in the usa there has never been a bear market that didnt end w/the vix being over 50
just my 2c
dharma
happy new year everyone
AND with SPX at a 14 p/e ratio...it's around 18 now..thus earnings projections are too hi...
donc
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
#4021
crossd
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Posted 04 January 2023 - 05:01 AM
#4022
dharma
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Posted 04 January 2023 - 11:44 AM
in the usa there has never been a bear market that didnt end w/the vix being over 50
just my 2c
dharma
happy new year everyone
AND with SPX at a 14 p/e ratio...it's around 18 now..thus earnings projections are too hi...
donc
that was felix theme. earnings are going to be less than anticipated
dharma
#4023
Smithy
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Posted 04 January 2023 - 02:39 PM
MUX up 14% today
#4024
linrom1
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Posted 04 January 2023 - 06:08 PM
Thought about buying it at $3.79, but got scared away by the LT chart.
#4025
Smithy
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Posted 04 January 2023 - 06:54 PM
Yeah. GDXU was up 12.6% today.
If this keeps going, pretty soon gonna feel like a bull mkt.
#4026
Russ
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Posted 04 January 2023 - 07:01 PM
GDX breaking out into a 5th wave?
"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/
"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/
#4027
Russ
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Posted 04 January 2023 - 08:28 PM
Platinum looking bullish...
"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/
"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/
#4028
Smithy
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Posted 05 January 2023 - 11:15 AM
Rough idea of targets for this pause are spot 1808 and 22.50
I would not be fazed if it was more.
#4029
K Wave
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Posted 05 January 2023 - 12:37 PM
Told y'all DID NOT like the upthrusty action every time above 24, combined with the rapidly deteriorating momo...
In any event.....a HUMONGOUS pivot now set at 24 area.
Still think 22 handles will be seen, and then we see.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#4030
K Wave
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Posted 05 January 2023 - 12:47 PM
Daily chart shows the upthrusty, failure to hold 24 action nicely.
IF/WHEN those spikes get taken out, Silver should be good to go.
In the meantime, as long that 200 day is below the 900, still a possibility that bulls not out of the long term pen yet.
24 was a good place to take profits, and see how it plays from there...a full back test of the 900 day, as 200 starts to kink up, might not be a bad place to try an re-enter, should it get there.
A solid move over 24 before then would likely start to put daily chart on full bullish war footing.
Back below the 200 day before it turns up would likely no bueno.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
