We've seen the bottom, up from here

Nasdaq 100 and Russell made new lows for the year today.
S&P500 still holding the line.

The market at the moment likes to grind down slowly when making new lows, but loves blasting higher off the lows when the time comes.
.......:D
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Looks right\
SPY sure is holding the line,downtrending below 200dma line mostly + below 50day moving average line.
The good news is plenty of inverse ETFs making good uptrend$ [profits off SPY,QQQ......downtrends]+ bear moves.........................................................................:D:D
NOT a prediction.
 
99% of all investors are getting smoked

only 2 % are admitting it in public
About a month or so ago, for about 2 weeks, was having my best run EVER.
Ok, so some of that has been peeling off, no big deal.
burn-food-hot-smoke-fire.jpg

If you can't stand the heat in the kitchen...

Right atm, buying bargain stocks nearly daily.
 
My opinion, the bears are too afraid, they see this mkt not as a correction but as some kind of calamity with worse to come.
I don't see it that way.

We are in May, yup, this is the period until November where generally the mkt underperforms. Just a fact of life.

As usual, many investors overreact and dump stocks, great, the more dumping the better because I get a better price to buy.

Energy has been good, metals good, just need to avoid the trash stocks.

The large problem with investor trading, at the tops getting out too late, at bottoms getting in too late.

From my analysis, this 'bear mkt' is not severe.
 
Anybody still holding stocks in this bear market wow. I'm curious, how much further does it need to go down before you sell?

S&P what level?
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Holding stocks [ or ETFs]??
Something like that, but they hit my profit stops on UDOW,UPRO..... Fed day vol.
I scaled out of my longs \losses sooner in year:D:D
Actually I agree with Mickeys Headline =UP From Here: With Inverse ETFs.
Bear markets are good for Up trending inverse ETFs/LOL:caution: NOT a prediction\200dma trend.
[Another way to make millions in market/ buy SPY...... every month for 40 years.]
 
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