is now the best time to go short?
- Thread starter bluematrix
- Start date
i been around market similar time frame. i never saw pure bad economics and no growth in sales from businesses move a market 300 s&p points in 6 months. you have fed printing money in fear and wall street seeing nothing but businesses sales growth and economic sunshine.
Quote from hajimow:
I have 18 years of experience in the market and every time market acts differently so I don't know what will happen tomorrow or whether market is a short now or not ( I am short but I don't advertise r recommend it to everyone) but I know the following incidents will happen and when it happens, very rare traders will be on the right side. as someone mentioned market is up 140% but you can rarely find mutual funds that have a 10% return in the last 5 years. It means that we will see a drop that will wipe out all the gains.
1- You will see market drop (like 2%) when no one expects it. Maybe it will start with a very good news.
2- Some people will call it a buttom and will buy the dip !
3- Market will go up like 0.5% and then start to drop again.
4- Step 2 will happen again
5- Market will drop more
6- Media will be flooded with articles that it was "OBVIOUS" that market was overvalued and we will see a correction.
7- market will keep dropping and it will scare the investors.
8- Analysts will predict DOW 7000 and S&P 800. You won't see predictions of 110000 for DOW anymore
9- Market will drop more and people will sell with loss
10- Market will drop more and people will start to short
Your task : Can you predict the rest ?
Is this necessary that market will fell. I mean if it is in strong uptrend then more buyer will join the trend. Or the things work like profit taking push the market down. I am still a fresh trader trying to understand things.
Marketwatch ?? Good luck
So guys, The Market exploded to the upside today. I'm a little surprised at how it refuses to go down, but my Macd indicator gave a good hint, though hard to believe :eek:
CB's all over the world are beginning to mimic The Bernanke. Free money for dip buyerz?
CB's all over the world are beginning to mimic The Bernanke. Free money for dip buyerz?
Quote from Wide Tailz:
So guys, The Market exploded to the upside today. I'm a little surprised at how it refuses to go down, but my Macd indicator gave a good hint, though hard to believe :eek:
CB's all over the world are beginning to mimic The Bernanke. Free money for dip buyerz?
I'm not sure if this is genuine or another sarcastic msg. Eitherway, I now think the market will correct 87 crash-style as oppose to a gradual down-trend switch. I think if you're at all going to make money being short here is to be prepared to hold a significant loss. I think the only way out of it given the liquidty is a mini-crash. I actually wouldn't be surprised if fed pulls out QE outright (no tapering). I think we'll see a 10-20% crash over a period of a day or two and then the market will enter a proper long-term growth that will last 10-20 years. This current rally at this pace is not sustainable. NQ is trading like 1999. wouldn't be surprised if it hits 4k in 2-3 weeks. We can definitely see more pops. but when it crashes, everyone will say I knew it was going to happen. That's what I think will happen anyway. I could be wrong.
I've seen the light, and it is the MACD indicator, especially when you have higher highs & lows and fast moving averages above slow moving averages. Then you can throw down some trend lines for decoration.
All these TA tactics are saying one thing: The Trend is up.
Are there any technical reasons to suggest that we should be shorting the market now? It seems to me like we are in bubble mode now which can feed itself for quite awhile. This bull market has been going for quite a long time, but I see no technical reason for it to end right now. In fact, we seem to be looking at a strong upward trend.