Is the Bear market that began January 2022 over?

Is the Bear market that began January 2022 over?

  • Yes

    Votes: 12 23.5%

  • No

    Votes: 29 56.9%

  • Don't know

    Votes: 11 21.6%
  • Total voters
    51
  • Poll closed .
Financial Armageddon - a different angle to view from ............. JUNK BONDS will take us to HELL. The gaps down have started again. Oh my oh my, fasten seatbelts

The downtrend is intact. Its integrity is non-pareil. See HYG

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When the Armageddon gets underway in earnest that will be the time to visit me in Santa Monica, CA for some tunes on the beach. On the Pier, Joanne calls out to me when she opens her shop and asks, "in the mood for some boogie woogie?" thenshe has coffe and croissants laid out and we have ourselves a ball. customers don't show up to purchase stuff from her until about an hour later :)



 
Global Dow Jones is now in TERROR WATCH ................ as the 3rd of 3rd = most powerful segment of a third wave gets underway.

And the timing of this 3rd of 3rd? Meticulous. How so? Because of the boost to the 3rd of 3rd from the King hisssself, dollar index.

Developing countries are going to drop like flies. Sri Lanka, Pakistan, Turkey and a bunch of others are going into a tailspin.

And all this is going on while Overnight sees no BEAR market!!! says he, "what bear market?"


Global Dow Jones daily



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KCalhoun said:
Epic selloff coming? Should be fun
More...


Best of luck, Ken. With your skill set you are i for a treat. I've thrown up a prayer to Mother Mary to include you in best wishes for success. You have good style and deserve success to the utmost. :)

On a side note revisit your GDXU trade. Instrument has limited data so I can't get a proper wave count. More tomorrow.
 
Terrible News:


Nine_Ender, the perennial Toronto stock market permabull is in dire straits as he has already lost a lot this year and now once again after recouping some loss due to the bear rally which to him is a continuing bull market ..... Toronto has now announced loud and clear

WAVE 3 down

God help Nine_Ender


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Ditto for theMickey as the ASX or AORD Australia stock market completes its bear rally which to theMickey is a continued bull run, will wipe out his life savings within 60 days if not sooner.



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Jesus H Christ, I am running out of deputies. Soon there will be nobody to read my posts or put me on Ignore as the place becomes barren! Sad, sad, sad. :):):D


They just would not listen. I can only warn and try once or twice. But victims are preordained to perish.

So bloody beautiful. have a look at Australia, just shy one or 2 hairs from hitting 61.8% retracement. theMickey is fast asleep to this realization. but he sure as heck will wake up when/if 61.8% is hit or touched and the dive bomb begins with a massive red candle
 
Behold the feno-men-al poder (power) of a Wave 3

sampling from 2008

Wave 3 buggers Fundamental Analysis and Analysts with reckless abandon. Conventional supports are made a monkey of in a Wave 3 decline.

What is one thing that Wave 3 will honor while crushing everything else?

It will honor the Golden Ratio of the monthly timeframe taken on the grid that the downwave is correcting.

38.2%, 50%, 61.8%, 78.6%

59% is not a true fib # but behaves as such


 
When Wave 3 descended upon the world in 2008 the gurus were scrambling to find safe investments to hide. there were none to be found generally speaking.

But wait a goddamn second, there must be at least one beneficiary in a Wave 3!!!!!!

Yeah baby, there was, in fact there was-es 2 beneficiaries.

Who were they?

US dollar and Japanese Yen.

$ buggered everyone but Yen buggered the $.
 
In this Wave 3 that is just aborning hardly anyone has noticed how timely the US dollar Index has just finished its recent correction and has come out the gate with c**k ablaze.

For this Wave 3 of year 2022, the sole beneficiary is King Dollar.

Fasten seatbelts, hide and watch!!!!!!!!!


And put your ear to the ground and listen to the commotion of the gold bugs who scream and yell, "the whole world is falling apart yet the safe haven of gold is crashing too!!!!!"

Yeah baby, they can never understand stuff like this of this stature and import

Only a Technician who has visited the dark ages can

And this technician wears a fancy 2-gun rig
 
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