My gut says there will be a crash, My gut also says its going to be some gov backed attacked somewhere in the world which will make people panic, Banks will dump the stocks asap and down she goes, real people in the market will be shocked and try to unload after the fact and loose lots of money for lack of having the real speed of electronic trading at there finger tips and brokers to busy to answer there phones when TSHTF.
Well, I have to agree that a major top is forming right now because investors only feel safe in buying the Dow and S&P stocks right. This occurs at the end of major uptrends when they form a top, not at the start or middle of bull markets. If it were a bull market, the XLF, Russell and Nasdaqs would be the ones leading us higher, not the Dow.
Price and time balanced this week, The market fell for 512 days from 10/11/7 to 3/6/9 and rallied for 256 days to 11/17/09 a 50% retracement in time.
The 50% mark in price was at 10336. 50% retracement in time and price.
Do your self a favor and mark in the options expiry's for the last few months. The market has rallied into each expiry and then let go the day after so watch out for next week and for that matter the next few months we could repeat the market moves of two years ago.
hey Tony, thanx for the video! These Megafone Pattern are great and its even working with my seasonal trading system!!!
bubusss234674 2 years ago
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Hey Tony, whats with the jungle?
PayChkSlaveRebellion 2 years ago
Comment removed
PayChkSlaveRebellion 2 years ago
best fade on the planet.
jhi1947 2 years ago
My gut says there will be a crash, My gut also says its going to be some gov backed attacked somewhere in the world which will make people panic, Banks will dump the stocks asap and down she goes, real people in the market will be shocked and try to unload after the fact and loose lots of money for lack of having the real speed of electronic trading at there finger tips and brokers to busy to answer there phones when TSHTF.
netwerkthis 2 years ago
what happen to the last crash warning yo gave?.. obviously didn't go through. same with your march call for a crash. 0/2
NiceAznBoy 2 years ago 3
nice one t.c. !
i think your right this time, just gone short the ftse,
the smart money has been movin out.
cosmicguerilla1 2 years ago
Well, I have to agree that a major top is forming right now because investors only feel safe in buying the Dow and S&P stocks right. This occurs at the end of major uptrends when they form a top, not at the start or middle of bull markets. If it were a bull market, the XLF, Russell and Nasdaqs would be the ones leading us higher, not the Dow.
xennevdl 2 years ago
Price and time balanced this week, The market fell for 512 days from 10/11/7 to 3/6/9 and rallied for 256 days to 11/17/09 a 50% retracement in time.
The 50% mark in price was at 10336. 50% retracement in time and price.
Do your self a favor and mark in the options expiry's for the last few months. The market has rallied into each expiry and then let go the day after so watch out for next week and for that matter the next few months we could repeat the market moves of two years ago.
carlfinkle 2 years ago
Can I just say that you were right on target with Gold, sir! we hit the 1100 and bettered it.
pipercolt1963 2 years ago
alas, i think you are right. like they say...try try again. im short from SPY 111
maximumvalues 2 years ago
Uh Oh.... We going higher!!! :)
mistapikkles 2 years ago 2
I'm glad I have a sense of humor!
ThePracticalInvestor 2 years ago
LOL I got nothing but love for ya. We need to make a lower high before its safe to go short tho...
mistapikkles 2 years ago