Ripe looking dip
PANIC
CRASH
SELL SELL SELL
NEW LOWS, you were saying?
BULL TRAP
PLUNGEEEEEEEEEEEEEE
GERONIMO
market weakness
- Thread starter stock_trad3r
- Start date
I do see momentum coming out of the up trend, but failed_trad3r is still bearish so we can't crash until he throws in the towel and goes long.
Taking that into consideration, the wave count suggests a false break of the triple bottom then a massive short covering pop, which causes Mr. fail3d to capitulate and go long, and then the real correction begins.
Just a guess......
Taking that into consideration, the wave count suggests a false break of the triple bottom then a massive short covering pop, which causes Mr. fail3d to capitulate and go long, and then the real correction begins.
Just a guess......
Attachments
time to be bearish.
no way FED can sustain this artifical bubble type dysfucntional market.
common sense. glad FEd finally realized how stupid todo band-aide thing. no use, next crisis may be bigger than 2008 crisis. the fundemental problem is not solved.
Newton's law: how much action you apply, how much reaction you get.
YES, I am a put holders.
no way FED can sustain this artifical bubble type dysfucntional market.
common sense. glad FEd finally realized how stupid todo band-aide thing. no use, next crisis may be bigger than 2008 crisis. the fundemental problem is not solved.
Newton's law: how much action you apply, how much reaction you get.
YES, I am a put holders.
Just a few days ago TZA was at 16 and now it is close to 20. It is up over 7% today. It will be at 50 and over very soon.
I also predict MCD to become bankrupt in 10 years. My prediction looks funny now but big companies tumble fast. Blacberry, Circuit City,....
If I were you, I would switch all my 401K from stock and bonds to cash and just wait.
If I were bolder, I would short in my personal account but that is not for everyone.
If I were stupid, I would consider this as a buying opportunity and buy. Remember market is up over 100% in the last two years. dropping 5% does not create a buying opportunity.
ADI will also tank after their Q earnings in Feb
I also predict MCD to become bankrupt in 10 years. My prediction looks funny now but big companies tumble fast. Blacberry, Circuit City,....
If I were you, I would switch all my 401K from stock and bonds to cash and just wait.
If I were bolder, I would short in my personal account but that is not for everyone.
If I were stupid, I would consider this as a buying opportunity and buy. Remember market is up over 100% in the last two years. dropping 5% does not create a buying opportunity.
ADI will also tank after their Q earnings in Feb
Up over 10% now. Just after 8 minutes.
Today mutual funds will get nervous investors call to cash their mutual funds and that should make tomorrow uglier.
Bulls are getting SLAUGTHERED
We got beef for dinner today
that will teach you to ignore the CHARTS 1928 analog
We got beef for dinner today
that will teach you to ignore the CHARTS 1928 analog
Long & Strong
