Are you talking about a MAJOR TOP or just a pullback type of top before continuing higher. Because I think most here woould agree this may be a shortterm pullback type of top but most definitely NOT a Major Top. I will continue to buy dips.
We have topped!
- Thread starter TopHat
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Are you talking about a MAJOR TOP or just a pullback type of top before continuing higher. Because I think most here woould agree this may be a shortterm pullback type of top but most definitely NOT a Major Top. I will continue to buy dips.
Hmmmmm. Good question.
No answer on that one yet. Everyone is bullish, but there are huge problems out there.
For now, its only temporary.
No vibes yet.
Funny...oil and energy falling pretty hard today markets are up....next day oil zooms higher and markets are up....now they are saying if OPEC plays once again oil prices could collapse to $25 a barrel....uh oh....
This game has been going on far too long....just cut production or increase it...simple as that
This game has been going on far too long....just cut production or increase it...simple as that
Yeah I see a small pullback of <5% IF that. In fact this consolidation may have been the one and only pause. Certainly NO MAJOR TOP yet. Buying on dips....
As is everyone else. Red flag? Just sayin.... be careful.
Now oil is surging about 7% on possible OPEC cuts.......one day no talk of cuts, the next day talk of OPEC cutting production... The next day talks of no cutting production... I mean how many meetings does one need to make a decision on reducing production.... This has been non stop for how many months.... years???
It's just like the federal reserve saying one thing and doing another...
It's just like the federal reserve saying one thing and doing another...
View attachment 168477 So far so goodI get to pimp the Tophat today!
You do realize that S&P made a mew high of 2214, right??