B1 reminds me of Comical Ali. If he is serious - which I highly doubt - it is beyond comprehension how he indeed was calling bear market for years in a record-breaking bull market and the just at the top changed his opinion. As others have said there will be a huge rally one of these days yes, just as there were dips in the past couple of years. But I completely fail to see how this market can go anywhere near ATH again for a long time. It seems the believers completely ignore the fact that economic damage is already a reality, not something the market is pricing in as a risk only.
Why didn't I post that!loo Chart of the Centrury, @Laissez Faire ... His ridiculousness on full display. The true comedy of this guy.
The Izzy Bottom was at 2389. Down 122 ES points. There's a Youtube video where cnbc celebrated the 10 year anniversary of "The Mark Haines Bottom". \ The commentators go on and and on about how he had so much class, and never made predictions. But when he did, it turns out he called 666 on the S&P to the day. So B1, I think you should show some respect. This cat died. "The Mark Haines Bottom" had class. You're acting a fucking fool ok. Period. Case closed. We'll be 300 points lower, and you'll still be acting a fool. Show some class. You were right NQ. 100%.
China and/or their agents are short selling The US Market. This is why The Chinese Market is not down anywhere near what we are and their market is actually looking like a recovery is coming. Short selling needs to come to an end for a while. This is the last effective tool available in the markets at this time to cause a rise other than buying which is also becoming more prevalent with each day. China is using this crisis to attempt to destroy us. While I do believe that the bottom is in and it held well today, this short selling needs to be stopped.
Speedo, you should start a journal. I will post there, as will a dozen others here. For some reason I think you hosting a journal with your tenure and respect, it will put an end to this. I will never post on this thread again if you do.