Forgive them Father . Euro, USD, Sterling et al all will verschwinden by 2025, the expected bottom of the Bear. We are going back to RealMoney GOLDIE finally. In the meantime i.e. load up on USD big time (actually since March 2008 although sideways on monthly for 2 exasperating years ). Don’t muck about monkeying LONG with Goldie now. She is going south big time while Dollar Index rockets to next snacks and juice station @ 120
For Sentiment assessment this ET professor’s comments are soooo in the 100% bullish camp as to be just barely shy of actually physically attacking me because I have the audacity to blaspheme against the 10 year well entrenched bull market “This has Train Wreck written all over it” “Pass the popcorn” I’ll bring the beer Train wreck gets underway oh my as early as Friday or Monday/Tue? .
for historians: Who hammered SPY? 78.6%. did the job. The curveball was that 61.8% did not. Can it go to 88.3%? It could but hope not. Switch to monthly for foundational power engine. .... Macdonald & RSI boo-ing the entire rally as weak and lifeless. Macdonald horizontal with the slight downward hook. RSI gone below 2016 lows. Man does not live on pure price action only. .
Duh! Post a trade so misery gets company. The bar is low. Even a trade done in hindsight will be accepted.
Watch and learn my son, mkt going up. Bears a gonna getting a lickin and it aint bears lickin honey but lickin their wounds.
Boeing crashing, all economic indicators in the butt, mass shooting in NZ...that`s fucking great sign for the bulls!!!
%% OH, SO you dont buy all that media nonsense about the bullmarket/upTrend being 10 years old?? LOL i don't either.And its like the old paper edition of Modern Trader or whatever magazine noted , S&P 500 equal weight was down about 25%. Remember, many said that was NOT even much a correction or bear ' cause it only went down 19.777% LOL. Frankly i use a 200dma + discretion[200 day + 200 period moving average] much more than news media nonsense....................................................................................................... I'm exspecting a selloff by last week of MARCH, 2019. NOT a prediction, not bank insured....... SPY+ QQQ , UPRO,are still up Trending above 200 dma, IWM below/near 200dma. TSLA, below 200dma, 50 dma, bad customer service, $40 million SEC fine, no dividend, no year to date gains[minus -16%, YTD] ,222% debt.LOL