Market Crash about now ?

wisefoolx

Well-known member
258 9
I hope I am wrong but my market indicators are signalling a market top occurring between now and mid October . Any major downturn could be quite severe.
 

EnlightenedJoe

Experienced member
1,950 95
You obviously don't believe it since you are not putting money on it. If you are looking for confirmation from other curve fitters, they are not sure either. They could never tell which of their signal is good and which bad.
 

Pat494

Legendary member
13,258 1,275
If NK and the USA start throwing nuclear bombs you may well be right.

There are some very poor quality world leaders. They should be saving the planet, not blowing it up imho
 

EnlightenedJoe

Experienced member
1,950 95
If NK and the USA start throwing nuclear bombs you may well be right.

There are some very poor quality world leaders. They should be saving the planet, not blowing it up imho
You make the americans sound so brave. If they are as brave as people think, they wouldn't need the number nuclear bombs that can destroy the world 1000 times over. Once or twice is more than enough. It's like a man who needs to wear a belt as well as trouser suspenders. It's a sign he's neither brave nor confident.

The chinese stated in no uncertain terms they will tolerate no nuclear fallout on their periphery. So there is going to be no throwing of nuclear bombs.

Any fight will be conventional. No one should doubt if a fight does break out, all the chinese and russian AA missile factories will go over time in supplying the NK.
 
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tomorton

Legendary member
7,157 931
I hope I am wrong but my market indicators are signalling a market top occurring between now and mid October . Any major downturn could be quite severe.

Once the Dow has established any % gain over the previous 12 months, there is such a warning every month from that point on. You must have seen this. Nine times out of ten they're wrong. What can you do to convince anyone this time?
 

wisefoolx

Well-known member
258 9
I don't think so...

You obviously don't believe it since you are not putting money on it. If you are looking for confirmation from other curve fitters, they are not sure either. They could never tell which of their signal is good and which bad.
Well that's stating the obvious, I said I hope I'm wrong - so not 100% certain. I'm a very short term trader so if an when I feel it is imminent then I will put some money on it.

Why so anxious on your part ? Long the market ? ;)
 

wisefoolx

Well-known member
258 9
No trying to convince !

Once the Dow has established any % gain over the previous 12 months, there is such a warning every month from that point on. You must have seen this. Nine times out of ten they're wrong. What can you do to convince anyone this time?
Not trying to convince anyone but for what it's worth my regression analysis tells me a crash is coming. But to be precise I think the market will rise till about the end of this month and then ... get ready.

So I'd long stuff like IBM , APPL, MSFT till then, then short the index like never before.

But bottom line: everyone should decide for themselves what to do.
 

EnlightenedJoe

Experienced member
1,950 95
Well that's stating the obvious, I said I hope I'm wrong - so not 100% certain. I'm a very short term trader so if an when I feel it is imminent then I will put some money on it.

Why so anxious on your part ? Long the market ? ;)
I am not anxious. I have developed a very strange symptom, everything I have are shorts. Not sure if this is fatal yet, but could be.
 

tomorton

Legendary member
7,157 931
Most up trends don't end in crashes. Much more likely the market goes eventually into another consolidation range and then resumes its upward motion.

I'm a trend-follower so I'm not going to put money behind this thought until it happens and possibly not even then. As to when that might happen, I have no idea so can't argue it might not be the end of the month.
 

SunTrader

Newbie
1 0
Am I too late? Did I miss the drop?

Oh one of those ... any day now scenarios. Or any week now. Or any month now. Or ...................