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Potential Lehman style selloff ahead


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#1 punter

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Posted 08 August 2019 - 01:19 PM

I'm back. I see a meltdown in Asian equities. Dow gap below 24800 likely closed this month.

Good luck!

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#2 OEXCHAOS

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    Mark S. Young

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Posted 08 August 2019 - 02:42 PM

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#3 q4wer

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Posted 08 August 2019 - 03:08 PM

headlines to scare the bulls and attract more shorts only to kill them.  Wall street loves this game.



#4 punter

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Posted 09 August 2019 - 02:29 AM

Video no longer available!

 

Sorry Mark. Have not logged in and post for long term. Video is old signature.

 

My view is based on charts and I remain bearish. Thanks for keeping the site up!


Keep Calm and be Long

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#5 punter

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Posted 09 August 2019 - 02:32 AM

headlines to scare the bulls and attract more shorts only to kill them.  Wall street loves this game.

 

Thanks for reminder. I pulled myself out into commenting after silence for a long time. I am afraid we are looking at a long term (more than 1 year) decline ahead. Any bounce is a chance to get out.

 

Good luck!


Keep Calm and be Long

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#6 punter

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Posted 09 August 2019 - 02:44 AM

I'm back. I see a meltdown in Asian equities. Dow gap below 24800 likely closed this month.

Good luck!

 

Difficult to be very precise with longer term projections. Right now, I am looking at 200 day to be broken for SP by Aug. Over 6 months, I am looking at 2350 Dec FED low to be broken. No recovery until after 2020. Won't venture into speculative reasons as I don't want to touch politics.

 

Will report back if view changes. Good Luck.


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#7 punter

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Posted 10 August 2019 - 01:59 PM

http://tinypic.com/r/2eur828/9


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#8 punter

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Posted 10 August 2019 - 02:11 PM

http://tinypic.com/r/2eur828/9

 

Recent Shanghai Trade talk. On the background of pic is a poem in old chinese script. Loosely translate into

 

Mountain beautiful with passing cloud

Mountain magnificent on a clear day with no cloud

Passing cloud may dim Mountain briefly

Mountain or cloud, who is higher?

 

(Mountain refers to China, Cloud is USA)

 

We live in interesting times.....


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#9 punter

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Posted 10 August 2019 - 03:01 PM

https://cdn.i-scmp.c...8e&v=1564686143

 

maybe this image link. from Hong Kong South China Morning Post.


Keep Calm and be Long

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#10 punter

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Posted 12 August 2019 - 05:48 AM

We may still be in early stage of bigger decline in aug. Following closely.

Keep Calm and be Long

My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!