2018 was a tad diferent. The fed was still being accomodative even though Powell mentioned the possibility of cutting back on QE. He later back tracked and thats why we bounced quickly during that time. This time is different though.
You don't seem to understand what a bear market is. Let's see in a year what this looks like and whether we were in a "bear market" or an "epic collapse" or a "market crash". And you can explain yourself then. However, I'm well aware when I've done the same in the past, expecting posters to be accountable for their calls, they rarely are.
Very bearish, looks at all those big red candles there together at the end! Fucker is falling like a neutron bomb!!!
Damn Ken, if I did not respect you so much I would not be so scared right now. I think its game over for the bulls. You are right. They are going to come in here and wipe us all out. Every last one of us. Overnight will be the first to go, probably me second.
Grab your balls and take a ride. Don't wimp out. We have OP EX tomorrow, and Fed next week. Fun stuff coming. The economy is too strong for a drawdown below the lows of last year. That is my OH.
Oh I've already booked a 40% down year, that is happening. I just hope it is not worse. It will probably be a 60% to 65% down year based on expected interest rate action and what not. That will hurt. I have some puts to protect me, but still, it is going to hurt. But it is what it is. The bears are here and the are NOT HAPPY about all their years of forced hibernation.... Nice song, I remember that one!