Dow Jones call to 2500 - 4000

Always liked Robert Shiller, good to se him smiling
http://www.marketwatch.com/story/being-a-stock-market-bull-just-got-a-lot-harder-2014-09-09

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For ET poster, istoptime ..... here is my update on Gold position

sorry amigo, we are close to the STOP under June 3rd but I'm NOT going to honor that STOP. I repeat, that STOP is removed. I'm going to give this a little bit more room because I still believe a reversal was signaled by the daily chart move from Dec 2013 to March 2014. Thanks for all your input and help.

 

[AfterLOS]

Great Depression2: warning signs on monthly = huge signal J.H.Christ look at the volume chart

Try going to Las Vegas on fumes - you can't but the S&P has been doing it for 5 years

retail investors have not returned to the market since the 2008 crash


http://www.marketwatch.com/story/wh...ng-volume-2014-09-10?mod=MW_story_top_stories

 

[AfterLOS]

Great Depression 2: warning sign - HOUSING = America's ATM

Case-Shiller Hit the Fibo 50% retracement mark and turning down

PHLX = Philadelphia Housing Index Trend broken

http://www.marketwatch.com/story/this-house-market-is-falling-apart-2014-08-26?link=mw_home_kiosk

 

[AfterLOS]

Great Depression 2: reversal signs from the Twin Towers = Dollar & Gold. Real-money is now universally HATED while fake money (Dollar) shines

For the first time in a long time, a large number of short-term gold timers have decided to throw in the towel

But not AfterLOS, not yet and even if I do, I will put a huge buy order right above the first downtrend break-line on 1H and then on 4H I will quadruple the Buy.

Dollar or Gold = the beneficiary of BEAR. Dollar was champ in 2008 crash, can he again or will Gold blast everyone out the park and take AfterLOS with him?

I don't know the answer. But I've narrowed the beneficiaries down to just these Twin Towers

 

[nemesis45]

All you're telling me is that you are a member of the HERD = YAWN

No well i just didnt want you to lose your hard earned money.
But nvm.
If gold goes up after a fed hike, it will be a long, which it may.

 

[istoptime]

So you narrowed it down to dollar or gold, which means narrowing it down to long or short. lol
soon you will be down ONE HUNDRED points on your gold "trade", and only down 70 and 60 points on other added "trades". Why not just do a Dow thread and keep a 10,000 point stop until wrong?

Note: house paid off, retirement funded, health good, money in bank.......all under 45. i certainly don't have to play this madness game. but it is fun to watch the carnage....

 

[AfterLOS]

So you narrowed it down to dollar or gold, which means narrowing it down to long or short. lol
soon you will be down ONE HUNDRED points on your gold "trade", and only down 70 and 60 points on other added "trades". Why not just do a Dow thread and keep a 10,000 point stop until wrong?

Note: house paid off, retirement funded, health good, money in bank.......all under 45. i certainly don't have to play this madness game. but it is fun to watch the carnage....

entertaining as always, amigo. The madness game is for mad people only

Re: narrowing it down to $ or Gold? Yep, that's it. Long or short? I was Short EurUsd = Long dollar here in this thread but as you said I'm losing more in Gold than won there. But what if Gold turns around?

 

[AfterLOS]

No well i just didnt want you to lose your hard earned money.
But nvm.
If gold goes up after a fed hike, it will be a long, which it may.

Not to worry, losing money in trading happens everywhere I know of except at ET becaue here apparently all brokers accept vague entries and exits but only if they are in hindsight.