Is the Bear market that began January 2022 over?
- Thread starter margin_gamble
- Start date
I'm no permabull if we are talking about QQQ I have been bearish to neutral on it for well over a year and have yet to reevaluate that stance at any point. Permabears like OP are basically ridiculous people who have no idea how to value markets. I believe he's poster "dead broke" from years ago who thought SPX wouldn't get to 1500 again before it made a new low below 666.
For perspective, the TSX is down 4.45% ytd and the TSX capped energy index is up 34%. No bear market at any point this year.
Well said
That key level is the white dashed line in my chart. Its is none other than the Golden Ratio 61.8%
Keen and astute observers will note that SPY just can't get a good hard on going for the entire bear market rally causing me to believe that the entire bear rally has been run by Beta Males
see Thread title BEAR rally or bull market notes ................
Our worthy armchair gentlemen Traders of ET since antediluvian times since before Jesus Christ had his moment of doubt and faith have failed to notice or allow it to resister in their slowed minds due to decades of misuse ........... the the
DEATH CROSS in SPX & SPY are still in effect and have not showed signs of slowing down for a conversion to a Bull market cross.
Our worthy armchair gentlemen Traders of ET since antediluvian times since before Jesus Christ had his moment of doubt and faith have failed to notice or allow it to resister in their slowed minds due to decades of misuse ........... the the
DEATH CROSS in SPX & SPY are still in effect and have not showed signs of slowing down for a conversion to a Bull market cross.
Dearest Ching Ching Ka-ching,
Please accept my award to you as one of the top-notch contrary indicators at ET.
How and why so?
YOU, Monsignor ching ching ka-chinged in late December 2021, a mere 3 trading days from the the SPX all time top of Jan 4, 2022, then suffered enormous pain and hardship and disappeared for 8 months (a fibonacci number) only to return to announce ching ching ka-ching at the exact top of the current Bear market rally
I sincerely hope you will not depart again so suddenly for renewed treatment of re-opened wounds that the Bear rally has now inflicted upon you at your arrival moment of bliss.
You poor fellow!
Come and seek me out for a beer and fun on the town. I can be found in Santa Monica, CA at the pier after market closes every damn day. The ocean breeze does me a whole lotta good.
Ching Ching Ka-ching,
You cannot imagine how peaceful it is by the oceanside ............... hardly anyone there on weekdays. so do the following
Meet me on the Parkway
From 10 to 10 I can see anybody
I want them know I'm ready like Freddy
And I can entertain just about anybody in sybaritic splendor
Nature's bounty is the best-est feast
But you must do just as I say and meet me halfway on the Parkway
This song is for the benefit of all the ching ching ka-ching easy $$$ SPX cats. All TEASERS every single one of them with zero substance. Imagine the audacity to say SPX easy $$$. The penalties exacted will be severe as they already have been. Rickshaw Man is driving a ricksahshw in Pune. Makloda the thread starter is still in Purgatory.
TEASER - the song
QQQ Trading earnings will be partially siphoned into providing one major party every quarter at my house. Artists are flown in and will stay on the premises. 48-hr parties generally. Artists from all over the world, white black brown, oriental it don't matter. Love 'em all and I am a fan of world music like you cannot imagine. Booze and grub top-notch catered and in abundance.
Friends flown in from far away even as far away as Sweden. They come from far and away to partake of the rewards of TRADING the non-Famine way of yours truly
Next upcoming artist I am working on a deal to secure is this chap and so far its looking good.
Friends flown in from far away even as far away as Sweden. They come from far and away to partake of the rewards of TRADING the non-Famine way of yours truly
Next upcoming artist I am working on a deal to secure is this chap and so far its looking good.
/ES chart lesson for today...
Where exactly do you see "selling" or a "bear market" here? LOL
Here (daiy)
/ES chart lesson for today...
Where exactly do you see "selling" or a "bear market" here? LOL
Also, see Death Cross and declining Volume on the alleged bear rally. Not a good sign for a new bullmarket.