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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?


To: scoot1212 who wrote (31425)11/4/2018 1:14:07 PM
From: rogermci®1 Recommendation

Recommended By
da_cheif™

  Read Replies (1) | Respond to of 41413
 
Scoot, how long have you been professionally involved working in the investment business? And based on your posts I would assume you're currently short the stock market? As you know from my posts, I'm currently for the most part fully invested.



To: scoot1212 who wrote (31425)11/4/2018 1:37:58 PM
From: POKERSAM1 Recommendation

Recommended By
Ms. Baby Boomer

  Respond to of 41413
 
The bulls that are left are drinking somebodies kool aid. Who will be the last bull standing? The thing to watch for is calling the bottom at every bounce. Doing whatever is necessary to keep a bullish EW count as we decline. My proprietary BS indicator is a long way from its extreme so we are not near a bottom.
The perma bulls will keep singing "Keep On The Sunny Side" till the end BUT they will look more and more silly as time goes by. Only when they look like utterly ridiculous losers will we be near a bottom.
My first target for the bottom is 1810. This number will be revised to the downside should it become necessary

As long as the F&G index is showing the driving force in the market is extreme fear there can be no sustained rally. money.cnn.com

It appears we are coming off the top of wave (2) at 2756. If correct this means we are in (3) of [3] of A down.
The target for (3) is 2470. The target for [3] is 2444.

JMHO, BWDIK, My best guess, in a perfect world, Do your own DD.