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every time the stock market takes a pause


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#1 andr99

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Posted 07 November 2024 - 05:14 PM

waiting to overcome an important event, lots of alarming predictions about large drops, come out like mushrooms after the rain. And every time, the market 

 

denies any drops that have been predicted. When you notice that, you understand how strong the underlying bullish trend is. It will be over one day, but as 

 

someone said, it's not over until it's over and while it lasts it's much better to agree with the trend rather than fighting it.  


Edited by andr99, 07 November 2024 - 05:15 PM.

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


#2 12SPX

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Posted 08 November 2024 - 08:50 AM

Yes but this is a time where my 40 plus years experience tells me that at times its not worth sticking with it unless there is volatility involved. When there is no volatility its not healthy and you set yourself up for a bigger sharp decline giving up all of the sharp gains so I'll stick with short placements for now, instead of risking getting stuck in a long for a looooong time.  Of course actually buying stocks is a different story but if you had bought some tech stocks in 1999 you would have had to wait 15 years to get your money back. In my view we are nearing that period again where the market won't see new highs for a few years as everyone and there dog and even cats think this rally will go up forever.



#3 andr99

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Posted 08 November 2024 - 02:59 PM

Yes but this is a time where my 40 plus years experience tells me that at times its not worth sticking with it unless there is volatility involved. When there is no volatility its not healthy and you set yourself up for a bigger sharp decline giving up all of the sharp gains so I'll stick with short placements for now, instead of risking getting stuck in a long for a looooong time.  Of course actually buying stocks is a different story but if you had bought some tech stocks in 1999 you would have had to wait 15 years to get your money back. In my view we are nearing that period again where the market won't see new highs for a few years as everyone and there dog and even cats think this rally will go up forever.

 

Hi, my Traders' Talk Scottish friend, you said you are of Scottish origin if I remember well, so let me call you like that. The Scots were the only Celtic people that were able 

 

to resist the force of the roman empire, while the Celts of the Po Plain, which is the land where I live,  weren't even able to resist the Romans' wine and used to fall drunken 

 

before fighting. That said I tend to agree with your point of view that we are close to experience big big problems. But we are not there yet in my opinion. What I would like to see 

 

is a long distribution which so far is absent. I think we need new all time highs while the weekly macd is in divergence with the indexes. Which thing I don' t see yet. I think by April

 

next year we will know better if the bear is waking up. 


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


#4 12SPX

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Posted 08 November 2024 - 03:03 PM

yes love my scottish heritage, go william wallace lol!!  That could be but I think it will be a rolling top so were running out of space upwards in regards to downside risk at this point!! 



#5 andr99

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Posted 08 November 2024 - 03:30 PM

Let me tell you I've got a passion for antropology and history, although my background is in the fields of math, phisics, idraulics and science of concrete and iron buildings.

 

But what is better than studying your own origins, your own antropological and historical roots ? To me, nothing else. 


Edited by andr99, 08 November 2024 - 03:30 PM.

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


#6 12SPX

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Posted 08 November 2024 - 03:43 PM

Especially when everyone in the world wishes they could be scottish as theyr'e the best looking, best physical, smartest people in the world bahaha, lol!! 



#7 12SPX

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Posted 08 November 2024 - 03:44 PM

swoon.gifswoon.gifswoon.gifswoon.gif



#8 andr99

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Posted 08 November 2024 - 03:55 PM

please don't underestimate my squared central European facial traits that I inherited from my fathers' side and also don't underestimate my smartness..........and I'm not Scottish, LOL.  

 

Joking..........


Edited by andr99, 08 November 2024 - 03:58 PM.

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


#9 12SPX

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Posted 08 November 2024 - 04:07 PM

me too lol  although i am really good looking and humble bahaha lol



#10 12SPX

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Posted 08 November 2024 - 04:08 PM

gonna be quite the womens final surprised gauff won!!!