13 replies to this topic

[andr99]

new lows ahead. It will be the quickest bear market ever, but it is what it is....a bear market, not just a correction. Which means another leg down like the first one more or less, at the horizon.  

[linrom1]

new lows ahead. It will be the quickest bear market ever, but it is what it is....a bear market, not just a correction. Which means another leg down like the first one more or less, at the horizon.  

I was watching CNBC and almost all of their guest analysts are saying the same thing; I do not remember any of them warning of the 30% percent crash? I find it odd that they're all now unanimous that we're going to retest the lows.

[andr99]

 

new lows ahead. It will be the quickest bear market ever, but it is what it is....a bear market, not just a correction. Which means another leg down like the first one more or less, at the horizon.  

I was watching CNBC and almost all of their guest analysts are saying the same thing; I do not remember any of them warning of the 30% percent crash? I find it odd that they're all now unanimous that we're going to retest the lows.

 

 

that is worrysome to me......I would prefer that the train was less crowded

[K Wave]

 

new lows ahead. It will be the quickest bear market ever, but it is what it is....a bear market, not just a correction. Which means another leg down like the first one more or less, at the horizon.  

I was watching CNBC and almost all of their guest analysts are saying the same thing; I do not remember any of them warning of the 30% percent crash? I find it odd that they're all now unanimous that we're going to retest the lows.

 

Yep....I think he used the wrong tense on the verb.

[Ticker]

The institutional funds are rebalancing into stocks from bonds. I think this will occur into the end of the month. Next leg down in early April. The smart money is front running intuitions and riding the wave up to about SP 2700. It concerns me CNBC guests agree as well.

[linrom1]

 

 

new lows ahead. It will be the quickest bear market ever, but it is what it is....a bear market, not just a correction. Which means another leg down like the first one more or less, at the horizon.  

I was watching CNBC and almost all of their guest analysts are saying the same thing; I do not remember any of them warning of the 30% percent crash? I find it odd that they're all now unanimous that we're going to retest the lows.

 

 

that is worrysome to me......I would prefer that the train was less crowded

 

Peter Boockvar, smart guy, was on and said the he believed that bottom is in. I also believe that, but I think the top is also being made .

[LMF]

If the major averages just touch the 200 day MA on a bounce, the retest theory is most likely out the window. Go check 2009......the 200 is the line in the sand. It keeps going until the 200 gets in the way......

[CLK]

Glad I'm not trading options in any way or futures and stops.

 

The market can do whatever it wants, I am in no hurry and under no obligation to sell. 

[LMF]

The top is definitely in except for perhaps marginal new highs here and there this year. A large cup formation this year would be a good setup for beyond the election.

[12SPX]

Glad I'm not trading options in any way or futures and stops.

 

The market can do whatever it wants, I am in no hurry and under no obligation to sell. 

Selling options is the way to go,,, way out of the money!