XJO 0.12% 7,822.3 s&p/asx 200

tentative tuesday, page-94

  1. 746 Posts.
    phruck cw its always like that isn't it? I'm long with my pants down and crash insurance. I reckon today was the low but we may have some backfilling and sh!te. We could go parabolic from here I reckon if this has been a bear rout in a bull run thats not finished. That's my call. I've been humbled before.

    I posted this on Sunday fwiw. take care. kill those ig buggers.

    some cloudy thoughts.
    3-4 weeks negative action has covered most of the recent party stoppers timewise over the past few years. The depth has varied.
    We just closed negative week number 1.
    We sit in a position where we may have another 2-3 weeks of crappy action but at a level above the January low and the March retest. We either survive and Jo goes parabolic, fueled by the unrelenting commodity bull, hyperinflation and the technically perfect wave which will suck in trillions of greedy $$$
    OR the US crashes through these lows and we get washed down the drain for months and months.
    Crunch time is coming in the next few weeks.
    The market "learns" so if its forming a low it'll probably be week 2-3 ie THIS WEEK.
    However, I recommend taking out crash insurance.
    Me, I don't think I can even be bothered. Good luck.
    Remember, its a party. Have fun, get some, don't get killed.
 
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