Jump to content



Photo

Potential Lehman style selloff ahead


  • Please log in to reply
24 replies to this topic

#1 punter

punter

    Member

  • Traders-Talk User
  • 1,899 posts

Posted 08 August 2019 - 01:19 PM

I'm back. I see a meltdown in Asian equities. Dow gap below 24800 likely closed this month.

Good luck!

Keep Calm and be Long

My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!


#2 OEXCHAOS

OEXCHAOS

    Mark S. Young

  • Admin
  • 19,832 posts

Posted 08 August 2019 - 02:42 PM

Video no longer available!


Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter


#3 q4wer

q4wer

    Member

  • Traders-Talk User
  • 1,986 posts

Posted 08 August 2019 - 03:08 PM

headlines to scare the bulls and attract more shorts only to kill them.  Wall street loves this game.



#4 punter

punter

    Member

  • Traders-Talk User
  • 1,899 posts

Posted 09 August 2019 - 02:29 AM

Video no longer available!

 

Sorry Mark. Have not logged in and post for long term. Video is old signature.

 

My view is based on charts and I remain bearish. Thanks for keeping the site up!


Keep Calm and be Long

My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!


#5 punter

punter

    Member

  • Traders-Talk User
  • 1,899 posts

Posted 09 August 2019 - 02:32 AM

headlines to scare the bulls and attract more shorts only to kill them.  Wall street loves this game.

 

Thanks for reminder. I pulled myself out into commenting after silence for a long time. I am afraid we are looking at a long term (more than 1 year) decline ahead. Any bounce is a chance to get out.

 

Good luck!


Keep Calm and be Long

My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!


#6 punter

punter

    Member

  • Traders-Talk User
  • 1,899 posts

Posted 09 August 2019 - 02:44 AM

I'm back. I see a meltdown in Asian equities. Dow gap below 24800 likely closed this month.

Good luck!

 

Difficult to be very precise with longer term projections. Right now, I am looking at 200 day to be broken for SP by Aug. Over 6 months, I am looking at 2350 Dec FED low to be broken. No recovery until after 2020. Won't venture into speculative reasons as I don't want to touch politics.

 

Will report back if view changes. Good Luck.


Keep Calm and be Long

My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!


#7 punter

punter

    Member

  • Traders-Talk User
  • 1,899 posts

Posted 10 August 2019 - 01:59 PM

http://tinypic.com/r/2eur828/9


Keep Calm and be Long

My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!


#8 punter

punter

    Member

  • Traders-Talk User
  • 1,899 posts

Posted 10 August 2019 - 02:11 PM

http://tinypic.com/r/2eur828/9

 

Recent Shanghai Trade talk. On the background of pic is a poem in old chinese script. Loosely translate into

 

Mountain beautiful with passing cloud

Mountain magnificent on a clear day with no cloud

Passing cloud may dim Mountain briefly

Mountain or cloud, who is higher?

 

(Mountain refers to China, Cloud is USA)

 

We live in interesting times.....


Keep Calm and be Long

My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!


#9 punter

punter

    Member

  • Traders-Talk User
  • 1,899 posts

Posted 10 August 2019 - 03:01 PM

https://cdn.i-scmp.c...8e&v=1564686143

 

maybe this image link. from Hong Kong South China Morning Post.


Keep Calm and be Long

My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!


#10 punter

punter

    Member

  • Traders-Talk User
  • 1,899 posts

Posted 12 August 2019 - 05:48 AM

We may still be in early stage of bigger decline in aug. Following closely.

Keep Calm and be Long

My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!