Dow Jones back above 200MA again. Market rigged. for DJ:DJI by MrRenev

THIS MARKET IS RIGGED CALL THE SEC CALL THE FEDS! WHOLE MARKET BEING MANIPULATED WHILE INSITUTIONS ARE ON HOLIDAY.
Playing above 200MA again.
And looks like the S&P500 is going to test the same resistance, ONCE again.
Just fall so I can be a perma bull for years without worrying about impeding doom. Geez. (You should be aware longing stocks is most of the time much safer than shorting them as stocks generally have a permanent bull bias attached to them).

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Here is what I think:
First I consider people all want to make money and that is all they care about or 90%.

The stock market is way overextended, at some record levels I checked it a while ago I think it's never seen since 1987 or something like that.

I believe it can go down when any catalysts happens:

* Yield curve inverts (it is really close to)
* Some war starts
* Some Alpha Male US governement "stop stealing the piggy bank" policy that makes no sense
* FEDS manipulate interest rates further (see 1 too)

Anyone that buys when the prices are so much above the monthly moving averages is making long term investors rich that is all they are doing.

Keep in mind that value investors which are widely represented by monthly moving averages have a rule that looks like this:
- Buy when a stock is 25% its value
- Sell when it is 25% above its value
- Never buy a stock if its price is above its value (only FOMOers do that OR traders looking to get out quick)

What I believe will happen (not based on facts that is just a bet I don't expect to be right but I bet we will see this happen lol):

* We go up retest ath, even go a bit above, with bearish divergence on the monthly (will less strength) ==> delusional bulls celebrate, price then proceed's to meteor down.

They will call this a "dark day" for the stock market.

If I wanted to I could probably tell you what the journal titles are going to be...
"Wall street money experts whatever they are called lose their mind on Dow down 2000 points"
"The worse day since ...."

That kind of stuff, too lazy to check what they usually say.
They probably have the articles (and titles) ready in case it happens.

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Fingers crossed the events in USA, or should I say mother russia (or helsinki idk whatever), bring a nice tasty recession, come on I have been waitign a year.

A wonderful recession so disgusting soulless traders can make a killing shorting everything to the ground, and then buy valuable stocks at 90% discount, taking advantage of people misery <3

Daddy needs his retirement fund to grow!

If unsure what mindset to have, remember to watch this:

:)

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Give me a little civil war I want to make money.
Maybe the big companies flee abandon ship, and their valuations goes down down down, but they are strong, so they WILL recover and be great again, buy wonderful companies at a discount.

Me? Overreact? naaah. I mean, it has to go down as some point, sooner or later, this is how human greed/psychologie works.

Just wait a couple more months, if this goes up to idk maybe 30.000 with strong bearish divergence on weekly and monthly chart, ooow buy rrrriiiiip.

Problem is can't pinpoint exactly where it would retrace, so what I would do is DAYTRADE it, short lock in profit on small retrace and leave some of my position open everytime, if it goes back up I cover, and when it finally goes down, I just ride my winner. No risk to take big losses that way. Unless it does something crazy but it should not, if it goes test previous ath, it's time to start shorting carefully.
This might be the top, or the top might be 30.000, or might be 35000.

People know more now, so maybe it all gets overcut and it won't go 15% past ath with divergence as in 1929.

People like me are ready.

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Oh ye and even if we miss it there will be plenty of opportunities to short on retraces, won't go straight down.

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OMG is it possible Trump is inting his own country so he can build a gigantic short and then buy during the recession, his plan was to become the richest man in the world ever all along!

Record is still held (since the XIV century) by Mansa Musa, at about half a trillion dollars.

I wish I had billions and a presidency to troll the country so I can be remembered in history as the evilest and richest one ever!

And then build a spaceship TO THE MOON. Create my colony, high IQ women accepted only. Guess I'll need a few dudes so my children don't inbreed.
And then we invade earth and bring them to their knees AT MY FEET!

Hmmm too megalomaniac? Not too much for a certain someone...
These "self made" billionaires are pretty dangerous...

Buffet, Bill Gates, every US president that was not the son of a billionaire or of another US president (hello bush) are/was harmless and great.

But every single "self-made" billionaires presidents etc... They're clearly not meant to be at the top...Pretty obvious.

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My personal opinion is whole market will be bullish but it won't feel right, for the rest of 2018.
And then 2019 new 1929.
People are always afraid and cannot tell the difference between irrational fear and facts, so no one is sure, and the ones that are sure do not want to get hated.
I already made an idea listing facts but they are plenty more.
Idk seems pretty obvious to me...

Maybe people think it is "too simple" to be true?

Going to take alot from the fed and anyone involved in manipulating the economy, to bring it back on tract.

Maybe it is best the usa live a painful recession ( not as bad as venezuela) learn their lesson, and get back on tract.
Us is not well, they have been plagued by PC and SJW and obesity, they have to recover.

Get well United States of America!

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Russian spy (just a joke don't ban me please) interfering with natural cycle again.

