We have topped!
- Thread starter TopHat
- Start date
Trade what you believe.... put some money I to it and see how you do. I personally have a bullish stance. So obviously I disagree with you. we will likely see new highs before we see break of recent support. This rally has been on larger volume, and included the small caps, Financials, and commodities. All of these are needed for a sustainable bull run and only recently have they been all going up. Every chart I look at looks strong. Many are overbought and due for a pull back but not a market top of any meaningfull length. I will buy on pull backs. So far this is working.
LMAO!
While us private investors can’t save the world, we can zealously try to transcend the real-world of popular opinion on the markets. Rather than living in the confusing world of Wall Street lies and perpetual promises of “the bottom is in” or the profit recovery will roar forth “next quarter,” investors can seek to understand the markets as they really are.
Only a relatively small number of contrarian investors truly seek to understand the markets while the rest of the investors are trapped inside, by their own choice, and have no hope of escape, blinded by their own delusions.
So lets see what your "bullish stance" gets you! Lets see what your "recent support" gets you! Lets throw in some of those "charts" for good measure! IMHO, these are more of your own self created delusions. It is time to break out of this trap and understand the markets as they really are instead of being caught in your own self created maze.
While us private investors can’t save the world, we can zealously try to transcend the real-world of popular opinion on the markets. Rather than living in the confusing world of Wall Street lies and perpetual promises of “the bottom is in” or the profit recovery will roar forth “next quarter,” investors can seek to understand the markets as they really are.
Only a relatively small number of contrarian investors truly seek to understand the markets while the rest of the investors are trapped inside, by their own choice, and have no hope of escape, blinded by their own delusions.
So lets see what your "bullish stance" gets you! Lets see what your "recent support" gets you! Lets throw in some of those "charts" for good measure! IMHO, these are more of your own self created delusions. It is time to break out of this trap and understand the markets as they really are instead of being caught in your own self created maze.
Repost of mine from October!!!
Take a good long look at that market fact and try to let it sink in that only 2 stocks have led this market over the last 2 years....zero zero zero market leadership...
65% of the market gains have come from only 2 stocks... That's what we would call a weak pathetic sorry market....imagine if these stocks didn't exist....there would be no market....2 stocks make up 65% of the s&p gains....hahahaha hahahah
Take a good long look at that market fact and try to let it sink in that only 2 stocks have led this market over the last 2 years....zero zero zero market leadership...
65% of the market gains have come from only 2 stocks... That's what we would call a weak pathetic sorry market....imagine if these stocks didn't exist....there would be no market....2 stocks make up 65% of the s&p gains....hahahaha hahahah
The most intriguing bear case I have seen is from research by Larry Mcdonald. At the end of two term presidencies the markets the past 4 times have had bear markets. Maybe it's due to uncertainty that comes with regime change.
Although so far it's not looking like a bear as the move is suppose to happen the last 1.5 years of a two term presidency. Perhaps the streak is over unless we crash hard in the next few months.
Also, I kind of agree with the guy that says fade these threads...lol
Although so far it's not looking like a bear as the move is suppose to happen the last 1.5 years of a two term presidency. Perhaps the streak is over unless we crash hard in the next few months.
Also, I kind of agree with the guy that says fade these threads...lol
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Market is heading up, it's evident by looking at it.
Or this maybe a market top who knows. As a trader I am not buying at these levels. Even if it just sits here I am good as lots of short premium will come in
Yep a Santa clause rally on top of the already Trump rally....zero risk all reward, everyone on wallstreet is expecting a complete surge in equities into 2017 so just keep buying and buying.....
http://www.cnbc.com/2016/11/20/the-trump-rally-will-carry-through-the-holidays-bank-of-america.html
http://www.cnbc.com/2016/11/20/the-trump-rally-will-carry-through-the-holidays-bank-of-america.html