Intermediate bottom is near because...

P

polpolik

... I've at least 6 friends, who never cared about their retirement, contact me and ask me if they should put their 401k into cash. And i think at least 4 of them did.
 
If you look at many sentiment indicators, we are close. But it looks like we need one more huge wash out day. Monday? Otherwise we will keep seeing more sideways action.
 
Quote from RiceRocket:

If you look at many sentiment indicators, we are close. But it looks like we need one more huge wash out day. Monday? Otherwise we will keep seeing more sideways action.
More...

You're right. A really bad day marked with a massive reversal will be what the bulls need.
 
Quote from polpolik:

You're right. A really bad day marked with a massive reversal will be what the bulls need.
More...

tomorrow could be that day. futures are down >1.5%
 
Quote from polpolik:

... I've at least 6 friends, who never cared about their retirement, contact me and ask me if they should put their 401k into cash. And i think at least 4 of them did.
More...

I did similar observation....time for a dead cat bounce :)
 
You must log in or register to reply here.
Back
Top