Bigger thing to deal with in this thread is this: What if it runs out I am right and that this rally is a m ere bear rally and that the BEAR continues and is acknowledged by EVERYONE of the old timers here at ET. They all unanimously come out and state, "we called it wrong, its a BEAR market rally not a bull market!" You jut might have to delete all the threads so nobody finds out what a godforsaken place this is - one in which the players have all the tools and the gobs of time and sharing experiences and they still can't see doodly squat coming time and again the same story! that is the more serious issue. Me? I will keep my mouth shut when I am outside ET. Not a word of this goes to anyone else. But it surely will be a terrible day for the old timers here. their ignorance will be proven bliss finally. One bear market rally flushed them all out simply because I and only I made it an issue by putting it in a thread. And there is no denying it taht this issue of bear rally or bull market is the single most important issue facing the investing and trading world right now since June 16
It seems to me the single most important metric facing you is the inflation reads/Fed positioning. Yer gonna' get screwed, or yer gonna' get paid, just after Wed Sep 21st. That's the biggun'. Along the way, we gots CPI, NFP, GDP, retail sales, a ton of PMI prints, and Jackson Hole. Hold onto your potatoes!
Check this out, Overnight ............... pls verify other sources for the Dumb Money buying the entire bear rally, not the big guns or institutions The Dumb Money aka retail traders have been flogging this rally and that is why it is doomed to fail. then there is the declining volume for the entire rally = low conviction or no conviction checkit out
Its going to be mighty painful for the old timers here at ET when they truly discover that the entire bear rally was run by the DUMB MONEY and that they have been inadvertently part of this dumb money gang. disgraceful! Its going to hurt a lot of egos.
Sorry, not going to watch a 35 min video of some guy talking about TA and "dumb money." Whatever, man.