How will YOU determine that we have bottomed?

Discussion in 'Trading' started by SoyUnGanador, Jun 16, 2022.

  1. Nobert

    Nobert

    Their explanations is a good dose of humor tho.

    When you realize that something like fool.com is actually for, fools.
     
    #11     Jun 16, 2022
  2. MKTrader

    MKTrader

    I'm not talking about what they should do. I'm saying what they could do based on their past actions. In addition, they play lip service to being non-political, but with mid-terms coming up, there will be pressure on them. With that said, they're in quite a bind as lowering rates again could make inflation pick up even more--something they haven't had to worry about in many years.
     
    #12     Jun 16, 2022
  3. The 1970s were literally where this giant mess went on steroids.

    When AAPL hits $95.
     
    #13     Jun 16, 2022
    KGTrader4 and TrailerParkTed like this.
  4. maxinger

    maxinger

    1. simply use a straight ruler.

    2. place it on the NQ or Bitcoin chart touching the highs.

    3. Ask the blind man whether the price has pierced through the
    straight ruler or not.
    If it has not pierced through, it is still on the downtrend.


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    Last edited: Jun 16, 2022
    #14     Jun 16, 2022
  5. notagain

    notagain

    Blame Rice, Obama for pandering to commie paid for green propaganda.
    The 200 week SMA is the bottom for managed self sabotage.
     
    #15     Jun 16, 2022
    MKTrader likes this.
  6. ET180

    ET180

     
    #16     Jun 16, 2022
  7. MKTrader

    MKTrader

    I'd say it started in 1987 with the Greenspan put. Plenty of bad things happened in the 70s, but I wouldn't say Fed market manipulation was one of them. Stocks basically went nowhere from 1968 to 1982. Unless you're referring to the U.S. getting off the gold standard or something else?
     
    #17     Jun 16, 2022
  8. Yep, gold standard. It's a continuum.
     
    #18     Jun 16, 2022
  9. The next not-QE will tell you so. Markets don't turn upwards in a recesseion without a reason to.
     
    #19     Jun 17, 2022
    nooby_mcnoob likes this.
  10. Pekelo

    Pekelo

    When you see double bottoms with RSI divergence.
     
    #20     Jun 17, 2022