i think the top is in fwiw looking at the smh sure looks like it topped on april 27 we will see
me im bearish
Started by
gannman
, May 06 2016 03:32 AM
5 replies to this topic
#1
gannman
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Posted 06 May 2016 - 03:32 AM
feeling mellow with the yellow metal
#2
csw2002
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Posted 06 May 2016 - 05:12 AM
Didn't you say the decline is corrective rather than impulsive? If you still believe it is corrective, we should get another rally back up?
Don't be a fool like me - How I lost $10K
#3
gannman
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Posted 06 May 2016 - 06:05 AM
Yes I did but upon closer examination that decline off of 4 27 in smh looks impulsive.
feeling mellow with the yellow metal
#4
gannman
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Posted 06 May 2016 - 06:09 AM
Just to clarify 2 months from now I think we will be a lot lower
feeling mellow with the yellow metal
#5
K Wave
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Posted 06 May 2016 - 09:28 AM
And NAZ/SOX will lead the way...NQ on the verge of losing the YUGE battle at 4300...crash window opens if bear takes the ball here....
IF SOX takes out the March open at 627.50 area today, likely game on for the bears....
Edited by K Wave, 06 May 2016 - 09:29 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#6
Ticker
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Posted 06 May 2016 - 11:20 AM
I am still bearish medium term/long term. Covered half my shorts yesterday and today. Will look to re-enter when it bounces. My impression is that we are in a bear market and we will not see new highs. Time will tell.
Edited by Ticker, 06 May 2016 - 11:21 AM.
