Jump to content
Sign in to follow this  

THE GREAT BEAR IS UPON US

Recommended Posts

Here it is: my 2 bit on the great question? when will this bull market end?? DOW WILL TOP OUT AROUND 27830, NASDAQ COMP AROUND 8260 before the end of the year . That will be the top for a long long time- 20 years. funds will flow to china and the great transition of economic might will begin its final stages with chinese equity market in a secular bull phase 

Share this post


Link to post

Hi @jay, welcome to the Bear club.  I'm interested in how you come to your termination levels (not a challenge, just curious to compare vs mine).

I agree overall except I don't see a move to China, understand the logic but this will be a global phenomena in my view, no one will escape this time.  The safe havens will be precious metals and USD (sorry crypto guys, it just wont happen for this new tech solution yet...)

Got a view on when?

Share this post


Link to post

hi mercury. I've been studying GANN for 20 years and along with various flavours of fundamental and technical analysis, this i see as a high probability event. Afcourse we're talking probabilities and not crystal ****

Share this post


Link to post

My best guess would be by end of october.. Psychology of black monday as a trigger.. market breadth is still good however.. market normally requires a longer period of detoriation

Share this post


Link to post

Thanks @jay, not familiar with Gann myself but my analysis suggest the following:

  1. Dow tops out around 28,000
  2. Nasdaq somewhere between 8000-8200 (spike likely)
  3. FTSE circa 8000
  4. SP500 between 2950-3000 (upper end likely)
  5. Timeline end Oct to mid Nov (ideal point shortly after US NFP in first week of Nov but could run another month 

Let's see...

Share this post


Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Member Statistics

    • Total Topics
      7,632
    • Total Posts
      39,218
    • Total Members
      49,446
    Newest Member
    Bao
    Joined 22/10/19 03:41
  • Posts

    • It varies ... lol @ claim of 24/7* trading, with this footnote: * 24/7 excludes the 6 hours from 10pm Fri to 4am Sat, and 20 mins just before the weekday market opens on Sunday night. Do IG understand what 24/7 means?
    • Fund manager Mark Denning, who was part of a team running more than £229 billion of assets at Capital Group, has been forced to resigned after allegedly breaking investment rules. A BBC Panorama investigation – set to air tonight at 8.30pm – will accuse Denning of investing in shares which were also held by the funds he worked on. This is seen as a conflict of interest within fund management as a manager could potentially profit at the expense of his clients - the fund manager could use the significant assets of a fund to push up the share price of a company, benefiting his other investments. https://www.morningstar.co.uk/uk/news/196565/fund-manager-resigns-ahead-of-damning-bbc-panorama-investigation.aspx   And how do his fellow financial professionals react to this?  Well they call him a 'uniquely talented' colleague.  Seems that his only fault was to get caught screwing the dumb retails clients over.    Let's face facts ... if you're 'little people' then you aren't safe ANYWHERE in the financial markets. You WILL get screwed over and eaten alive.
    • Good luck trying to keep up with all that 🤣
×
×