The current cycle back to the last crash in 2008. Last year was clearly just a minor blip.
I'm now wondering if gravity could bring us to a cycle retracement of -0.618 - or the next level down, which would wipe out the whole crazy 13 year bubble that has not left the world any better off anyway. If the market were to properly reprice it would clearly be the...
Well, it did happen once before in 2000.... Never say never again... and multiply by three!
Incredible this was done during a recession, pandemic and start of a civil war! Clearly it's not the market moving the market.
This market is like a pilotless 737 Max being remote controlled from somewhere in Washington, all the more reason to fear those who think they...
Perhaps a bearish rising wedge. Boy, if so, could this fall!
Add on both Fib retracement levels and Elliot wave analysis, this could be quite a journey. You do that. Numbers take us back to Nasdaq's 2007 high. Work that out. Do the Fib and Elliot ratracemets.
Well balanced market reflecting a strong and growing economy with the best economic surprise levels in human history. Everything is better than expected. Things can only get better. Trust this market and those making it happen. Buy Buy Buy.
This chart shows Apple from just before 1981 it was listed.
Note how normal everything was until the post 2008 Fed madness induced hyper-bubble. Apple is one of the best companies on earth, maybe the best, but not this good!!!!
The final ABC move in Elliot Wave analysis when coupled with the usual Fibonacci retaracements when this happens is frightening. Note...
Look at the island toward the end of the chart.
That's where one wants to be now - on an island. BUT NOT THIS ISLAND!!!
It's actually a volcano about to blow.
Get off. Get on the lifeboat again. Find a more stable continent. Or at least stay afloat.
The biggliest, bestest, most beautifulest, like, perfect, greatest bubble ever in the whole of human history!
I'm the greatest.
Bought in 2002. Sold last night. Don't care if there is another 10%. That's now just throwing craps in a casino when completely pissed.
We're possibly moving toward a Blow Off Top with Negative Divergence.
Note the ABC tied in perfectly with 12345 waves.
The Fibionacci extension shows where this could go.
The megaphone possible limits the lat move to C to 50% of the last Fib retracement one might normally expect.
PERFECT UPWARD TREND.
UP LIKE A ROCKET AGAIN FROM NEXT WEEK, IM SURE!!!
OR A 737 MAX.
BUT NO DIFFERENCE IN THIS MARKET. BOEING AND THE BILLIONAIRE SPACE BOYS GO UP INTO THE STRATOSPHERE NO MATTER WHAT. APPLE CAN ALWAYS PHONE HOME.
THE FED AND THE PRESIDENT WILL MAKE US ALL RICH. THEY ALWYS WILL ANSWER THE CALL.
JUST LOOK AT THE GRAPH.
NO NEED FOR AN IDIOTS...