No Panic on Main Street = Crash Soon?

Where is the Bottom?

  • +/- a few % from the current level

    Votes: 11 30.6%
  • 10% lower

    Votes: 3 8.3%
  • 15% lower

    Votes: 6 16.7%
  • 20% lower

    Votes: 5 13.9%
  • 25% lower

    Votes: 2 5.6%
  • >=30% lower

    Votes: 9 25.0%

  • Total voters
    36
Quote from jack hershey:

This is another 10 to 12 years to go.

Within that frame of reference there will be four additional volatility expansions.

I am speaking from the reference of 53 active years of successful trading and not statisticulating.

I noticed that the last word of your post bears a strong resemblance to the word "emasculating." Coincidence???
 
Quote from keeptradin':

I noticed that the last word of your post bears a strong resemblance to the word "emasculating." Coincidence???

There was once a Harvard math prof who played the piano in Boston area bars. He sang ditties he wrote. I heard the word there and not in a place where weak males talked.
 
Quote from jack hershey:

There was once a Harvard math prof who played the piano in Boston area bars. He sang ditties he wrote. I heard the word there and not in a place where weak males talked.

Nice...:)
 
Quote from jack hershey:

There was once a Harvard math prof who played the piano in Boston area bars. He sang ditties he wrote. I heard the word there and not in a place where weak males talked.

Read Tufte's two books and find out how perception can be influenced in the face of organized inference (long term organized memory).
 
Quote from formal gold:

There's alot of bearish sentiment that might hold the market up for the very short term.

Hey shortie-- I posted this on sunday. Not a bad call for a usually cautious guy!
 
SPY, QQQ, XLE filled their gaps but VXX did not fill its gap completely (less than 1% left).

is the tiny VXX gap left significant? thoughts?
 
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