Jump to content



Photo

Tops are processes - bottoms are events ,,,,,,


  • Please log in to reply
2 replies to this topic

#1 trioderob

trioderob

    Member

  • Traders-Talk User
  • 1,295 posts

Posted 23 August 2022 - 07:42 PM

the old saying usually holds true - seems to me  that we need some kind of real disaster to flush the market out and form a tradable LT bottom.

 

otherwise we could have a slow motion train wreak market where its death by a thousand cuts 

 

maybe Putin shuts off all the gas or launches a major offensive drawing in Nato 

 

maybe a real estate crash 

 

maybe a massive Covid wave in China shutting down supply lines  



#2 pdx5

pdx5

    I want return OF my money more than return ON my money

  • Traders-Talk User
  • 9,528 posts

Posted 24 August 2022 - 07:11 PM

Real estate crash is more likely than others. But only if mortgage rates go higher than 6.95%
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#3 pdx5

pdx5

    I want return OF my money more than return ON my money

  • Traders-Talk User
  • 9,528 posts

Posted 25 August 2022 - 11:19 AM

Based on recent economic reports, 3/4 % rate hike is coming in September.


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule