As I always say, it is how things ACT at key setup points...
Thus far, bull not showing me much on PL....see if that changes soon or not...
seems its time for a new thread. war markets are treacherous
Started by
dharma
, Mar 02 2022 10:38 AM
4036 replies to this topic
#1161
K Wave
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Posted 20 May 2022 - 09:18 AM
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1162
dharma
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Posted 20 May 2022 - 09:48 AM
consider the fed has not begun reducing its balance sheet!
2 rate hikes and the system is rattling
it seems clear to me stock prices , which were at extreme highs , are overvalued. i have next week as a potential big move down in the broad market
i am long term metals bull. the fiat era has many many flaws. but the bottom awaits, the metals first.
in the meantime folks have to eat. not many can afford a 50k electric car
dharma
#1163
senorBS
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Posted 20 May 2022 - 09:56 AM
consider the fed has not begun reducing its balance sheet!
2 rate hikes and the system is rattling
it seems clear to me stock prices , which were at extreme highs , are overvalued. i have next week as a potential big move down in the broad market
i am long term metals bull. the fiat era has many many flaws. but the bottom awaits, the metals first.
in the meantime folks have to eat. not many can afford a 50k electric car
dharma
bueno post amigo, agree next week could be muy malo
Senor
#1164
K Wave
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Posted 20 May 2022 - 10:33 AM
The TSLA breach today could be the trigger for it....
That cancer can spread quickly....
Edited by K Wave, 20 May 2022 - 10:33 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1165
K Wave
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Posted 20 May 2022 - 10:35 AM
Big battle for the 109.50 pivot zone on Crude after failing to get through 110 a few times...
big decision getting closer and closer...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1166
K Wave
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Posted 20 May 2022 - 10:37 AM
AZO now really starting to look broken....unwind on that bubble could be spectacular...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1167
gannman
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Posted 20 May 2022 - 10:38 AM
on this leg of wave 3 in the broad market i have the qqq's going to a minimum of 220
on the downside possibly lower. before this bear is over sub 150 on the qqq's would
not surprise me at all
feeling mellow with the yellow metal
#1168
K Wave
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Posted 20 May 2022 - 10:40 AM
I keep looking around at various individual stock charts, and say "which ones of the big cap breakout fakeout looking stocks is going to lead back up"...not coming up with many answers...
This has the potential get much worse than even I am thinking I think 
Edited by K Wave, 20 May 2022 - 10:42 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#1169
senorBS
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Posted 20 May 2022 - 11:13 AM
I keep looking around at various individual stock charts, and say "which ones of the big cap breakout fakeout looking stocks is going to lead back up"...not coming up with many answers...
This has the potential get much worse than even I am thinking I think
yep, I am very happy for now being 100% cash, I think there will be some great opportunities this summer/fall for those willing to wait for big time extremes
Senor
#1170
dharma
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Posted 20 May 2022 - 11:31 AM
every time the yield curve inverted there has been a recession w/in 12-18 months. this happened this year. recession on the horizon.
folks still need to eat.
there are going to be bargains. the fed will ride in sometime this summer.
i am not an expert , and in fact just a novice on sunspots and weather. however, people i respect in this field are saying global warming is ending and we are
on the cusp of a munder minumum = colder temps. they have everyone looking the other way. not joseph and the pharoah.
volatility , as the system gets more fragile is going to rise.
oil has a lot higher to go
so does food.
dharma
oh yeah gold and silver have alot higher to go
this guy has a good track record, this interview is scary and depressing
https://usawatchdog....charles-nenner/
you have been warned
Edited by dharma, 20 May 2022 - 11:34 AM.
