kalinm. your postings are always interesting. Please keep
posting. You are, just like me, obviously way too early in beeing a
bear. All alarm bells are ringing but those banksters (who can
blame them... printing money is their only option...) manage to
keep things going. Your bearcharts are very convincing ond this
money/debt bubble can't go on forever. Problem is, that there still
could be a couple of weeks, even months bevore the trust in the
powers is vanished.... I hope I'll be there with shorts when the
time will come.....
Thanks zwyss. Yes, I was fooled by the sharp sell off in
Aug 2011. That sell-off broke the back of the bull, or so I
thought. A similar thing happened (technically speaking), in
the 1998 LTCM crisis. The market climbed a final wall of
worry for 19 months before finally peaking in 2000. I view
this last over-lappy and hated rally as similar.... and it is 16
months after that point now. Also similar action now to then
was the "blow-off" spike in Nasdaq 100 stocks. Finally, MSFT
peaked and started crashing a few months before the broad markets.
The bull market leader died, and other things picked up the
slack for a little while, but not too long. If AAPL peaked in
September, we are nearing 4 months without the bull market leader
-- not conducive for a sustainable bull run IMO.
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kalinm. your postings are always
Secular bear market action for last 12 years
Posted by zwyss on 6th of Jan 2013 at 01:57 pm
kalinm. your postings are always interesting. Please keep posting. You are, just like me, obviously way too early in beeing a bear. All alarm bells are ringing but those banksters (who can blame them... printing money is their only option...) manage to keep things going. Your bearcharts are very convincing ond this money/debt bubble can't go on forever. Problem is, that there still could be a couple of weeks, even months bevore the trust in the powers is vanished.... I hope I'll be there with shorts when the time will come.....
Thanks zwyss. Yes, I was
Posted by kalinm on 6th of Jan 2013 at 02:52 pm
Thanks zwyss. Yes, I was fooled by the sharp sell off in Aug 2011. That sell-off broke the back of the bull, or so I thought. A similar thing happened (technically speaking), in the 1998 LTCM crisis. The market climbed a final wall of worry for 19 months before finally peaking in 2000. I view this last over-lappy and hated rally as similar.... and it is 16 months after that point now. Also similar action now to then was the "blow-off" spike in Nasdaq 100 stocks. Finally, MSFT peaked and started crashing a few months before the broad markets. The bull market leader died, and other things picked up the slack for a little while, but not too long. If AAPL peaked in September, we are nearing 4 months without the bull market leader -- not conducive for a sustainable bull run IMO.