i looking for a pull back again... somethng similar to feb-march but this time should rebound to trade sideways throught the year end... thats my prediction
I would hazard to guess that the markets will go sort of sideways for a day or two then spike up to a top. Then will go below the feb selloff.
Too many noobs here with few posts. I hate it when this happens to communities. The only downside to this bullish market is that the discussion here begins to wane. Since the market keeps going up the posts tend to become redundant and boring.
this market will zig zag or table when thr top is near ,tables can extend up like stair step,but mrkt wont reverse until we see either of these patterns
Strange we see constant discussions of a blow-off top that will bring us down some 20%. In fact, retail investors are at bearish levels (predicting a crash) last seen in Dec 2002. Too many joe average folks are bearish that is why the path of least resistance is likely higher: http://icf.som.yale.edu/confidence.index/CrashIndex.shtml
I am new to this forum but there seem to be a lot of predictions (not all but too many!) without any particular rationale being mentioned. What I mean by that is that you can make predictions based on certain events happening but if you don't say what those events are you are just throwing a dart at the board. For example, if China adjusted policy next week again (probability = x) then the probability of the markets moving in a certain direction may change from y to z. So if you wanted to trade China policy in this way you would compare the spread between y and z and see if it is worth the risk defined by x assuming you have a strong opinion as to what x is. You could then pick the appropriate asset to trade. Just saying the market will move up, down or sideways for 2 months and then reverse or whatever is like me saying that Bush will kiss his wife 3 times tonight before calling his daughters to warn them about the dangers of drug abuse!