33 replies to this topic

[redfoliage2]

Oct 19, it can repeat after 30 years:

 

https://blog.thearor...la-bac-spy-eem/

Edited by redfoliage2, 03 October 2017 - 08:22 PM.

[da_cheif]

there is absolutley no similarity with 1987........read my lipz

[melonseed]

I am not buying this bullish sentiment. I mean the extreme greed. At new highs there are always a heavy poportion of people calling tops. I do have friends shorting the market now. About half the people here are bearish. I mean I will be very careful going long if sentiments are extremely bullish. Just doesn't seem that bullish to me.

[redfoliage2]

Oct 19, it can repeat after 30 years:

 

https://blog.thearor...la-bac-spy-eem/

 

This market is setting up for a crash.  It will need a trigger and currentlly there are at least two black swans dancing around that can trigger a 1987 style crash:  1. the tax cut bill may fail to pass in the congress; 2. A nuclear war breaks out between NK and USA; and 3. let's just stop here..................... 

Edited by redfoliage2, 04 October 2017 - 07:28 AM.

[da_cheif]

how about wwII OR continental illinois collapse.....or vietnam.....or korea..... or savings and loan collapse......or WTC collapse.....

[typicalbear]

It's taxes cuts....not going to happen.  The boyz aren't stupid...they know this but use the tax "noise" to set up.

[CLK]

I think RUT has another 100 points upside to go, at least short term. TF hourly MACD setting up another 20 points very soon.

[redfoliage2]

It's taxes cuts....not going to happen.  The boyz aren't stupid...they know this but use the tax "noise" to set up.

Exactly the probability to fail in the congress is high. 

Edited by redfoliage2, 04 October 2017 - 09:00 AM.

[tommyt]

"Oct 19, it can repeat after 30 years"

 

markets dont crash from highs. Even in '87 which I traded, the market came off of its high, then tried to bounce, then failed. You are generally too bearish redf. The other item that is big is that the robots control the game most days now, 0 vol, 0 day trading for most. When we do drop, the excuse this time will probably be the robots and HFT's having to all sell at once.

Edited by tommyt, 04 October 2017 - 10:20 AM.

[da_cheif]

none of that has anything to do with the stock mkt