Yikes More than half of the world’s richest investors see a big market drop in 2020, says UBS survey PUBLISHED TUE, NOV 12 20198:37 AM ESTUPDATED 40 MIN AGO https://www.cnbc.com/2019/11/12/mor...-investors-see-a-big-market-drop-in-2020.html
Wow the fed did a fine job at keeping this as the longest bull funded historical low interest rate money pumping rally in history.... Yipppppppppieeeeee Wonder how the collapse will look on that chart. I mean even if it sells off 50% ++ it's still well well well well well above the lows from 2009. View attachment 213194
alternatively do day trading. Then we'd just focus on day range. Then we wouldn't bother about bulls or bears or pigs or whatever. ES broke the record to achieve biggest month range on Dec 2018 !!! day traders focus more on lower half of the chart (day/month range) the upper half of the chart ( price ) is rather useless and worthless. And who focus on the upper half of the chart? writers, financial experts, talkers, politicians, news reporters, investers, bankers, trading coaches notice that I intentionally gave more space for the day/month range and less space for the price.
One thing for sure, it will be ugly, very ugly as majority of the tools were already used to artificially pump the market.
Bears have forever lost if they short at 2009 or 2011. That is my view. Don't be hard headed. If you get 2013 levels, it is a gift and you take it.
I totally agree. No one sees or understands this because its been 10+ straight years of unstoppable gains but one day it will end just like every bull market in history has ended before. To believe this is an unlimited upside bull market that can keep gaining and gaining is foolish. Just heard that in the first 3 quarters of 2019 GDP growth is about $400 billion here in the US, but companies have added $6 trillion in market cap. That's totally upside down. Something is very very fu×king wrong here.