Bulls, Turn Up The Volume!

AMEX:IWV   iShares Russell 3000 ETF
Bulls have been shouting ALL last year, that the Bear market is over.

It's fine. Everything is fine.

Don't think about hyperinflation incoming, or the everything crash around the corner, or credit default swaps going vertical, or multiple banks insolvency, or dollar threatened as global currency, or Fed rates still rising all this year, or layoffs increasing, or personal credit usage rising more, or personal savings non-existent, or discretionary spending decreasing to substance vices only... or all the other things that we can see signaling this is the middle of the bear market, only. Not the end of it.

Almost a year since my last post & I still see many Bulls (mainstream media & social media influencers), urging retail to "buy the dip!" & other nonsense. There have been dips last year, & there will be more this year. You can buy low now, & hold the bag soon, for banks & hedge funds that have counted on you todo for generations.

Or wait until we actually crash first, & then buy at the bottom. Volume doesn't lie & VIX doesn't lie. Only when you see both big & strong, then you will see capitulation.

Hold steady in waiting. You can scalp, or catch the small sideways swings, if you like. But don't fool yourself into thinking now is the time to go long. It's not.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.