12 replies to this topic

[brucekeller]

 

something more serious.........where is this fu@@@@g market headed ? I would prefer not to see such daily performances like today in the american indexes. Too much for a single day......there's another two weeks space to rise, so better if they calm down a bit....just a bit

 

Today the bears  were forced to cover perhaps. But, this is a bad sign for bulls, that bear market is nearby.

Because rip roaring rallies like today are symptoms of a bear market. Followed by drip drip slow but steady declines. Bull markets on the other hand show occasional hard & fast corrections followed by small but steady advances.

 

Wouldn't that be fighting the Fed? Powell says he will ease for 2ish years. Think that is wrong and he'll have to raise rates within the next 6 months? 

[pdx5]

 

 

something more serious.........where is this fu@@@@g market headed ? I would prefer not to see such daily performances like today in the american indexes. Too much for a single day......there's another two weeks space to rise, so better if they calm down a bit....just a bit

 

Today the bears  were forced to cover perhaps. But, this is a bad sign for bulls, that bear market is nearby.

Because rip roaring rallies like today are symptoms of a bear market. Followed by drip drip slow but steady declines. Bull markets on the other hand show occasional hard & fast corrections followed by small but steady advances.

 

Wouldn't that be fighting the Fed? Powell says he will ease for 2ish years. Think that is wrong and he'll have to raise rates within the next 6 months? 

 

Fed was not unconscious in March 2020. SPX crashed 1000+ points! So FED definitely has a strong effect on markets but crashes can happen anyways because there are a myriad of other forces at work, and some are surprise black swan events such as arrival of covid-19 from China.

[brucekeller]

 

 

 

something more serious.........where is this fu@@@@g market headed ? I would prefer not to see such daily performances like today in the american indexes. Too much for a single day......there's another two weeks space to rise, so better if they calm down a bit....just a bit

 

Today the bears  were forced to cover perhaps. But, this is a bad sign for bulls, that bear market is nearby.

Because rip roaring rallies like today are symptoms of a bear market. Followed by drip drip slow but steady declines. Bull markets on the other hand show occasional hard & fast corrections followed by small but steady advances.

 

Wouldn't that be fighting the Fed? Powell says he will ease for 2ish years. Think that is wrong and he'll have to raise rates within the next 6 months? 

 

Fed was not unconscious in March 2020. SPX crashed 1000+ points! So FED definitely has a strong effect on markets but crashes can happen anyways because there are a myriad of other forces at work, and some are surprise black swan events such as arrival of covid-19 from China.

 

 

The market bottom was 2 days before they officially turned on the printers. They had just done certain things they could do instantly in the weeks prior before they had everything going with their primary dealers etc. I remember because I had that Wed set for the bottom but when it surged that Monday it totally messed me up and I started betting against the Fed like a dummy for reasons unknown.