How will YOU determine that we have bottomed?

[themickey]

Market will bottom sometime this coming Winter. Can pick it within 5% accuracy if you go by the chart patterns. .

Right, so believe in charts (group think).

Ignore subjective stuff like it must be the bottom because everyone else believes market will continue to tank

But don't follow the crowd who group think.

 

[Wide Tailz]

Brace for impact. Either they lower rates immediately and kill the dollar or we have an epic crash. Energy prices are the alpha input to all economic activity.

Or, as Mr. Soros and his theory of reflexivity might muse, the crash, when it begins, will strengthen the dollar which will open the door to lowering rates again. But not without speculators taking a bath first. He did make a fortune betting against profligate governments....

 

[Stratos Capital]

We bottom when around 90% of guests on CNBC and Bloomberg are predicting a recession and a deeper bear market. We are currently at around 95%.

 

[KGTrader4]

The 1970s were literally where this giant mess went on steroids.



When AAPL hits $95.

Funny, i was thinking this morning, that i think AAPL goes to $95 before it starts basing for real. I wrote calls on it yesterday, took in $9.25 in premium for the Oct 140's

 

[nooby_mcnoob]

Funny, i was thinking this morning, that i think AAPL goes to $95 before it starts basing for real. I wrote calls on it yesterday, took in $9.25 in premium for the Oct 140's

Well then, either you are a genius or you are retarded!

 

[KGTrader4]

I'd say it started in 1987 with the Greenspan put. Plenty of bad things happened in the 70s, but I wouldn't say Fed market manipulation was one of them. Stocks basically went nowhere from 1968 to 1982. Unless you're referring to the U.S. getting off the gold standard or something else?

IIRC, Greenspan didnt give a rats ass about what the market did. He was going to do, and did, whatever it took to kill inflation and he was successful. I was buying CD's at the time with my kids college money, getting 14% and losing 5% of my purchasing power

 

[KGTrader4]

Well then, either you are a genius or you are retarded!

Not sure i understand the rational behind your comment, but i can honestly say there is a good chance its the latter. I know less than SoyUnPeredador LOL

 

[nooby_mcnoob]

Not sure i understand the rational behind your comment, but i can honestly say there is a good chance its the latter. I know less than SoyUnPeredador LOL

Great minds either think alike or retarded minds think alike. We'll know which one it is later.

 

[MKTrader]

IIRC, Greenspan didnt give a rats ass about what the market did. He was going to do, and did, whatever it took to kill inflation and he was successful. I was buying CD's at the time with my kids college money, getting 14% and losing 5% of my purchasing power

You're thinking of Voelker in the early 80s. Greenspan did care about the markets and intervened several times...not nearly as extreme as Bernanke and Yellen later, but he did use rate cuts to try to prevent crashes.

 

[KGTrader4]

Great minds either think alike or retarded minds think alike. We'll know which one it is later.

Got it. Two guys in the same boat. Which boat, TBD