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Bears Totally Dropped The Ball, New Highs Imminent?


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#11 fib_1618

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Posted 22 February 2014 - 06:53 PM

So that new low in 09, that has not been retested like usual, 2011 was not a retest, didn't drop enough, it is very possible the 09 lows get tested.
This market, when it breaks, I do not think it will be a slow top, more like 1987. The NASDAQ stocks are in bubble mode again,
I do not think this is sustainable.

It's a real shame that you won't be participating...you're going to kick yourself later on when you look back and realize what you missed.

Could a...would a...should a.

Fib

Better to ignore me than abhor me.

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#12 CLK

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Posted 22 February 2014 - 07:02 PM

So that new low in 09, that has not been retested like usual, 2011 was not a retest, didn't drop enough, it is very possible the 09 lows get tested.
This market, when it breaks, I do not think it will be a slow top, more like 1987. The NASDAQ stocks are in bubble mode again,
I do not think this is sustainable.

It's a real shame that you won't be participating...you're going to kick yourself later on when you look back and realize what you missed.

Could a...would a...should a.

Fib




The next bear market will catch you off guard just like the last one. You are a perma bull, keep watching cumulative TICK......... :lol:.

#13 fib_1618

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Posted 22 February 2014 - 07:37 PM

The next bear market will catch you off guard just like the last one. You are a perma bull, keep watching cumulative TICK......... :lol:.

I have..you haven't...and this is why you continue to fail in your trading.

You've become a bitter person blaming everyone except yourself for your own misgivings.

You will never learn...because you don't want to.

And I'm done trying...

Fib

Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

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#14 CLK

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Posted 22 February 2014 - 07:43 PM

Tell you what......put all your money in long right here at 104 and let me know what I missed out on in a couple years.


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#15 fib_1618

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Posted 22 February 2014 - 08:18 PM

Tell you what......put all your money in long right here at 104 and let me know what I missed out on in a couple years.

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2012-11-29 18:02:35 [Message] fib_1618 -> Chat: this market is turning from a market of stocks BACK to a stock market
2012-11-29 18:02:42 [Message] fib_1618 -> Chat: we're now seeing broad participation here
2012-11-29 18:02:48 [Message] fib_1618 -> Chat: breadth and volume are confirming
2012-11-29 18:02:58 [Message] fib_1618 -> Chat: and we haven't seen that since the mid September top
2012-11-29 18:03:13 [Message] fib_1618 -> Chat: we also have inter-market relationships confirming
2012-11-29 18:03:21 [Message] fib_1618 -> Chat: and the one thing I have to stress here
2012-11-29 18:03:23 [Message] hkk -> Chat: so we should begin accumulating at these levels because it is now unlikely to go much lower from here?
2012-11-29 18:03:31 [Message] fib_1618 -> Chat: is that there is absolutely no lack of liquidity here
2012-11-29 18:03:52 [Message] fib_1618 -> Chat: and any or all pullbacks will continue to be absorbed quite quickly as we just saw two weeks ago
2012-11-29 18:04:11 [Message] fib_1618 -> Chat: until we get index pattern breakouts on the MCSUM's
2012-11-29 18:04:29 [Message] fib_1618 -> Chat: my suggestion is to focus on the sectors that are leading higher - like Biotech (BBH) (for example)
2012-11-29 18:04:44 [Message] fib_1618 -> Chat: and then going with the stock(s) that are leading those sectors
2012-11-29 18:04:55 [Message] fib_1618 -> Chat: as we also saw tonight
2012-11-29 18:05:00 [Message] fib_1618 -> Chat: the small caps are on fire
2012-11-29 18:05:07 [Message] fib_1618 -> Chat: and really
2012-11-29 18:05:11 [Message] fib_1618 -> Chat: if we think about it
2012-11-29 18:05:33 [Message] fib_1618 -> Chat: they were more buoyant in October than the large caps were
2012-11-29 18:05:40 [Message] fib_1618 -> Chat: which told us
2012-11-29 18:05:51 [Message] fib_1618 -> Chat: that any correction was just that...and NOT the start of a bear trend

That's when it was at 54...sorry that you missed out on that one too.

So stubborn...if only you put this much effort in learning how to technically trade the market you wouldn't be so resentful.

Fib

Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

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#16 CLK

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Posted 22 February 2014 - 08:48 PM

I turned bullish Jan. 2013 after being cautious late 2012. The past is the past, you a buyer at 104 or not ?

#17 CLK

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Posted 22 February 2014 - 09:07 PM

You basically disappeared from TT from Jan. 2008 until Oct. 2008 except for a few bullish gold posts. It's obvious to me that you were expecting new all time highs early 08 and when the market refused to continue to be a bull you gave up. You never posted market is going lower until it was almost over. Bull markets are more luck than anything, you can throw darts at about anything and with time it will be higher, but when it ends it ends badly.

#18 CLK

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Posted 22 February 2014 - 09:19 PM

NYAD was at ath's at the 2010 and 2011 tops, I doubt you got out of the way of either of those, 15% in 2010 and 20% in 2011.

#19 fib_1618

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Posted 22 February 2014 - 09:35 PM

NYAD was at ath's at the 2010 and 2011 tops, I doubt you got out of the way of either of those, 15% in 2010 and 20% in 2011.

Assume what you want...it won't change your giving up on yourself.

Fib

Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

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#20 CLK

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Posted 22 February 2014 - 09:45 PM

NYAD was at ath's at the 2010 and 2011 tops, I doubt you got out of the way of either of those, 15% in 2010 and 20% in 2011.

Assume what you want...it won't change your giving up on yourself.

Fib




You do realize that a stop can't be placed on a 401k, you can get out but only at eod prices, so the market can creep down a few percent
and then the next day be limit down, nothing you can do about it. That is why I am extra careful with that money. Like I said break the line over 17k
and I will consider adding longs.

Edited by CLK, 22 February 2014 - 09:46 PM.