SP barely hanging onto a 2% YTD gain, home prices falling, Fixed income falling, food and energy rising. Whats an average person to do?
Is This The Worst Of The Worst
- Thread starter myminitrading
- Start date
short the indexes, close your eyes , turn out the lights, come back in one year.
you will be a rich man.
classic bear market price action.
Ride the dragon? Fire up some chiba? short indexes?
I say buy South East asia and short USA
Commodities are so strong though. Now that everything is electronic and anyone anywhere can trade it's tough to get a handle on were we are headed.
If this is a bear market why would anyone seem to complain when the Bull has been running long for 5 years. Its time that the bear makes his way to wallstreet, its been too long of a run for the bulls, bull markets do eventually run out of steam which I think we are seeing here in the last month. I could be wrong and the DOW could be back above 14k, but these markets along with other markets around the world are getting tired, some of them up over 300-500% in the last 5 years. The next bear market should be no surprise to anyone, especially after the most impressive gains in history.
I don't know....Sooooooooo much bad news. How much more is there? All news absorbed and still less than 10% off highs...Not a Bear, but definitely crappy action to the long side. But tell me the last time it was easy to buy a correction after this type of run? It's always hard and the harder it is, the better the reward usually...Case and point the move off the August 16 low...Almost 200 S&P points.
LOL thats not how the markets work. The duration of a bull market has nothign to do with how long it will continue.
With huge overseas growth, low inflation , cheap dollar, huge corporate profits, global stability, low rares, and tons of consumer spending this market will only go higher.