SPX 2008 vs 2022

H

Hunter2020

It's all because China hosted the Olympics in both 2008 and 2022. Such a special geo-political event warrants response of the same magnitude from Mr. Market's PET BEAR. 6 months difference in hosting time means the BIG BEAR DELAYED his CLAWS' swing by 6 months. Can expect similar market carnage this coming Winter like the Winter of 2008!!

The Chinese say good things come in twos. Well the second market crash mirroring the crash in late 2008 about to unfold shortly...

P.S: The Market always crashes in the Fall and Winter, never in Spring or Summer. If you used this logic to gauge Mr. Market's response to China hosting the Olympics, you will have judged correctly in 2022!
 
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I appreciate your perspective.
When it comes to the markets I try to keep
an unbiased rational focus and just trade
what I see on my screen.
 
mikeriley said:
I appreciate your perspective.
When it comes to the markets I try to keep
and unbiased rational focus and just trade
what I see on my screen.
More...

And does your screen tell you we started a never ending bull market not set to expire until 2035? Nope! All doom n gloom foreboding stuff I see just from the chart...
 
And does your screen tell you we started a never ending bull market not set to expire until 2035? Nope! All doom n gloom foreboding stuff I see just from the chart...
More...

My screen told me today I picked up 233 ticks.
That's my only concern and objective.:D
 
OK, so anybody don't get my first post the gist of the message is:

Don't expect a BULL market when it's an Asian country doing geopolitical stunt like hosting an Olympics. Stock Markets dominated by Western companies have Yellow Fever, averse to anything Asian!

Do expect a BULL market when it's the G7 nations (minus Japan because of Yellow Fever) hosting the Olympics. Can look to 2012 London UK for proof!
 
BTW, there not gonna be a 3rd time. The 3rd time China hosts the Olympics, China is the #1 Supreme Country of the World beating the USA by a great margin, and Chinese exchanges like HK, Shanghai etc. are larger than American counterpart. 3rd time, Mr. Market from the West will remain silent, neither go up nor down, actions unlike 2008 or 2022 when China still weaker than US!
 
Hunter2020 said:
It's all because China hosted the Olympics in both 2008 and 2022

The Chinese say good things come in twos. Well the second market crash mirroring the crash in late 2008 about to unfold shortly...

The Market always crashes in the Fall and Winter
More...

Interesting correlation perspective, observation. I don't know, I wouldn't bet or count on it either way, though.
I'm only personally concerned and intimate with the market on a daily scale. Each, new, day trade is fully independent of one another.

Trying to anticipate and predict the, far, future and be a Nostradamus is a futile attempt that leads to nowhere, with no results.
 
SP dropped like 57% in 2008.

57% would put us to around 2000 from the heights and there doesn't seem to be any significant areas of support. Probably a bounce at 1900.

But it really does seem that the next time we take a dive, it goes all the way down to $1500 SPX. The current culture is so retarded, we might deserve it anyways.
 
Hunter2020 said:
It's all because China hosted the Olympics in both 2008 and 2022. Such a special geo-political event warrants response of the same magnitude from Mr. Market's PET BEAR. 6 months difference in hosting time means the BIG BEAR DELAYED his CLAWS' swing by 6 months. Can expect similar market carnage this coming Winter like the Winter of 2008!!

The Chinese say good things come in twos. Well the second market crash mirroring the crash in late 2008 about to unfold shortly...

P.S: The Market always crashes in the Fall and Winter, never in Spring or Summer. If you used this logic to gauge Mr. Market's response to China hosting the Olympics, you will have judged correctly in 2022!
More...

A nation hosting the Olympics has very little to do with market crashes though LOL. Many countries around the world have hosted the Olympics multiple times, does the market crash every single time when they host the Olympics? LOL And second of all, who told you the market is going to crash in 2022? A little bird told you? LOL
 
TheDawn said:
second of all, who told you the market is going to crash in 2022?

A little bird told you?
More...

Jerome Powell hinted today a recession might be around the corner, and he was serious about raising rates.
If a conservative, important, big, person says something like that...it's basically fact, and will be reality before the masses are aware.

Biden cancelled 10K of student loans to soften and improve his public image ahead of the coming recession.
 
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