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#21 alexnewbee

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Posted 11 May 2017 - 09:45 AM

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...

yes, this is just a Schnupperkurs. 


"we do G.d's work" Lloyd Blankfein

#22 pedro

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Posted 11 May 2017 - 09:52 AM

Taz's interpretation of that call sits well with me, based on what I'm seeing.

 

We have a series of larger and larger 4,5 unwinds ahead.

And today is likely just another small one.

 

But a decent sized selloff is around the corner.   Which gets bought.

Any larger crash style wave comes after a protracted selloff the recovery from which fails to make new highs before it flames out.

Timewise, that's not close.



#23 blustar

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Posted 13 May 2017 - 06:58 AM

This doesn't fit the 20/40/80 week pattern lows.  More like August than June.


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#24 alexnewbee

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Posted 13 May 2017 - 07:11 AM

 

This doesn't fit the 20/40/80 week pattern lows.  More like August than June.

 

That indicator was showing considerable decline from Dec 2016.. It worked well, no? :)


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#25 cycletimer

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Posted 13 May 2017 - 12:30 PM

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

This doesn't fit the 20/40/80 week pattern lows.  More like August than June.

I agree with you Blue that a sell-off is about to begin and will bottom in July. Not a crash, but downtrend nonetheless and fear will return which will push the VIX higher.
I am not playing it with stocks, ETF's or options. My big trading play for past several months is bonds via TLT & ZROZ.
I got heavily long these (50% of my trading Capital which I consider a full position) on Thursday.
I'm targeting 127-130 on TLT thru July.
The way to play this is buying TLT and selling the July 127 covered calls. For a short term trade buy ZROZ or TMF.