"I don't like the interest rates"

Federal reserve should increase it to 10%
It never been that low and stock market went full bubble, too many newbs buying on debt, they need to be taught a lesson, and anyway, better kill a cancer as early as possible, if it does not get stopped soon, it will just become insane 1929 style,
OH actually I don't mind, keep the interest rates low, everything is awesome keep buying citizen. Don't worry about a huge recession :)

"Mmmmmm recession" - Homer.

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Why is it so hard to find the lending rates from the past? No one wants people to know since 2016 they are at their lowest since the 1920's?

aaaand all I could find was cnbc idk if they can be trusted...

Whatever.

The monthly RSI got to its highest in the hirstory of EVER.
Mmm if this keeps going it will be fun!

It will take years, so make sure to grow your wealth trading, so you are ready to buy at the bottom of the recession. Monthly RSI at 25 is an awesome place to invest! Oooow yeah I'll take some of everything!

By the way, "2008 was not predictable"

Easiest most obvious crash ever. Giving you that for free, I don't mind if every one knows, I don't need an edge even if every one became super financial warriors I would still make money :D This too ez for me.

This is maybe a twice/thrice in a lifetime opportunity, you are totally allowed to fomo if stocks get that weak!

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How I would trade & invest on a crash

This strategy... It ALWAYS works...
Works with currencies, works with Gold, work with crypto, commodities, and yes with stocks and indices too, only difference stocks are less precise and more noobs panicking adding randomness but also more discounts + gap days also...

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Obviously you stop shorting on retraces when you see big bullish divergence on the weekly chart XD

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Old guy grim ripper is calling the us stock market the biggest bubble in the history of mankind and predicts it will drop 50%

Pfff weakling, he is too scared to say 60-70%

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Oh ye this too lol:

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Months of warning stocks going down and every one acting surprised...
Pure liers, and people still eat it up...

Rofl in 1929 there was no "this is a trap it always go back up never give up never surrender".

The more info we have, the more people learn, the more BAD they get and the easier it gets to make money XDDDDDDD

People learning and remembering what they want to.

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Cool so now not only do the USA have more & more debt, more and more people inflating the stock market, spitting on allies, making trade wars, but they also torture 10 years old.

Going to be a big one that one...

When it happens, for god sake make it so a maniac is not the one with access to the red button, don't want to get nuked by a monkey.

With the money I make shorting the bubble I will be able to afford a AAA bunker thought.

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Hesitated to post this but I finally broke:

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This is my prediction: every thing works the same and people always exagerate/ take more than they need due to low IQ.

So due to low IQ, when the americans gets fed up of their current government they will elect one at the opposite, an extreme one of course "to compensate" and "never again an extreme right guy" this is unbelievably stupid but true, and if the us economy did not sink before that, then this is when it will sink 100%.

Ever noticed how when there is a really warm day any interior (not just buildings, even busses) have their cooling set extreme and it is barely above freezing, people sneeze and feel cold. This some call psychology, I call it incredible stupidity. Same concept.

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Here is a theory:
"Self-made" billionaire Donald Trump is so garbage at business his (dad's) companies went bankrupt so often on the 1990's no bank would lend him money, and his daddy was not around anymore to help him be self-made.

So he turned to Russian Oligarchs to lend him money, and now he is paying back his debt.

Maybe next president is "self-made" billionaire and "self-made" polititian that girl of the Kim Kardashian club?

Great world we are living in XD
This will all end well :)

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Lmao some people that think they "know something" think India and China will become the 2 biggest GDP countries.
My ass.

Unless the USA splits into several countries they can remain at the top forever (I am not counting europe).

The "experts" forgot 2 little facts:

1- The USA have the second largest country, second only to Russia (if you don't count Antartica and the moon people of course), and the #1 country by liveable size.

2- This:
1 United States 174.45 million hectares
2 India 159.65 million hectares
3 Russia 121.78 million hectare
4 China 103.4 million hectares
5 Brazil 59 million hectares

(For the european Union to get to the USA level on arable land they need several more countries to join. Ukraine alone would add 32 million hectares, it's quite a big country with lots of land, and Turkey has 24 mil. I think EU right now is at 100 mil, a bit under russia and china. Several countries joining is not unfair, USA has 52 states!)

USA has "no past" indistrualy, if that makes sense, colons just got there, and everything was built optimally, roads are wide, nowhere is crowded (expect New York lol).

The USA have room for plenty more, they have so much room to grow.
They are not going to crumble even if some random politicians start making suicidal decisions.
These will only be an opportunity to invest during a recession.

They say the roman empire ended, but Italy is doing pretty well, Germany "Holy roman empire" is doing pretty well.
And it did not happen overnight, but over hundreds of years.

If the USA "falls", my bet is on Texas. And California. Well all the cool or "powerful" places. Pretty much anywhere BUT Kentuky & cie. :p
Stupid rednecks (I lived there 3 months IT WAS HELL).