because it's probably the last one. Next year there won' t be any magician who can keep the market up
Enjoy the bullish ride
Started by
andr99
, Apr 19 2019 06:46 AM
11 replies to this topic
#1
andr99
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Posted 19 April 2019 - 06:46 AM
forever and only a V-E-N-E-T-K-E-N - langbard
#2
da_cheif
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#3
andr99
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Posted 19 April 2019 - 02:47 PM
oh really.....675ono
yes sir....... reaaaally yeah
chief this might be an astonishing new for you...bull markets have an end...as they have a start. This is......unbelievable
forever and only a V-E-N-E-T-K-E-N - langbard
#4
da_cheif
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Posted 19 April 2019 - 03:13 PM
oh really.....675ono
yes sir....... reaaaally yeah
chief this might be an astonishing new for you...bull markets have an end...as they have a start. This is......unbelievable
adndre....when i turn bearish you wont believe it
#5
LMF
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Posted 21 April 2019 - 09:19 AM
The bull market since 2009 is likely the most hated in the history of the world. If there's one that's more hated that this, we don't have the data to prove it. The SP500 AD line has set 25 new all time highs already this year.....can we see the bears take out the December lows in anything. That would be a first baby step. Just look at the cup formation on the SOX chart going back to 2000. This ain't no rocket science.....
#6
CLK
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Posted 21 April 2019 - 10:28 AM
The bull market since 2009 is likely the most hated in the history of the world. If there's one that's more hated that this, we don't have the data to prove it. The SP500 AD line has set 25 new all time highs already this year.....can we see the bears take out the December lows in anything. That would be a first baby step. Just look at the cup formation on the SOX chart going back to 2000. This ain't no rocket science.....
There will always be perma bears, I think it stems from the fact that markets drop big and fast and they want another one to make fast money again. You would be surprised just how few traders there are that even look at breadth, all they can see are "overpriced " markets based on economic data, mega H&S pattern, et al.
Edited by CLK, 21 April 2019 - 10:28 AM.
#7
tsharp
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Posted 21 April 2019 - 12:38 PM
SOX are indeed leading the way up here, though I suspect they will follow the same double zig-zag pattern as I'm looking for in the SPX, but their top is much higher from here...
#8
LMF
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Posted 21 April 2019 - 01:06 PM
The SPX bear market below the 1550 level from 2000 thru roughly 2013 was as much about time as it was about price retracement levels. It's not always just about price. After that long of a time correction, valuation levels however they are calculated are almost guaranteed to be wrong right now for reasons that will become apparent soon enough.
#9
CLK
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Posted 21 April 2019 - 01:11 PM
The SPX bear market below the 1550 level from 2000 thru roughly 2013 was as much about time as it was about price retracement levels. It's not always just about price. After that long of a time correction, valuation levels however they are calculated are almost guaranteed to be wrong right now for reasons that will become apparent soon enough.
And bull markets usually last minimum 20 years, so there is another 10 years left in this one.
#10
CLK
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Posted 21 April 2019 - 01:21 PM
However, there is no easy set it and forget it with leverage, especially longer term options, one has to be able to trade short term setups to manage the trade.
Edited by CLK, 21 April 2019 - 01:22 PM.
