This is looking like a BEAR market

[JSOP]

Originally I thought it was just an ongoing sector rotation but all I see is sellers.

Starting to look like December 2018 when the QQQ fell 20% in 23 days from 12/1 to Christmas Eve. I remember because that was the most depressed I ever saw Cramer on CNBC.

I also noticed after the Peloton news the QQQ really started to slide. Maybe it was a coincidence.

New Indicator in the Technical Analysis toolbox: Cramer's mood on CNBC LOL

 

[brightside]

2018 was a tad diferent. The fed was still being accomodative even though Powell mentioned the possibility of cutting back on QE. He later back tracked and thats why we bounced quickly during that time. This time is different though.

 

[Nine_Ender]

Another strong up day pummeled, looks like market is going negative again. Bears be like:

Game over for the bulls?

You don't seem to understand what a bear market is. Let's see in a year what this looks like and whether we were in a "bear market" or an "epic collapse" or a "market crash". And you can explain yourself then. However, I'm well aware when I've done the same in the past, expecting posters to be accountable for their calls, they rarely are.

 

[maxinger]

Another strong up day pummeled, looks like market is going negative again. Bears be like:

Game over for the bulls?

how bearish does YM looks to you?

 

[SoyUnGanador]

View attachment 275872


how bearish does YM looks to you?

Very bearish, looks at all those big red candles there together at the end! Fucker is falling like a neutron bomb!!!

 

[Overnight]

Mmm, time to get back into EQ, and talk.

 

[KCalhoun]

I want to do daily odte SPY intraday puts but I don't know how. Inverses it is.... bulls r fkd

 

[SoyUnGanador]

Damn Ken, if I did not respect you so much I would not be so scared right now. I think its game over for the bulls. You are right. They are going to come in here and wipe us all out. Every last one of us. Overnight will be the first to go, probably me second.

 

[Overnight]

Damn Ken, if I did not respect you so much I would not be so scared right now. I think its game over for the bulls. You are right. They are going to come in here and wipe us all out. Every last one of us. Overnight will be the first to go, probably me second.

Grab your balls and take a ride. Don't wimp out. We have OP EX tomorrow, and Fed next week. Fun stuff coming. The economy is too strong for a drawdown below the lows of last year. That is my OH.

 

[SoyUnGanador]

Grab your balls and take a ride. Don't wimp out. We have OP EX tomorrow, and Fed next week. Fun stuff coming. The economy is too strong for a drawdown below the lows of last year. That is my OH.

Oh I've already booked a 40% down year, that is happening. I just hope it is not worse. It will probably be a 60% to 65% down year based on expected interest rate action and what not. That will hurt. I have some puts to protect me, but still, it is going to hurt. But it is what it is. The bears are here and the are NOT HAPPY about all their years of forced hibernation....

Nice song, I remember that one!