I've done my own analysis, and it has nothing to do with fundamentals. Who needs to an economics degree, when you can trade this market knowing everything about psychology. Don't come crying to me in 12 months time when the S&P500 is trading between 1500 & 1700.
That's a big lie sold to the public. That fear drives the market. It sounds logical doesn't it? But the fear of mums and dads has f-all to do with anything. Sure the hedge funds have some sway, and the a lot of pension funds are actually pretty bad investors. But it's the banks, especially central banks owned by banking families that have the financial fire power to drive the markets. They need to majorly cash out slowly before pulling the plug again and picking up again at the next lows.
your chart is wrong! Compare nasdaq 2000 -? with dj 29-43
mib68 1 year ago
FOX20012,
how can 1 do his/hers homework wen u recommended that 1 shouldnt listen 2 wot people say?
johnnytheprick in reply to fox20012 (Show the comment) 2 years ago
It won't happen until they raise interest rates. Might require a change of government. Then money will exit assets back to cash.
sang3Eta 2 years ago
According to your charts, the crash was meant to happen in JUNE.
LOL, how wrong you were.
supanya123 2 years ago
You may be right. Put a weekly chart on the wall...and it looks like it's going up. SO, go with the trend. Use stops.
ghahandi in reply to MrSydneyKing (Show the comment) 2 years ago 2
Those banking families also own the media, I have seen them thanking the CEO of major media stations at their Bilderberg meetings
fox20012 in reply to sirbadman (Show the comment) 2 years ago 2
I've done my own analysis, and it has nothing to do with fundamentals. Who needs to an economics degree, when you can trade this market knowing everything about psychology. Don't come crying to me in 12 months time when the S&P500 is trading between 1500 & 1700.
MrSydneyKing in reply to fox20012 (Show the comment) 2 years ago
That's a big lie sold to the public. That fear drives the market. It sounds logical doesn't it? But the fear of mums and dads has f-all to do with anything. Sure the hedge funds have some sway, and the a lot of pension funds are actually pretty bad investors. But it's the banks, especially central banks owned by banking families that have the financial fire power to drive the markets. They need to majorly cash out slowly before pulling the plug again and picking up again at the next lows.
sirbadman in reply to MrSydneyKing (Show the comment) 2 years ago
you better do you home work, dont just listen to what people say
fox20012 in reply to MrSydneyKing (Show the comment) 2 years ago 2
So everyone keeps saying. But I don't see that happening. The market is right, and there ae too many pessimists out there still.
MrSydneyKing in reply to fox20012 (Show the comment) 2 years ago