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Fearless Forecast: Market CRASH begins this week


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#11 fib_1618

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Posted 24 May 2021 - 10:58 AM

It's always fascinating to me how people never seem to learn from their mistakes.

 

Fib


Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

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#12 pdx5

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

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Posted 24 May 2021 - 01:11 PM

Cheif was right! Feels like a mini crash UP today.

 

  •  
     
     SPX +49.22 (+1.18%)
     
  •  
     
    DJI +234.82 (+0.69%)
     
  •  
     
    Nazz +214.81 (+1.59%)
     
  •  
     
    Russ +14.31 (+0.65%)

Forget astrology, forget TA, just observe how much money the gov't is printing.

The inflation genie has been let out of the bottle and it is obviously affecting stocks along with everything else.


Edited by pdx5, 24 May 2021 - 01:19 PM.

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

#13 da_cheif

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Posted 24 May 2021 - 01:16 PM

Forget everything you have learned this is not a normal market, we all know what's driving it. It's not a matter of if it crashes it is a matter of when and the higher it goes the harder it will fall.  

AND the uglier the decline the higher it goes.....6750n0......what ive learned ill never forget.....this market is like taking candy from a baby

 

 

and most babies are scared witless

 

cnn fear greed at 36%   naaim 44% exposure to equities....yawn


Edited by da_cheif, 24 May 2021 - 01:19 PM.


#14 fib_1618

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Posted 24 May 2021 - 01:41 PM

Cheif was right! Feels like a mini crash UP today.

 

Note last March's quick landing on the moon to refuel for the journey to Mars! yes.gif

 

Fib
 

http://technicalwatc...emoon052421.png

 

tothemoon052421.png


Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

Technical Watch Subscriptions