we are not saying crash now either - I expect the next bear
cycle will be later this year, not now
again stay humble, never get convinced you know what's going to
happen -the market gods see that and punish you. It's good to have
conviction when warranted but always always stay humble and ready
to be surprised
We have different perspectives here Matt. If you think visit to
3200-3500 is a crash , then you are right. I consider that a normal
correction ( IF that happens).
you guys called the top WAAY before anyone did … I think
around mid to late 2021.
I got out of speculative names around that time except
XBI.
I was bullish in August last year. JkI was wrong. But how long
was I wrong for ?
maybe 3 months ?
I’m not trying to be or prove a smart ass here. Trust me … i
have been short plenty of times all along. That said I lost a lot
of money last 18 months. Would love to see any bears that can claim
they minted big money in this “crash”.
For the kind of rate shocks we have been experiencing- one would
expect the markets to trade below 3000
But where are we ?
and I’m ready to switch gears across all my accounts if the
situation warrants. So absolutely being humble.
And lastly … I never said you guys called for a crash
now
Posted by bpozdoll1717 on 30th of Mar 2023 at 08:57 am
First rule of bear market: protect capital. That is a win
in itself. Then second: go for a bunch of singles and
not home runs. Trying to “mint” seems risky and unwise unless
your timing is impeccable.
Posted by fredsaid on 30th of Mar 2023 at 12:10 am
The markets will likely trade below 3000 but not for long.
I posted a while back I expect the catalyst to be a nuclear
BS setup since it's so easy to imagine... 1 day drop to 2222 ?
Posted by fredsaid on 29th of Mar 2023 at 11:12 pm
Well said Matt. Truth be told it's absolutely excellent to
have perma bulls like Arun (I know he doesn't want to known that
way) as a contributor. I see myself as more of a perma bear
because I will put my foot and my money out there saying 3200 is
coming - NO MATTER WHAT. But without time frames, it's all
bupkiss ...init it ?
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we are not saying crash
I am not screaming a new bull run … but ...
Posted by matt on 29th of Mar 2023 at 10:44 pm
we are not saying crash now either - I expect the next bear cycle will be later this year, not now
again stay humble, never get convinced you know what's going to happen -the market gods see that and punish you. It's good to have conviction when warranted but always always stay humble and ready to be surprised
We have different perspectives here
Posted by arun on 29th of Mar 2023 at 11:32 pm
We have different perspectives here Matt. If you think visit to 3200-3500 is a crash , then you are right. I consider that a normal correction ( IF that happens).
you guys called the top WAAY before anyone did … I think around mid to late 2021.
I got out of speculative names around that time except XBI.
I was bullish in August last year. JkI was wrong. But how long was I wrong for ?
maybe 3 months ?
I’m not trying to be or prove a smart ass here. Trust me … i have been short plenty of times all along. That said I lost a lot of money last 18 months. Would love to see any bears that can claim they minted big money in this “crash”.
For the kind of rate shocks we have been experiencing- one would expect the markets to trade below 3000
But where are we ?
and I’m ready to switch gears across all my accounts if the situation warrants. So absolutely being humble.
And lastly … I never said you guys called for a crash now
I was responding to a post by another member.
First rule of bear market:
Posted by bpozdoll1717 on 30th of Mar 2023 at 08:57 am
First rule of bear market: protect capital. That is a win in itself. Then second: go for a bunch of singles and not home runs. Trying to “mint” seems risky and unwise unless your timing is impeccable.
The markets will likely trade
Posted by fredsaid on 30th of Mar 2023 at 12:10 am
The markets will likely trade below 3000 but not for long. I posted a while back I expect the catalyst to be a nuclear BS setup since it's so easy to imagine... 1 day drop to 2222 ?
Well said Matt. Truth be
Posted by fredsaid on 29th of Mar 2023 at 11:12 pm
Well said Matt. Truth be told it's absolutely excellent to have perma bulls like Arun (I know he doesn't want to known that way) as a contributor. I see myself as more of a perma bear because I will put my foot and my money out there saying 3200 is coming - NO MATTER WHAT. But without time frames, it's all bupkiss ...init it ?