no... 2000 tech I saw that coming even as a newbie in the market... wasn't member on ET then, but I told many friends the high flyers priced around $300 will all come down to $5 and they did. 2008 not so much, I don't pay attention to real estate..
* When do you think the market will fall?! This poll will close on Dec 8, 2019 at 4:29 AM. * How far of a fall?
Dozu888 continues to be the site sage....most correct for some time now. He has his reasons. Possibly his reasons are significantly weighted factors in markets or not. He dosent seem to need all the correct reasons to act correctly. ....i expect a crash this Tuesday.
So Tuesday, Nov 25th 2019, you expect the market to "crash". What leads you to that conclusion? I mean, was there anything in your particular crystal ball to lead you to conclude that the market would "uncrash" on Dec 26th, 2018?
When market hits record high, there will be millions of investors & traders who'd think the end of world is coming. And they'd think news like US China Tarriff war might trigger the market collapse. And they'd trade again the grain, against the flow, against the trend. They simply want to catch the market top without confirmation pattern / signal. Simply focus on the chart. and trade accordingly. and design your trade plan based on the fact that market cannot be predicted. we cannot predict the market. We can only predict human behaviour; it is soo predictable.
And could anyone have predicted the China announcement of IP violation enforcement during the weekend close in futures? No. That is human behavior. But the Algos popped it north to give us a gap up open on equity futures. No human interaction going on there, man. The chart says to go DOWN. But instead it goes UP.