Every down January since 1950 was followed by a bear market

Discussion in 'Wall St. News' started by dealmaker, Feb 22, 2020.

  1. southall

    southall

    When i posted that i was thinking the top was going to be in March. It happened a few weeks earlier than i expected.
     
    #21     Feb 29, 2020
  2. You’re not missing a thing. You took time to confirm whether or not that tweet was true. Based on what you found it isn’t. Good job.
     
    #22     Mar 1, 2020
  3. southall

    southall

    The 2010 down January was followed by a 17% correction a few months after (March to June). So the tweet was correct in relation to 2010. Yes the year ended up. But the tweet never said a down January precludes an up year every time it happens.

    The tweet has already proven true for 2020 as well. We have had the 10% correction already, and it didn't take long to come.

    “every down January (since 1950) was followed by a new or continuing bear market, a 10% correction or a flat year.”
     
    Last edited: Mar 1, 2020
    #23     Mar 1, 2020
  4. d08

    d08

    Putin being the old KGB snake that he is, it's very natural for him to do so.
    No western leader except for perhaps Germany and Italy would have direct financial dealings with Russia, so the only option is to cause mayhem, especially when Putin knows that he cannot really "fix" his own country. Having your enemies fight over things they won't even recall the next day while you slowly build yourself up is a wise strategy.
     
    #24     Mar 1, 2020
    apdxyk likes this.
  5. southall

    southall

    This thread pretty much nailed the top. The next day the market started to collapse.
     
    #25     Mar 12, 2020
  6. SunTrader

    SunTrader

    ..... driving right off a cliff.

    He wanted to Obama's birth certificate.

    But no one thought to ask for Chumpie's drivers license.
     
    #26     Mar 12, 2020
    Cuddles and d08 like this.
  7. volpri

    volpri

    ROFLMAO. THE BLACK BUZZARD FLEW IN. This was not Mr T’s fault you do know that don’t you? Nor is it the economy. It is an unexpected black buzzard event. Once it passes the markets will roar back. Just watch..wait...and see.
     
    #27     Mar 12, 2020
  8. SunTrader

    SunTrader

    ROFLMAO alright. Laugh otherwise we'd have to cry at the stupidity of Orangeman.

    BTW do you look at charts ... at all?

    It took 17 months back in Oct' 07 to Mar'09 for the Dow to give back 54%. Chumpie accomplished more than half of that 28% in 2 friggen months!!!!!!!!!!!!!!!!!! o_O

    He bankrupted a Jersey Casino four times over. He's stepping up trying to do the same to the biggest Casino there is. While his cheering section says attaboy.

    :D
     
    #28     Mar 12, 2020
  9. volpri

    volpri

    LOL your thinking might be pretty ignorant and you are using it to attack Mr T..... typical democrat modus operandi. This would have happened no matter who was president. Cheer up it will arise again out of the ashes and roar back.


    PS don’t get left behind...LOL
     
    Last edited: Mar 12, 2020
    #29     Mar 12, 2020
  10. SunTrader

    SunTrader

    Typical Trumper response. I am a Conservative though not a Republican anymore. With a brain so I don't march in lockstep with whoever the Swamp powers anoint as savior of the day.

    And don't worry about me getting left behind on the upside or downside currently. Price ya know goes both ways. You do go short or does your political blinders not allow that?
     
    #30     Mar 12, 2020