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Picture of a very ugly Monday in August


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#1 Rogerdodger

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Posted 24 August 2015 - 08:33 AM

Posted Image

#2 Rogerdodger

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Posted 24 August 2015 - 08:36 AM

Aug 21 2015
Poll

Does the SPX close higher or lower next week? Higher [ 15 ] Posted ImagePosted ImagePosted Image [75.00%] Lower [ 5 ] Posted ImagePosted ImagePosted Image [25.00%]

#3 pdx5

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    I want return OF my money more than return ON my money

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Posted 24 August 2015 - 10:30 AM

My crystal ball can not see short term like a week or even a month. New lows ahead during 2015 & 2016. World wide recession can not turn around on a dime. And worldwide debt is unsustainable. I expect market bottom near end of 2016. Elections will matter.

Edited by pdx5, 24 August 2015 - 10:31 AM.

"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule