Small correction or the start of a bear market?

[S2007S]

I bring this question up because about 90% of the talking heads on cnbc think this is a minor correction in a strong bull market and that the rally will resume once again. I dont think anyone can take the pressure of thinking that this could be the start of a bear market that could drop the markets 15-25% from its highs.

 

[Landis82]

Quote from S2007S:

I bring this question up because about 90% of the talking heads on cnbc think this is a minor correction in a strong bull market and that the rally will resume once again. I dont think anyone can take the pressure of thinking that this could be the start of a bear market that could drop the markets 15-25% from its highs.

Once again, we find you watching and listening to CNBC as attentive as ever.
Big mistake.

 

[Ivanovich]

Quote from Landis82:

Once again, we find you watching and listening to CNBC as attentive as ever.
Big mistake.

Seriously, what gives?

 

[jamjob_ramjet]

Quote from Landis82:

Once again, we find you watching and listening to CNBC as attentive as ever.
Big mistake.

never, ever listen to that channel

not ever

 

[Pro_Trader720]

I think it's the start of a bear market. But I was wrong once before.

 

[ggoyal]

they want you to think that its a minor correction. even when the dow dropped 300 points yesterday, those assholes had at the bottom "dow still up about 8% for the year". if someone were dumb enough to believe what they say and see, and think to himself, wow this is a nice dip to buy into, he might be shooting himself in the ass.

 

[una11]

Commercials are massively net long while specs are massively net short...something to think about (hint: at the 2000 top it was just the opposite).

 

[dtrader98]

ahhhhh

The daily double bottom defibrillator liquidity boost has kicked in.

That massive shot of repo had to go somewhere.

Now if only they can keep the patient alive.

 

[Landis82]

Quote from blumartian:

So sad when traders realize they can't trade and spend their days trolling on forums ( or watching CNBC ). Have fun watching from the sidelines hoodoo.

 

[Cocaine]

Do you work for CNBC??? I mean honestly, you never shut up about them.

You are like a teenage girl with a crush on Justin Timberlake the way you swoon over CNBC

Quote from S2007S:

I bring this question up because about 90% of the talking heads on cnbc think this is a minor correction in a strong bull market and that the rally will resume once again. I dont think anyone can take the pressure of thinking that this could be the start of a bear market that could drop the markets 15-25% from its highs.