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 .
Therefore given that Market has come down to the 50% level, we have (c) up to test the August bear rally top. This was and is my alternate thinking. Still not sure.

Vix is not responding like it should in a real wave 3 which is why this alternate count makes sense to me.

If this alternate is correct then the drop from Aug 16 is a (b) wave, not a Wave 3.

Time will clear this up.



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margin_gamble said:
Therefore given that Market has come down to the 50% level, we have (c) up to test the August bear rally top. This was and is my alternate thinking. Still not sure.

Vix is not responding like it should in a real wave 3 which is why this alternate count makes sense to me.

If this alternate is correct then the drop from Aug 16 is a (b) wave, not a Wave 3.

Time will clear this up.



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still in the cards. No change in overall stance despite no trades in Qs for 2 full days. Zero, zip, nada. :D

Like in rock n Roll, one good song can change the world

Like in beer, one good beer can change your whole latitude

Like in trading, one good trade can change an entire week to top-notch from mediocre

P A T I E N C E is a virtue in a BEAR market.

All the above chart means, if it is correct, is that the BEAR rally that began June 16 is not over yet. Its NOT a new bull market or any such thing, its just a 3-legged Bear rally known as an A-B-C .... "B" has been struggling to form but when it is complete we will have a rocket up northbound to finish the bear rally in a "C" wave.

Then and only then can Wave 3 down begin.

Just my 2 cents and of course it can be wrong.
 
Vladimir's game plan is conforming to my way of thinking more and more everyday. Now this is a Man who uses the concept of Patience is a virtue in a BEAR to the hilt. Look how he did it. He played low key and coming up with necessary (??) repairs of the pipeline as time brings the Joy-mans nearer to winter.

Then he will pull the plug.

All sanctions will have to be canceled.

Game to Vlade.

Of course with all the propaganda stateside one could easily assume and believe that the Russian people are vile people. Not true. they are just like us. They deserve to live in peace and tranquility and have nice things in their lives. So childish to close up Mcdonald's. What a crock!



 
KCalhoun said:
In sqqq soxs uvxy and scaling up. :D
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:D:thumbsup: When Ken is on a roll, even the cops will not give him a ticket for even outrageous speeding



Ken was driving his Porsche turbo at 140 mph and being chased by a cop in a supercharged car. Finally Ken decided to slow down and pull over as the consequences would be getting more and more severe

Cop walks up to Ken's window and says, "look Man, its 3:00 AM, my shift is over and I am tired and my wife has cooked a nice dinner and I want to go Home now and not get cott up in paperwork at the station"

"So if you can give me an excuse, one that I've never heard before why you were speeding and running away from me, I'll let you go without a ticket"


Ken's reply, "a month ago my wife run off with a cop and I thought it was you and you were trying to give her back!"

Have a nice night, said the cop and let Ken go
 
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