Just because one listens to CNBC doesn't necessarily mean they "listen" to CNBC. Big difference Fibs. Its the various personalities that make it somewhat entertaining. ....Not unlike you and this thread.
As usual you talk out of both sides of your mouth. You and they are addicted to CNBC but don't got the balls to admit it. You especially are so fckin wishy washy that on your wedding night when your bride says, "I offer you my honor" you respond, "I honor your offer". .... and nothing happens. You've been talking shit here for years with your pantyass crap, brought this site to extinction along with the likes of Clubber Lang, Destroyer, et al. Newbies here ain't going to learn a fcin thing from you, jackass. Now beat it.
Fibo, what BEAR? If an Empire shattering Bear Market should've started with the drop into Christmas'18, consider these: 1. The drop Oct-Dec 2018 has a corrective internal structure (a-b-c), not an ipulsive one (1-2-3-4-5). 2. If the first leg of any turn is retraced more than 61.8% (like the advance from Dec 2018 to today), it is very unlikely a huge Bear Market has started. It seems to me it's more like a Flat Correction has started Oct-2018, with wave-A completed on Christmas day and currently wave-B underway. So you may have your decline towards December lows for wave-C (with or without new all-time highs in a couple of weeks or a month or two, prior to the decline), but afterwards beware, a new upward pattern may develop. Wave Analysis is very fluid and tricky, valid signals are infrequent, mistakes are common, entry without confirmation is risky, entry WITH confirmation is awfully late. And what's wrong going with the HERD if money can be made with the move?
Also, the World and the SP500 in particular are awfully skewed to the upside, due to man's constant ambition and drive for achievment, new technology development etc., and the way issues are added and removed from the SP500. Currently I am: SPY Short Term: Bearish (6-9 months) Mid-Term: volatile, sideways to bearish (years) SPY Long Term: Bullish (decades) Daytrading for cash: Oil WTI only.
And what the hell, 80 pages since couple of weeks, mostly nonsense... clowns... it seems to me ET insider incentives are most of the of OPs, to generate ET click traffic from bored traders. Shifting focus away from trading, elswhere, IS a Holy Grail.
Thanks for showing what a lying scumbag you are. This was the part of my post you edited out when you started with this drivel- “I will be gradually buying into these stocks as well as a handful of other stocks on my watchlist as they meet the criteria (here are a few that are getting close--WAG, SLE, SWK, VZ, MSFT, CLX). This is NOT a short term trading portfolio. I know some of these companies have real problems that need to be sorted out and it will take time (I'm also aware that BAC, C, GM, etc may have to cut their dividends). I will be buying very small increments at a time.” “Also, this portfolio is a tiny portion of my net worth” ———————————————— I don’t mind a good flame war. And I can tolerate stupid people up to a point. But I absolutely despise liars. You are a total scumbag for deliberately editing my post. Oh and BTW- That side portfolio crushed it % wise. It was only a 150k (as I stated it was a CD that had matured). Unfortunately I sold it many years ago. When you reply to this DO NOT EDIT my post again you lying piece of shit.