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APPARENTLY FEW DONT SEE THE MEANING OF THIS CHART


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#1 da_cheif

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Posted 13 February 2020 - 09:22 PM

EJZ_LGoXYAAUKcV.jpg

 

 

https://pbs.twimg.co...LGoXYAAUKcV.jpg



#2 slupert

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Posted 14 February 2020 - 09:10 AM

Guess, I'm a non chart reader, looks tome like that chart says a capitulation bottom shouldnt be far behind.. I see value vs. momentum bottoming just before the final washout. (JMHO)



#3 CLK

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Posted 14 February 2020 - 09:14 AM

You've been right all along Chief.  Now just need to monitor the A/D line for the next cyclical top in this secular bull market.

 

I have nothing that indicates a 5-10% correction, so those will have to be weathered I guess, but any 20% drop that is impending will show up in the A/D line as a weekly divergence, Oct. 2018 it was there. Not that I'm too concerned with corrections, just want to know where to buy that next low and NYMO will most likely provide the setup. It could also go years with no 20% drop. 

 

Most have no idea how much higher this market is going, bears will continue to provide liquidity for this move.


Edited by CLK, 14 February 2020 - 09:15 AM.


#4 12SPX

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Posted 14 February 2020 - 09:25 AM

I'm assuming you take this as bullish but I've now shown it to a few people who have nothing to do with the market and everyone says, "does this mean the market is about to have a huge downturn"?  The only time it continued higher was in 03.  Yes eventually it does turn higher but I don't think people here on "traders talk" are looking at at the longer term especially if there is a possible impending downturn coming.  



#5 redfoliage2

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Posted 14 February 2020 - 10:45 AM

I always think forward P/E is just a cheat, I even don't trust some of the earnings reported already.  But I have to keep reminding myself that it's just a game...........


Edited by redfoliage2, 14 February 2020 - 10:49 AM.


#6 da_cheif

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Posted 14 February 2020 - 02:19 PM

I'm assuming you take this as bullish but I've now shown it to a few people who have nothing to do with the market and everyone says, "does this mean the market is about to have a huge downturn"?  The only time it continued higher was in 03.  Yes eventually it does turn higher but I don't think people here on "traders talk" are looking at at the longer term especially if there is a possible impending downturn coming.  

heheheheh     >.I'm assuming you take this as bullish but I've now shown it to a few people who have nothing to do with the market and everyone says, "does this mean the market is about to have a huge downturn"?<       j6pks     getting from wholesale to retail with as few aboard as possible is what it all about......watch the sky



#7 pedro

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Posted 14 February 2020 - 11:57 PM

WHERE is the Value?

Or is it simply RELATIVE?

Ratio's and trading directly off them (ie, go long Value) will not guarantee you profits.

Going Long Value while Short MoMo might be a different matter.  

 

Right now, OUTRIGHT value appears to be forming ... in the energy sector.   And ags.

But appearances can be deceiving.



#8 Russ

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Posted 20 February 2020 - 09:58 PM

Commodities are very cheap now and Martin Armstrong predicts a commodity boom is coming but he also says the Dow will go to at least 65,000 before the coming financial crisis 'crash and burn' which will start in Europe and bring the west's socialism down due to excessive debt.... Commoditities%2BVS.%2BStocks%2B2020.PNG


Edited by Russ, 20 February 2020 - 10:08 PM.

"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#9 Russ

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Posted 20 February 2020 - 10:19 PM

The major Pi Cycle date of 2032.95  (309.6 year pi cycle which is 6x51.6 pi cycle which is 6x 8.6 year pi cycle - 3142 days or pi x 1000) will see the end of the great experiment in government intervention in the economy with the 'crash and burn' of the west's socialism caused by the approximately 250 trillion dollars of sovereign debt world-wide. https://princetoneco...s.blogspot.com/309YR-Empires.jpg


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#10 skott

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Posted 27 February 2020 - 11:54 AM

funny how he's not been talking lately.