I have had enough of this market. It never seems to make up its mind of what it wants to do. Just slowly unwinding, like a rotting disease eating away at indices but never quite making up its mind where it wants to go. This bear market has been hanging around for too long. I would like to see an end to it so I can try some new ideas and strategies. What is the point in going long in this market, the trader would lose his or her shirt. Only shorting will make serious money. I, like many of you have trained and studied techniques for TA, fundamentals, system trading, use of the news stories and other methods but none of this knowledge can effectively be put to use until we return to stable or trending markets. The risks are too great, all the cards are stacked in favour of the MM.
I NOW WANT A MARKET CRASH - IMMEDIATELY, NOW!!!!!!!
This will not be popular with members but I can tell you, I WISH WALL STREET WOULD CRASH, AT LEAST 1000 POINTS OFF THE NAZ AND 1500 OFF THE DOW, LETS SEE A MAJOR SELL OFF.
This is what the markets need to return to some sort of equilibrium. A MASSIVE SHOCK FOR TECHNICAL REASONS. You know, that is what some companies are trying to achieve unilaterally by issuing PWs, down goes the price (CRASH) and the MM is back in business. I strongly believe stocks to be over priced with earnings falling and growth evaporating. Many tech stocks can no longer justify historic P/E ratios and I tell you the market knows this. What incentive is there for investing in this market, what happened to the equity risk premium. I always thought that investors expected to do better from shares than banks. There is little reason to risk funds going long in this market. The MMs are taking the pxxs and they know it. If this continues there will be investors who will never trust the stock market again, EVER. They are killing the goose that lays the golden egg.
That said, there is a lot of money sitting accounts waiting to be invested in this market but no city investor will buy even at silly prices for likes of BLM because they know prices are going lower, lower, lower, lower...............................?
A CRASH would surely stop the rot that has made many traders poor. Not many traders would openly admit to suffering losses but ask yourself, what have you lost in this difficult market? Grinding, griding, grinding away at your hard earned corn. My advice to traders is not to go long. Volatility is increasing with prices jumping about all over the place to put the fear of God into investors. If you do not believe me take a look at intraday charts for BLM, BHM, MONI to name but a few. OK I am completely out of the market. So should any trader unless you are a CFD technician. Please God let us have a swift CRASH then we wait 6 weeks and the market begins to recover. Dream on, this is not forecasted. MORE ROT, THATS WHAT.
OK I do not expect anybody to agree. CRASH YOU B*****D, CRASH. This is the only way to stop the rot, I remember last time Wall Street Crash and it cleared the air and allowed things to stabilise. I have thought long and hard about this scenario, a crash is more likely now than at any time for years. It only needs a trigger and CRASH. Rizgar and other respectable members forecast this bear market in threads going back to October/ November. The picture has now changed for the worst and unless the FED move to cut interest rates before the next meeting there is a real danger of CRASH. This is the most serious bear market in years and the danger signs are there for all to see. BE CAREFUL or the MMs will have your shirt. If anybody still has tech stocks consider STOP LOSS policy. Say 'GOODBYE, YOU ARE THE WEAKEST LINK'. Unless the FED cut rates this week I fear the worst. Be very careful.
Tx
I NOW WANT A MARKET CRASH - IMMEDIATELY, NOW!!!!!!!
This will not be popular with members but I can tell you, I WISH WALL STREET WOULD CRASH, AT LEAST 1000 POINTS OFF THE NAZ AND 1500 OFF THE DOW, LETS SEE A MAJOR SELL OFF.
This is what the markets need to return to some sort of equilibrium. A MASSIVE SHOCK FOR TECHNICAL REASONS. You know, that is what some companies are trying to achieve unilaterally by issuing PWs, down goes the price (CRASH) and the MM is back in business. I strongly believe stocks to be over priced with earnings falling and growth evaporating. Many tech stocks can no longer justify historic P/E ratios and I tell you the market knows this. What incentive is there for investing in this market, what happened to the equity risk premium. I always thought that investors expected to do better from shares than banks. There is little reason to risk funds going long in this market. The MMs are taking the pxxs and they know it. If this continues there will be investors who will never trust the stock market again, EVER. They are killing the goose that lays the golden egg.
That said, there is a lot of money sitting accounts waiting to be invested in this market but no city investor will buy even at silly prices for likes of BLM because they know prices are going lower, lower, lower, lower...............................?
A CRASH would surely stop the rot that has made many traders poor. Not many traders would openly admit to suffering losses but ask yourself, what have you lost in this difficult market? Grinding, griding, grinding away at your hard earned corn. My advice to traders is not to go long. Volatility is increasing with prices jumping about all over the place to put the fear of God into investors. If you do not believe me take a look at intraday charts for BLM, BHM, MONI to name but a few. OK I am completely out of the market. So should any trader unless you are a CFD technician. Please God let us have a swift CRASH then we wait 6 weeks and the market begins to recover. Dream on, this is not forecasted. MORE ROT, THATS WHAT.
OK I do not expect anybody to agree. CRASH YOU B*****D, CRASH. This is the only way to stop the rot, I remember last time Wall Street Crash and it cleared the air and allowed things to stabilise. I have thought long and hard about this scenario, a crash is more likely now than at any time for years. It only needs a trigger and CRASH. Rizgar and other respectable members forecast this bear market in threads going back to October/ November. The picture has now changed for the worst and unless the FED move to cut interest rates before the next meeting there is a real danger of CRASH. This is the most serious bear market in years and the danger signs are there for all to see. BE CAREFUL or the MMs will have your shirt. If anybody still has tech stocks consider STOP LOSS policy. Say 'GOODBYE, YOU ARE THE WEAKEST LINK'. Unless the FED cut rates this week I fear the worst. Be very careful.
Tx
