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

S2007S said:
Geez...that's way too long. .but glad you have faith in the market that the s$p will not see sub 2800 anytime between now and November. I give it a 93% chance that it does!!!!
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Your forecasting ability is worse then zero proven over many years. I'm inclined to think serious support around 2820 will basically hold until the election. Note that I predicted we'd touch 3200 by end of last year when most of you thought that was a pipe dream.
 
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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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Nope. Think election. T will parlay the virus into 3 or more rate cuts, the Corona vaccine will be released, China trade issues will be magically resolved... and the economy will be a raging blaze around election time. Everyone's 401k will be bursting at the seams.

2021 will be the big bear run.
 
kmiklas said:
Nope. Think election. T will parlay the virus into 3 or more rate cuts, the Corona vaccine will be released, China trade issues will be magically resolved... and the economy will be a raging blaze around election time. Everyone's 401k will be bursting at the seams.

2021 will be the big bear run.
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index(3).jpg
 
Haaaa....right back to hopes and more Hope's of the fed propping up markets once again...damn this never gets old!!!!

MARKETS
Dow futures higher on hopes of global monetary stimulus
PUBLISHED MON, MAR 2 20206:02 PM ESTUPDATED MOMENTS AGO

Jesse Pound@JESSERPOUND

Eustance Huang@EUSTANCEHUANG




KEY POINTS
  • As of 4:30 a.m. ET, the Dow Jones industrial average indicated a positive open of more than 50 points.
  • Futures on the S&P 500 and Nasdaq-100 were both slightly higher.
  • In a volatile session, Dow futures had jumped 150 points earlier.



https://www.cnbc.com/2020/03/02/dow...ng-extending-mondays-huge-comeback-rally.html
 
The bulls should have wished for a gigantic drop monday in order to get the G7 to agree to a global rate cut but since the markets spiked yesterday the central banks eased back on any possible rate cut.
 
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