the stock market doesn' t respond to any law of economy, it just responds to one rule.......until there's a herd to shave it will keep rising which is what it's currently doing. Looking around at stocks, it's difficult to think next year will be different apart possibly a correction in January going through Spring and then......up again till the end of the year. After that bull over in my opinion.
irrational, exuberant, artificially pumped.....and rising
#1
Posted 13 November 2021 - 12:31 PM
forever and only a V-E-N-E-T-K-E-N - langbard
#2
Posted 13 November 2021 - 05:36 PM
artificially pumped ...........really? thats what some sed in the summer of 87
https://www.siliconi...?msgid=33571703
https://www.siliconi...?msgid=32627900
"the stock market doesn' t respond to any law of economy," ...never has and never will.....;.havent u figured that out yet?
Edited by da_cheif, 13 November 2021 - 05:42 PM.
#3
Posted 13 November 2021 - 05:40 PM
watch the sky
Edited by da_cheif, 13 November 2021 - 05:43 PM.
#4
Posted 13 November 2021 - 08:00 PM
#5
Posted 14 November 2021 - 02:22 AM
artificially pumped ...........really? thats what some sed in the summer of 87
https://www.siliconi...?msgid=33571703
https://www.siliconi...?msgid=32627900
"the stock market doesn' t respond to any law of economy," ...never has and never will.....;.havent u figured that out yet?
that it doesn' t respond to the laws of economy, I figured it out the second day I started trading......and if it doesn' t respond to the laws of economy it means it is artificially pumped, can you figure it out ?
Edited by andr99, 14 November 2021 - 02:27 AM.
forever and only a V-E-N-E-T-K-E-N - langbard
#6
Posted 14 November 2021 - 02:41 AM
by the way the sense of my post was......pay attention because although under any indicator it might seem at extreme bullish levels, the stock market can stay irrational for many months to come.........the weak point of all the indicators I have seen is that they signal the extremes but they fail to signal how much time the stock market remains at extreme levels.
forever and only a V-E-N-E-T-K-E-N - langbard
#7
Posted 14 November 2021 - 11:27 AM
the stock market doesn' t respond to any law of economy, it just responds to one rule.......until there's a herd to shave it will keep rising which is what it's currently doing. Looking around at stocks, it's difficult to think next year will be different apart possibly a correction in January going through Spring and then......up again till the end of the year. After that bull over in my opinion.
If you take a look at that chart of U of Michigan Consumer Sentiment that SemiBizz posted, you can see that relationship is completely broken now. Martin Armstrong build his whole career around Economic Confidence Model----something is going to give to bring that chart into equilibrium - his model works.
Edited by linrom1, 14 November 2021 - 11:28 AM.