18 replies to this topic

[SemiBizz]

 Perfect bounce off the 50 so far on the SOXX chart,  http://schrts.co/LHmjt2

 

I meant SOX Index... some charting services use SOX, some use SOXX... I like the extra X... I guess I should drop it since there's an ETF now SOXX... here's your SOX Index Chart

 

[NAV]

Love the discussion as normal markets do go up and down, much better than to the moon chatter or new highs are ahead, good job guys!!! 

 

I said "new highs" when we were at 2840 level. And we got new highs. But then, on this board, good discussion is "bearish discussion". Any bullish view is chatter . I ain't no perma bull. I was the only one who called the crash of Feb 2018 in real-time on this board and traded it, unless you forgot it. Anyway, i think we have put in a swing bottom today and we are headed to new highs. Sorry, gotta say it like it is. I don't play to the gallery.

 

There is a time to go long and time to go short. Having bearish thoughts all the time is not good for your account and mental state. 

 

P.S - Just in case you were wondering what would turn me bearish, break of today's lows would turn me ST bearish. Intermediate stuff is long and strong and long way below, before it turns bearish.

Edited by NAV, 07 September 2018 - 10:47 AM.

[slupert]

One tweet and there she goes....

[SemiBizz]

How Tweet it is...

 

So after this 2861 breaks now... we're back to 2802...

[redfoliage2]

The correction is about half way done assuming no black swans..........

Edited by redfoliage2, 07 September 2018 - 11:37 AM.

[NAV]

The correction is about half way done assuming no black swans..........

You can't have black swans when CNN bull bear index is at 50. 

[SemiBizz]

No black swans necessary... just consistent strong volume selling...

 

No capitulation, just down every day works...

 

No capitulation until 10/10 works for me.

[SemiBizz]

[12SPX]

 

Love the discussion as normal markets do go up and down, much better than to the moon chatter or new highs are ahead, good job guys!!! 

 

I said "new highs" when we were at 2840 level. And we got new highs. But then, on this board, good discussion is "bearish discussion". Any bullish view is chatter . I ain't no perma bull. I was the only one who called the crash of Feb 2018 in real-time on this board and traded it, unless you forgot it. Anyway, i think we have put in a swing bottom today and we are headed to new highs. Sorry, gotta say it like it is. I don't play to the gallery.

 

There is a time to go long and time to go short. Having bearish thoughts all the time is not good for your account and mental state. 

 

P.S - Just in case you were wondering what would turn me bearish, break of today's lows would turn me ST bearish. Intermediate stuff is long and strong and long way below, before it turns bearish.

 

I think your comments are great also.  I also agree about possible new highs however my point is that its never or shouldn't be a straight up affair.  I find that a lot of the bulls don't do that, its just up up and away whereas the bears "talk" more about both directions and aren't as respected for it.