To: sense who wrote (169957 ) 3/27/2021 10:43:40 PM From: TobagoJack Read Replies (1) | Respond to of 219828 RE <<plausible >> ... maybe in the meantime the bubble might expand because no one can afford to pierce the bubble of all things, because by definition, should the bubble be pierced, all things get trashed if so, the technicals (forget fundamentals) of BTC remain healthyask-socrates.com Confusion Reigns SATURDAY, 27 MARCH 2021 BY: MARTIN ARMSTRONGQUESTION: Well Goldman Sachs sold $10.5 billion in shares making it your 5-day correction and the decline from your week of March 15. The bullish sentiment is only 50% so it seems like the market is very confused. Since we are not at 90% bullish, it's not a major high according to your philosophy. OK. Now what? SBANSWER: This has been the most hated bull market in history. I think the highest the Bullish Consensus reached was about 56% last November. You are correct, major all-time highs unfold when everyone who has ever thought about buying has bought. We are not at that level and the only opportunity for that seems to be possible in 2022. Keep in mind that 2022 is also a Panic Cycle in politics. I would not even venture a guess what that means at this stage in the game. Socrates has been going a good job as the market has been just following the weekly timing arrays. Nevertheless, April is a Panic Cycle in the VIX so I would expect higher volatility and the next turning point will not arrive until the week of April 5th. Long-Term, the only place for capital will be equities and tangibles. I know they will say the market should drop as interest rates rise. But that has NEVER been the case. This entire bull market took place with rising interest rates. In fact, as interest rates rise, so will inflation, and that is the main characteristic of this cycle. So get ready for more confusion. The majority of analysts seem to think the market is over-valued. That is good for the long-term. Volatility will rise along with confusion. But I still do not see a major crash and we would still see a low in May with a summer rally, or a May high would imply a summer decline.