From: POKERSAM | 10/26/2018 10:05:34 AM | | | | The vivisection of the perma bulls continues. The lemmings are following over the cliff and into the sea of Red. We began intermediate (3) of Primary [3] this morning with a breakaway gap to the downside. My target for [3] is 2444.
I am sorry but I can't help but laugh at the spectacle of the lemmings being lead over the cliff. The bottom of this correction has been called about 4 times already.
 |
| Humble1 and Swing Trading Friends | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (1) |
|
To: POKERSAM who wrote (29481) | 10/26/2018 10:53:52 AM | From: candlestickit | | | I suggest they look at this long term chart and the following article on margin. Oct 2018 begins the biggest bear market in history. Going to make the decline from 1929 look like childs play. When margin is called going to be fast n furious.
advisorperspectives.com
The presidential alert was the bell for the elite to SELL.
 |
| Humble1 and Swing Trading Friends | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (1) |
|
From: candlestickit | 10/26/2018 10:58:07 AM | | | | Headlines that make BEARS fell comfortable:
This is the best time to buy stocks since Trump’s election, says Wells Fargo Why the Dow Jones Industrial Average should be higher in six months The stock market’s technical indicators are suggesting ‘the bottom is in’ |
| Humble1 and Swing Trading Friends | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
To: humble1 who wrote (29484) | 10/26/2018 1:10:05 PM | From: dospesos | | | Granny Janny loves regulation and hates markets, like all bad Keynesians. Who created the near zero rates which led to over indebtedness and dopey speculation?
She must be writing her memoirs. Someone must remind her what she really did. |
| Humble1 and Swing Trading Friends | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last ReadRead Replies (1) |
|
To: candlestickit who wrote (29482) | 10/26/2018 1:21:52 PM | From: dospesos | | | "Conclusions There are too few peak/trough episodes in this overlay series to take the latest credit balance data as a leading indicator of a major selloff in U.S. equities. This has been an interesting indicator to watch and will certainly continue to bear close watching in the months ahead." |
| Humble1 and Swing Trading Friends | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
From: dospesos | 10/26/2018 3:59:09 PM | | | | Stock margins always have gone up in bull markets because, well, it's legal to use margin, and people and organizations use it. I have never thought of it saw anything other than a concurrent, totally logical occurrence. Agonizing about rising margin debt seemed silly to me.
However, bear markets are generally shorter than bull markets because margins do get called in, and that's always been true. People sell quicker when they are margined than when they are not.
If margin debt started falling significantly while market prices continued rising, it would be a big worry. But that hasn't happened in the last three or four bull markets, including the study mentioned earlier. |
| Humble1 and Swing Trading Friends | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
To: dospesos who wrote (29485) | 10/26/2018 4:57:56 PM | From: humble1 | | | Indeed. It's laughable, sort of.
"Is it possible that 'Chair' Yellen does not understand that she caused the deterioration in standards in leveraged loans? By keeping rates too low for too long, and engaging in speculative policies such as QE2-3 and 'Operation Twist'? |
| Humble1 and Swing Trading Friends | Stock Discussion ForumsShare | RecommendKeepReplyMark as Last Read |
|
| |