when is this market going to top?

algofy said:
No stopping this market, party like it's 1999.
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This is a good demonstration of the power of trends. The big money follows the trends and will use every pullback to increase positions. Till one day there will be a clear reversal of the trend.
As the big players enter on pullbacks, their orders have so much impact on the market that the only thing the market can do is follow the trend.

I have friends who are already waiting since the S&P went thru 2,000 to go short. They are still waiting and missed the whole move up. Never fight the trend, as you will always lose in the long run and miss a lot of profits by waiting.
 
3a5jb


this is not a top calling
just interested to see how price react around this level

have fun :D
 
If this market isnt jumping 87 points a day it doesn't even trade down...it just trades unchanged....
Talk about a market with zero selling pressure....
 
water7 said:
3a5jb


this is not a top calling
just interested to see how price react around this level

have fun :D
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Uncharted territories in this market only mean buy buy buy, right??.....its funny how no one wanted stocks in 2008 and 2009 when you could have bought just about anything 70-90% off from highs and now everyone is running and buying as if stocks are going to run up hundreds of percent more over the next 8 years!!!
 
Pull it back 100 years, and see how a short position does you if you are youngin'. Go long in the world, because the world keeps growing. So you suffer a decade-long pull-back. Big deal. You have decades in front of you for recovery, and the equity markets always recover. Just look at the historical charts.
 
S2007S said:
Uncharted territories in this market only mean buy buy buy, right??.....its funny how no one wanted stocks in 2008 and 2009 when you could have bought just about anything 70-90% off from highs and now everyone is running and buying as if stocks are going to run up hundreds of percent more over the next 8 years!!!
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What a steal everything was in early 09.
 
Overnight said:
Pull it back 100 years, and see how a short position does you if you are youngin'. Go long in the world, because the world keeps growing. So you suffer a decade-long pull-back. Big deal. You have decades in front of you for recovery, and the equity markets always recover. Just look at the historical charts.
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this sort of thinking has me thinking that US markets will go through Nikkei's fate at some point

something going up forever is bagholder mentality
 
recession2016 said:
this sort of thinking has me thinking that US markets will go through Nikkei's fate at some point

something going up forever is bagholder mentality
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Oh come on! Just look at all equity markets for the past 100 years! Show the mountain. You won't find one. Just the temporary tumble, and the climb higher over the previous peak!
 
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