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Bear Update - Crash


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#1 RagingSpartan

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Posted 24 December 2018 - 11:25 AM

SPX 2250 by dec 31st.

#2 12SPX

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Posted 24 December 2018 - 11:32 AM

why not around 2150 thats where there is a long term base! 



#3 nacho

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Posted 24 December 2018 - 12:18 PM

Surprising that this grinds lower for so long without the bottom falling out yet... It will interesting to see if the market grinds down to those levels without a capitulation.


Edited by nacho, 24 December 2018 - 12:21 PM.


#4 qqqqtrdr

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Posted 24 December 2018 - 01:13 PM

Small caps down .5% while major indices are down 2.3%....    How should this be read?



#5 Dex

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Posted 24 December 2018 - 01:17 PM

Surprising that this grinds lower for so long without the bottom falling out yet... It will interesting to see if the market grinds down to those levels without a capitulation.

 

"The market teaches you to lose."

 

People have been trained for a sharp decline and fast rebound.

 

They are not looking for the slow grind down. 


"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
17_16


#6 K Wave

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Posted 24 December 2018 - 01:25 PM

And there go the Utilities...absolutely hammered through key 720 level...

 

Full bear configuration now...


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#7 tommyt

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Posted 24 December 2018 - 02:08 PM

Its obvious to most that we are in a bear mkt...but I'm convinced that there is also something big to do with a crash into year end. Remember folks...the entry on any first rally won't be the easy setup. It will be news related and on a morning gap.