Dow futures has gone into lower circuit in 30 min. this is the most liquid market in the world. somebody predicted the world will end in 2020. I think the stock market is discounting that prediction and in my 26 years of market watching I thought I had seen everything.
what do you expect when people here are calling the bottom? they have absolutely 0 good reasons besides throwing out a guess and hoping to get lucky, for what reason? bragging rights? because it certainly can't have to do with making money (if you can predict the bottom this good on a larger chart, there's no reason why you couldn't do this on a smaller chart and have less risk with comparable reward because the markets are fractal).
End of the world sucks. That's because even if you are right, and are holding massive short positions, you would not be able to cash out.
just for kicks and yes bragging rights. in any case trading one bottom is stupidity-unless it is for scalp- markets hammer out a bottom. and tops are relatively quiet...…..
We live in extraordinary times. People only realize this once the world is shit turned upside down. This has been happening for years, because I did realize one thing in life. That is, there are no secrets, just hidden truths under a layer of foggy euphoria. This is the calm before the storm.....calm before the real storm.
And you still talk like a noob. No doubt this is pretty bad, but I believe the time when the Lehman/Bear/AIG was on the verge of collapse was even worse.