new_trader
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Do you have an exact date? I want to mark it on my calendar.
Yes, the "dog cocking it's leg" formation is identical to that of the 1970s slump. Prices then doubled in a year.
Not an exact date but it is said that a bear market lasts 19 months (they say this one could last 23) so anytime from May to August.
KillPhil08
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Yas The Holy Grail!!!11!
counter_violent
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Way things are going it could last a very long time cos this is the mother of all recessions/depressions and anyone saying different is a complete ****
Martinghoul
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Finally, someone giving me solutions, not problems... Now, after months and months of uncertainty, I finally know what to do !
As soon as you fancy buying some - give me a nudge will you wasp?
Finally, someone giving me solutions, not problems... Now, after months and months of uncertainty, I finally know what to do !
I feel I am being ribbed a little for my obvious claim
rathcoole_exile
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rathcoole_exile
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only because people can't get physically close enough to you to smash your head into a wall
now that's not nice
hwsteele
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Oh, boy here we go again!
The answer to your first question is no. BUT it might be yes. But it could still be no.
By the time the world agrees that this bear market is over the new bull market will be ready for its first nice big retracement.
Oh by the way, if you ask a question that shows so blatantly that you have little knowledge of trading, then make a statement that requires people to believe you have a reasonably deep knowledge of trading, most folks here won't take you very seriously.
SO
If you have real question don't try to make yourself sound more smarterish than you are. Just be honest and truthful.
megamuel
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Hi Klastica,
Hope you are well. The reason why you are getting ribbed is because you seem fairly sure that the bear market will end in 3-4 months, in reality this is a fairy absurd thing to be sure about. You never know, you might have just called the bottom, but on the other hand, the markets could drop for another few years. If it were as easy as saying the bull market will begin in 3 months then everyone would be trading/investing! Thats not to say that you can't make some sensible long term investments. Maybe try and develop a broad portfolio of stocks over the next 3 years, you never know, you could be looking at some good returns in 5-10 years. Just make sure you don't pick anything because it looks cheap. You really need to delve into the fundamentals and pick strong companies, that are weathering the storm and adapting to the new economic climate. This would normally be reflected in the companies price. When your picking stocks for a portfolio, try to thing of it as owning a part of the company. Would you really want to own part of that business at the moment?
So basically, don't put your life savings into thinking that the bear market will end in 3-4 months. Because it 'might' not. But if you make some sensible investement decisions over the next few years, you could be reaping the rewards over the longer term, maybe 5-10 years. Having said all that its probably better to stick to swing trading over the coming months. All the best,
Sam.
Hope you are well. The reason why you are getting ribbed is because you seem fairly sure that the bear market will end in 3-4 months, in reality this is a fairy absurd thing to be sure about. You never know, you might have just called the bottom, but on the other hand, the markets could drop for another few years. If it were as easy as saying the bull market will begin in 3 months then everyone would be trading/investing! Thats not to say that you can't make some sensible long term investments. Maybe try and develop a broad portfolio of stocks over the next 3 years, you never know, you could be looking at some good returns in 5-10 years. Just make sure you don't pick anything because it looks cheap. You really need to delve into the fundamentals and pick strong companies, that are weathering the storm and adapting to the new economic climate. This would normally be reflected in the companies price. When your picking stocks for a portfolio, try to thing of it as owning a part of the company. Would you really want to own part of that business at the moment?
So basically, don't put your life savings into thinking that the bear market will end in 3-4 months. Because it 'might' not. But if you make some sensible investement decisions over the next few years, you could be reaping the rewards over the longer term, maybe 5-10 years. Having said all that its probably better to stick to swing trading over the coming months. All the best,
Sam.
the bear market will end on december 2012. when the sun changes its magnetic field and everyone goes bonkers.
shares of medical care will shoot up. New compasses must be made. lodestone would be needed. So i guess long metal commofities. These must be mined. Then long mining companies. If they mine too much some of them would hit gold. Gold rush!!! America will boom again. Long every ****
shares of medical care will shoot up. New compasses must be made. lodestone would be needed. So i guess long metal commofities. These must be mined. Then long mining companies. If they mine too much some of them would hit gold. Gold rush!!! America will boom again. Long every ****
nine
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You might get the impression that people are taking the ****.
And they are. For good reason.
Its a classic newbie mistake to think that "this time will be the same." So people line up this year against that and see correlations that are caused by how fxxked up our minds are - but if you have tried to trade these correlations in the past you'll know how well it works.
The other issue is that most of what one compares with are recessions. This is almost certainly a depression (not actually defined term) not a recession (two quarters negative growth). And depressions are few and far between. The best correlation would be 1929-40 but this one should already have had a good bounce if it was mapping against 29 - and it seems to be messing with us.
FWIW my favourite scenario says we get a bounce soon. And the bounce goes up to the dow 10000 region. And later this year or early next year (feb perhaps if one wants a month) it tops and then it goes down really hard. Bottom sometime between the end of 2010 and 2012 ... sorry, can't give you a month. Then, if its like 1929 we'll get a rise for a few years and then another drop into the end of the decade.
But personally, much as I like that one, I'll trade what I see.
PS. I'd like to claim bragging rights if we get a serious event in feb 2010 ... perhaps starting out of the former USSR ... leading into the big drop.
And they are. For good reason.
Its a classic newbie mistake to think that "this time will be the same." So people line up this year against that and see correlations that are caused by how fxxked up our minds are - but if you have tried to trade these correlations in the past you'll know how well it works.
The other issue is that most of what one compares with are recessions. This is almost certainly a depression (not actually defined term) not a recession (two quarters negative growth). And depressions are few and far between. The best correlation would be 1929-40 but this one should already have had a good bounce if it was mapping against 29 - and it seems to be messing with us.
FWIW my favourite scenario says we get a bounce soon. And the bounce goes up to the dow 10000 region. And later this year or early next year (feb perhaps if one wants a month) it tops and then it goes down really hard. Bottom sometime between the end of 2010 and 2012 ... sorry, can't give you a month. Then, if its like 1929 we'll get a rise for a few years and then another drop into the end of the decade.
But personally, much as I like that one, I'll trade what I see.
PS. I'd like to claim bragging rights if we get a serious event in feb 2010 ... perhaps starting out of the former USSR ... leading into the big drop.
Oh, boy here we go again!
The answer to your first question is no. BUT it might be yes. But it could still be no.
By the time the world agrees that this bear market is over the new bull market will be ready for its first nice big retracement.
Oh by the way, if you ask a question that shows so blatantly that you have little knowledge of trading, then make a statement that requires people to believe you have a reasonably deep knowledge of trading, most folks here won't take you very seriously.
SO
If you have real question don't try to make yourself sound more smarterish than you are. Just be honest and truthful.
Wasn't trying to be stupid or smart. Just saying what I'd heard about bear markets usually lasting 19 months.
