It would be just like the market to go parabolic from here.

P

pinetboltz

alright, i know this would seem 'contrarian' given that mainstream media / tv guests keep talking about valuations are high and therefore the market 'has' to go down, etc...

but when everyone thinks it's the top, it's probably not the top

who else thinks the market can go parabolic UP from here? maybe the accelerated price action from here is going to be the next curveball
 
pinetboltz said:
alright, i know this would seem 'contrarian' given that mainstream media / tv guests keep talking about valuations are high and therefore the market 'has' to go down, etc...

but when everyone thinks it's the top, it's probably not the top

who else thinks the market can go parabolic UP from here? maybe the accelerated price action from here is going to be the next curveball
More...

Parabolic in indices? That's low probability, slow grind up with bullshit pullbacks along the way or even range action sounds more plausible.
 
FreakofNature said:
Parabolic in indices? That's low probability, slow grind up with bullshit pullbacks along the way or even range action sounds more plausible.
More...

I think it may just as well accelerate from these levels too. BTFD.. However who knows, could be wrong too. Could be next stage is BS grind or even nosedive. With this thinking you cant be wrong!
 
"Fundamentals might be good for the first third or first 50 or 60 percent of a move, but the last third of a great bull market is typically a blow-off, whereas the mania runs wild and prices go parabolic." Paul Tudor Jones
 
comagnum said:
"Fundamentals might be good for the first third or first 50 or 60 percent of a move, but the last third of a great bull market is typically a blow-off, whereas the mania runs wild and prices go parabolic." Paul Tudor Jones
More...

lol exactly...it brings the following chart to mind
 

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