24 replies to this topic

[viccarter]

who is Neely?

[SemiBizz]

X-Waver

[kinga200]

I have been a subscriber since 2007/2008.
 
If you ignore the crash call he is in fact looking for a decline that is greater than 13% that occurs in the space of less than 5 weeks. He feels that this will kick off in the next 1-3 months, but likely after a blow off move first.
 
I think his short-term count is wrong (that is, I think after a meaningful pullback there will be another higher high) but nonetheless I do feel that the above statement will prevail because I think we are seeing a repeat of 1998; that is, the deflationary pressures are building and that it will be September/October when these come into firm focus for investors. Just my two cents.
 
Taz

Great two cents. I think this is the blow off top. My reason is the financials. Look at the financial index post election. The Financial moved +30% during the post election rally now trending down.

They lead the blowoff n they are leading the move down.

[alexnewbee]

 

I have been a subscriber since 2007/2008.
 
If you ignore the crash call he is in fact looking for a decline that is greater than 13% that occurs in the space of less than 5 weeks. He feels that this will kick off in the next 1-3 months, but likely after a blow off move first.
 
I think his short-term count is wrong (that is, I think after a meaningful pullback there will be another higher high) but nonetheless I do feel that the above statement will prevail because I think we are seeing a repeat of 1998; that is, the deflationary pressures are building and that it will be September/October when these come into firm focus for investors. Just my two cents.
 
Taz

Great two cents. I think this is the blow off top. My reason is the financials. Look at the financial index post election. The Financial moved +30% during the post election rally now trending down.

They lead the blowoff n they are leading the move down.

 

On fractal we are in Oct 2007. Nasdaq made new highs, S&P double top. Just as a possible scenario. 

[alexnewbee]

bulls better turn this pig here up - or ...

[SemiBizz]

Macy's sales were down almost 5%... Retail is DEAD...

 

Bearish downside objective today 6040 Nasdaq gap fill..

[SemiBizz]

GS PLUMMETING... CHECK OUT THE 3 MIN GAPS DOWN ... WOW.

[Rogerdodger]

Tom McClellan:

This One Indicator Is Calling for a Stock Market Rally Starting in June

[SemiBizz]

Today's probably just a Dress Rehearsal...

 

Undertakers are in there measuring it for the size of the coffin they will need when the real deal comes...

[SemiBizz]

KingAire is enjoying watching these financials though, a sigh of relief...