Is the Bear market that began January 2022 over?

Discussion in 'Trading' started by margin_gamble, Aug 3, 2022.

Is the Bear market that began January 2022 over?

Poll closed Aug 18, 2022.
  1. Yes

    12 vote(s)
    23.5%
  2. No

    29 vote(s)
    56.9%
  3. Don't know

    11 vote(s)
    21.6%
Multiple votes are allowed.
  1. A taste of what KNOWLEDGE does to the soul, its sooo staggering so refreshing, comes in handy sooo much ............. at ET in a mere 3 weeks of participation I have come to the clear conclusion that the level of knowledge is abysmal



     
    #201     Aug 10, 2022
  2. destriero

    destriero


    So eventually, regardless of draw-down, you'll be proven right. I'd rather make money than be right.

    Screenshot_20220810-092454_Gallery.jpg
     
    #202     Aug 10, 2022
    SunTrader likes this.

  3. Nicely done. God bless you. :)
     
    #203     Aug 10, 2022
    murray t turtle likes this.


  4. What friggin drawdown, amigo? :D I don't got no drawdown. I had one, remember. Its clearly documented. Yeah, it was yuge. But I rode it out. I have no net losses for the bend in the trend. Nothing to write home about either. But no nett losses.

    Is there anyone here who can read before they come up to challenge? Its a bad sign, guys :)

    Every man has a right to his opinion, but no man has a right to be wrong in his facts.

    Bernard Baruch



    F%$%%# Hell I might have taken a wrong Interstate turn and landed up in LalaLand where the elitists hang out.

    In the 3 weeks I've been here I have only encountered about 2 or 3 individuals who can take out a burger out of a take out stand.


    :D:D:D:D:D


    What will the 4th -8th week bring? :):):)
     
    #204     Aug 10, 2022
  5. Good odds that by the end of this today's session, Dow Jones should be dropping a sausage as he gives up the gains. Just a hunch. Just my 2 centavos. :)


    Pour it on Deadbeat Central! :D:D:D God, do I love this place they call ET. :)
     
    #205     Aug 10, 2022
    mac likes this.


  6. Chief, just to make things clear, I am not a fan of drawdown. No sir, defo NO. You are abs correct, a drawdown does not justify doodly squat.

    I abhor a drawdown. But I am terribly sorry to say that I got cott up in one in QQQ as shown here in my thread along with the concommitant suffering and humiliation. I do not approve of drawdowns.

    I will try not to let it happen again.

    Thanks for your pointer. It is sound. Much appreciated :)
     
    #206     Aug 10, 2022
  7. Dow forming topping tail as cannot close above 61.8%
     
    #207     Aug 10, 2022
  8. The most beautiful thing for yours truly is to go up against thousands of no-skin-in-the-game coffeeshop losers who come in for their pound of flesh of yours truly. Nothing pleases me more. :)

    Its verification of a BEAR market.



    Heck, very often they send 3 professional gunfighters to take me out but thus far none has succeeded. Why? Because I am self-educated and have street smarts. Only experience is lacking


    TA suggests he must decrease the separation of the 3 fighters because the nanoseconds spent to moving the barrel from one to the other would be the cause of losing. He therefore had to bring them close together. The 3 dummies of course had no idea of such smarts of TA.

    Then came the psychological ploy, "you brought two too many" this rattled them and gave him the EDGE.

     
    #208     Aug 10, 2022
  9. The NO votes are climbing. 1 more in the last few minutes.

    21 fellas at ET. I would love to meet their tailors. These boys are men of substance. :)

    God bless 'em
     
    #209     Aug 10, 2022


  10. Bear market factoids about the magnificent courageous ET traders who voted NO

    If they were to show themselves in public here they would suffer the same fate as I. Ostracism. You see the Mob/crowd has a warm and cuddly feeling and offers security and protection if part of it. Stray from it and you lose all of that. But what the members of the crowd never realize is that they sold thesselves to the Devil to be in the crowd. They lost their individuality. YUGE price to pay.

    There are severe penalties for going against the crowd. Donald Trump found out the hard way.
     
    #210     Aug 10, 2022
    murray t turtle likes this.