It's not normal for things to be this rosy. A bounce off is possible but who knows really. It needs to go the other extreme.
Still, I have my long calls so lets see
Still, I have my long calls so lets see
Its Here
- Thread starter Stockolio
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I'd be more comfortable buying if the news starts reporting a terrorist attack or something.
I totally get you, but I think we've discounted all the positive news (fundamentals-wise) from last week, lost in the noisome Orange Sauce that continues to sway headlines and breed uncertainties (and thereby, sell-offs). That downswing-in-spite-of-good-news reminds me of an S&P p/e below 10.0: "Time to buy!" -- that was the bottom swing of Spring'09.
Is this THE bottom? I think so. (And, I'd have the stops to brace it, regardless.) My own newly-minted indicators probably will not show "Buy" til tomorrow -- EOD data and all that. So, I'm talking against my own ("new) rules right now, but..... JEEEZ.
((("D'Oh!!!" Contrary view: an article that speaks my language:
https://seekingalpha.com/article/4230191-earnings-matter )))
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Where are you getting a S&P pe of less than 10?
Anyway I think the market has priced in no or low growth right now. So as per Dalio, look to buy if productivity indicators tick up. Not a bear market but not bull either
If you need help learning how to read volume and momentum, just ask. Ill hold your hand the whole way through son
That was your response last night Dipshit.
Now you come back after a huge bounce and try to take credit!!
EPIC FAIL LOSER
Hahahaha, did I touch a nerve, Mr Narcissist ?
WTF are you babbling about?
You tried taking credit for a call you never made.
I called you out on it with your own post.
The End.