SP500 weekly consolidation just before 2007 crash

Discussion in 'Trading' started by Sergio77, Apr 13, 2015.

  1. Pager

    Pager

    I don’t know how many times I have read about market tops and/or imminent crashes the last couple of years, eventually though the doomsayers will get it right and then can say I told you so.


    If you look at the chart, there is at least 6 occasions when it looks like the market has topped, then it stalls going lower and kicks higher, you could well have been sitting on the sidelines around the 1500 mark waiting, waiting, waiting, waiting, waiting, waiting, waiting………………………………………….
     
    #11     Apr 18, 2015
    dbphoenix likes this.
  2. Sergio77

    Sergio77

    I think you confuse market analysis with hope that something will happen. I then hope you were not caught long on Friday.
     
    #12     Apr 19, 2015
  3. luisHK

    luisHK

    I'm the one confused, really ?
    And you hope I was not caught long on Friday ? When the SPX lost a whoping 1.13% ??
    It must have been a near death experience for the longs out there.
     
    #13     Apr 19, 2015