It's over. Historical bull run has come to an end.

O

orbit23

If this dump is not a trend-changer of the historical 10year bull market, then what is?

Buying the dip worked for the last 10 years, and seems like that period is coming to an end. I believe we are in a bear market.

Take a look at some high time frame charts. Everything looks toppish.

That virus is gonna fuck us up too. Good luck, everybody.

Start praying for a nice bounce where you can get out.
 
orbit23 said:
If this dump is not a trend-changer of the historical 10year bull market, then what is?

Buying the dip worked for the last 10 years, and seems like that period is coming to an end. I believe we are in a bear market.

Take a look at some high time frame charts. Everything looks toppish.

That virus is gonna fuck us up too. Good luck, everybody.

Start praying for a nice bounce where you can get out.
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I thought that Xmas of '18... then the Fed came in with big stimulus.

IMV, bull market might still be alive. We'll have to see how much the market reacts to Fed's next big stimulus and whether or not the market ultimately rejects the Fed Put as not being able to offset the virus.
 
Sekiyo said:
This is the Historical Bullrun



And it’s NOT over.

(Everyone was like “Stop smocking crack dude”)
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LMAO the great @padutrader 4800

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I know there is no absolutes in trading and i'd like to be proven wrong, i am just not seeing it. All the indices worldwide looking like a top on high timeframes.

The odds of bull run to continue, very low. If a bounce comes, i am betting on a lower high and shorting every bounce for the foreseeable future.
 
The thing is that the virus effect won't last more than a quarter, two max. At some point the selling will dry up and there won't be anything to trigger new waves of it, rather you'll see companies raising guidance or beating lowered estimates on H1 earnings, a V-shaped recovery in activity, and huge new wave of coordinated worldwide stimulus.

So the downside should be limited from here, but it's also not clear how we can get another big bull trend going with the prospect of a Sanders victory in November. Once you get to May or June the election will start to become a major factor.
 
US could open phase 2 trade talks with China immently not waiting for the election. Market would take that well.
 
ZBZB said:
US could open phase 2 trade talks with China immently not waiting for the election. Market would take that well.
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Uh huh, as if Trump or Kudlow and the rest would travel to China, or Trump would allow China trade delegates here. Won't happen until the virus is gone.

(And no, they do not video conference stuff like this. If they ever would have it would have happened long ago to save money.)
 
I'm wondering why gold didn't go up in a corresponding amount.

And the 3x Gold Miners ETF (NUGT) I used to own lost almost 17% today. I would have thought the opposite would happen.
 
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