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XJO - Bear Posts only (Factors which might cause the markets to fall), page-16324

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Ewebute

6,367 Posts.

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19/07/24

08:15

Post #: 74821897
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Originally posted by Baron1: ↑

https://www.marketwatch.com/story/d...icially-here-says-goldman-strategist-0fa63c56

Don’t buy the dip as the summer slump is officially here, says Goldman strategist

How quickly the narrative changes? Are we seeing the beginning of the first leg down in what will eventually become the market crash? I would suggest anyone who thinks this thread won't be here in 12 months might do some research first? History suggests that this thread might be the only active thread in 12 months time after the bulls get a lesson in basic economics 101 .

P.S. Remember markets don't go down in a straight line 2008 had the bear market rally of rallies before it totally fell off the cliff BUT with the Nasdaq potentially having put in its long term top the process might have started. Doesn't mean we can't rise again to try to fill the gap left on the US markets yesterday, just saying it smells like we are entering the endgame. Good luck all.

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In relation to the gap fill.. there was one from 2008 that didn't get filled until just recently if I recall my post from a while back. You were correct on this matter from your posts of last year and new highs.

When markets are about to collapse, I have noticed similar about final rallies. I got suckered into the 2008 one. Not again.

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