Jump to content



Photo

Was October the start of a new bull market?


  • Please log in to reply
20 replies to this topic

#1 Chilidawgz

Chilidawgz

    A fool and his money... (the second mousie gets the cheese)

  • Traders-Talk User
  • 5,542 posts

Posted 15 January 2023 - 01:04 PM

I remember andr99 calling it:

 

2023-01-15-9-59-52.gif


Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
 
 

#2 Rogerdodger

Rogerdodger

    Member

  • TT Member*
  • 26,304 posts

Posted 15 January 2023 - 01:33 PM

I remember andr99 calling it

 

I remember Cheif calling it in 1932.

 

1930.jpg


Edited by Rogerdodger, 15 January 2023 - 01:36 PM.


#3 SteveB

SteveB

    Member

  • Traders-Talk User
  • 35 posts

Posted 15 January 2023 - 01:43 PM

Lol! purebs.gif



#4 Iblayz

Iblayz

    Member

  • TT Patron+
  • 1,019 posts

Posted 15 January 2023 - 03:14 PM

Whether we go up or down, I predict that the most important date of the year will be August 19, 2023. Major low or major high. It all depends on what the direction is going into that day. Lots of minor dates before we get there, but that one is huge IMO.



#5 Douglas

Douglas

    Member

  • Traders-Talk User
  • 1,662 posts

Posted 15 January 2023 - 06:18 PM

Iblayz, OK, I'll bite.  What's so important about Saturday August 19, 2023?  Are we talking lunar, Gann, planet retrograde, Bradley, your birthday or what?  

 

Regards,

Douglas



#6 Iblayz

Iblayz

    Member

  • TT Patron+
  • 1,019 posts

Posted 15 January 2023 - 06:46 PM

Iblayz, OK, I'll bite.  What's so important about Saturday August 19, 2023?  Are we talking lunar, Gann, planet retrograde, Bradley, your birthday or what?  

 

Regards,

Douglas

Its based on a spreadsheet that I have kept for some time. None of the above. But, dummy me, once I saw the confluence of dates from multiple time frames, I didn't even look at a calendar and notice the date was a Saturday. So I would guess, if correct, Friday the 18th would be a major low or major high, and Monday the 21st would be the turn (and could print a lower intraday low or a higher intraday high before turning).



#7 EntropyModel

EntropyModel

    Member

  • TT Member*
  • 2,412 posts

Posted 15 January 2023 - 06:55 PM

No - my view this it's actually still the topping phase - look at DAx/FTSE/CAC/DOw ... versus TECH ( which HAS topped and leading - just retested the low from OCT ! ..has very bearish price dynamics).

This is unusual though 2022 would NOT have been down in broad market if the FED had not done 6 trillion QE in 2020/21 ...what we saw in 2022 was what I call a 'repricing' event, essentially,

the FED stopping overriding natural price discovery, and so prices 'rediscovered' closer to 'natural equilibrium'  -  this has NEVER happened in history before, because no entity ever had to power to override

natural price discovery before. Normal bear markets don't begin until bonds get a bid from institutions  due to recession ...that is dead ahead in next few months - and then that sucks out more liquidity -

i've got 100 years of data proving this, 2023 will be same unless CB do more QE and I don't believe they will/can.


Edited by EntropyModel, 15 January 2023 - 06:56 PM.

Question everything, especially what you believe you know. The foundation of science is questioning the data, not trusting the data. I only trust fully falsified, non vested interest 'data', which is extremely rare in our world of paid framing narratives 'psy ops'. Market Comments https://markdavidson.substack.com/?utm_source=substack&utm_medium=email https://www.youtube.com/playlist?list=PLznkbTx_dpw_-Y9bBN3QR-tiNSsFsSojB

#8 beta

beta

    lasergirl

  • TT Patron+
  • 4,029 posts

Posted 15 January 2023 - 09:45 PM

See monthly oscillators -- appears they have some ways to go.


"Daytrading -- An Extreme Sport !"

#9 slupert

slupert

    Member

  • Traders-Talk User
  • 2,586 posts

Posted 16 January 2023 - 05:55 AM

No - my view this it's actually still the topping phase - look at DAx/FTSE/CAC/DOw ... versus TECH ( which HAS topped and leading - just retested the low from OCT ! ..has very bearish price dynamics).

This is unusual though 2022 would NOT have been down in broad market if the FED had not done 6 trillion QE in 2020/21 ...what we saw in 2022 was what I call a 'repricing' event, essentially,

the FED stopping overriding natural price discovery, and so prices 'rediscovered' closer to 'natural equilibrium'  -  this has NEVER happened in history before, because no entity ever had to power to override

natural price discovery before. Normal bear markets don't begin until bonds get a bid from institutions  due to recession ...that is dead ahead in next few months - and then that sucks out more liquidity -

i've got 100 years of data proving this, 2023 will be same unless CB do more QE and I don't believe they will/can.

yep



#10 andr99

andr99

    Member

  • Traders-Talk User
  • 6,862 posts

Posted 16 January 2023 - 07:42 AM

I remember andr99 calling it:

 

2023-01-15-9-59-52.gif

 

you remember well......


forever and only a V-E-N-E-T-K-E-N - langbard