claydoctor
Short

spx500 de ja vu all over again

FX:SPX500   S&P 500 index of US listed shares
647 2 10
ECB will try to devalue euro             to the dollar, but it will stop having the effect it desires, deep negative rates? Really? Economics 101 says, don't mess with certain primary factors. You cannot make the system do what is forbidden. Well you can, just the desired results don't happen just because you have power and position to do it. Buy rumor, sell fact. Last gasps of dollar strength, blue vertical, see chart, then and now. RSI tells all.
Ron M Morin
a year ago
Like you pessimism. I'm bearish too. But I can't help thinking Bulls will try to make a new ATH. Still, I hope you're right.
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Reekardo Ron M Morin
a year ago
this is a problem... the bearish moves from 2000,2008,2011 are still fresh in everyone's mind and it becomes a crowded trade fast. the introduction of 3x etf's like tvix and uvxy are th tell... they wont let this market go down and they are simply using the flash moves to cash in on bear traps and shorts who wait for the hole to jump into. this is too obvious. as much as i want to see the market sell down below 666, it simply won't be that obvious.
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