Investors....come in please!

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I admit I'm more of a gloom and doom guy.
It's tiring to see the market move higher when I think it won't. Likewise for when it doesn't collapse as much as it should.

It's kind of like those who believed in "peak oil", M. King Hubbert's theory of the point in time when the maximum rate of extraction of petroleum is reached, after which it is expected to enter terminal decline. Then you're proven wrong, over and over.
 
Originally Posted By: spackard
I admit I'm more of a gloom and doom guy.
It's tiring to see the market move higher when I think it won't. Likewise for when it doesn't collapse as much as it should.

It's kind of like those who believed in "peak oil", M. King Hubbert's theory of the point in time when the maximum rate of extraction of petroleum is reached, after which it is expected to enter terminal decline. Then you're proven wrong, over and over.


Day's like these I'm glad I'll fully invested. I think year to date the S&P 500 must be up over 7%. Pretty good for just 2 months.
 
The Valueline Geometric Index is probably the best index to gauge the overall health of the stock market as it is the largest equally weighted index. It's chart pattern is very similar to the 70s - and enormous inverted head and shoulders/cup and handle continuation pattern; it has now broken out from the trendline/neckline encompassing the 2000/2007 tops - all other indexes did that at least a year ago.

Value-Line-Geometric-Index.png


This likely foretells a continuing strong overall rally for decades. Of course there will be corrections and likely a few real bear markets to come - 20% declines, but they will be in an overall long term uptrend, if history repeats itself.

http://www.marketwatch.com/story/why-the...hart-2016-11-28

http://video.cnbc.com/gallery/?video=3000571511
 
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well a correction is past due, sold my longs a week ago added to shorts and cash...this is creepy.
 
Originally Posted By: Drew99GT
The Valueline Geometric Index is probably the best index to gauge the overall health of the stock market as it is the largest equally weighted index. It's chart pattern is very similar to the 70s - and enormous inverted head and shoulders/cup and handle continuation pattern; it has now broken out from the trendline/neckline encompassing the 2000/2007 tops - all other indexes did that at least a year ago.

Value-Line-Geometric-Index.png


This likely foretells a continuing strong overall rally for decades. Of course there will be corrections and likely a few real bear markets to come - 20% declines, but they will be in an overall long term uptrend, if history repeats itself.

http://www.marketwatch.com/story/why-the...hart-2016-11-28

http://video.cnbc.com/gallery/?video=3000571511


If your into reading tea leaves that 18yr. base has no left shoulder.
 
Originally Posted By: dblshock
Originally Posted By: Drew99GT
The Valueline Geometric Index is probably the best index to gauge the overall health of the stock market as it is the largest equally weighted index. It's chart pattern is very similar to the 70s - and enormous inverted head and shoulders/cup and handle continuation pattern; it has now broken out from the trendline/neckline encompassing the 2000/2007 tops - all other indexes did that at least a year ago.

Value-Line-Geometric-Index.png


This likely foretells a continuing strong overall rally for decades. Of course there will be corrections and likely a few real bear markets to come - 20% declines, but they will be in an overall long term uptrend, if history repeats itself.

http://www.marketwatch.com/story/why-the...hart-2016-11-28

http://video.cnbc.com/gallery/?video=3000571511


If your into reading tea leaves that 18yr. base has no left shoulder.


OK, I'll bite...

What is an 18 yr base?

What is a left shoulder?

Why does it matter?
 
Originally Posted By: dblshock
Originally Posted By: Drew99GT
The Valueline Geometric Index is probably the best index to gauge the overall health of the stock market as it is the largest equally weighted index. It's chart pattern is very similar to the 70s - and enormous inverted head and shoulders/cup and handle continuation pattern; it has now broken out from the trendline/neckline encompassing the 2000/2007 tops - all other indexes did that at least a year ago.

Value-Line-Geometric-Index.png


This likely foretells a continuing strong overall rally for decades. Of course there will be corrections and likely a few real bear markets to come - 20% declines, but they will be in an overall long term uptrend, if history repeats itself.

http://www.marketwatch.com/story/why-the...hart-2016-11-28

http://video.cnbc.com/gallery/?video=3000571511


If your into reading tea leaves that 18yr. base has no left shoulder.


Huh? The 2000 bear market is the left shoulder.
 
Originally Posted By: Astro14
Originally Posted By: dblshock
Originally Posted By: Drew99GT
The Valueline Geometric Index is probably the best index to gauge the overall health of the stock market as it is the largest equally weighted index. It's chart pattern is very similar to the 70s - and enormous inverted head and shoulders/cup and handle continuation pattern; it has now broken out from the trendline/neckline encompassing the 2000/2007 tops - all other indexes did that at least a year ago.

Value-Line-Geometric-Index.png


This likely foretells a continuing strong overall rally for decades. Of course there will be corrections and likely a few real bear markets to come - 20% declines, but they will be in an overall long term uptrend, if history repeats itself.

http://www.marketwatch.com/story/why-the...hart-2016-11-28

http://video.cnbc.com/gallery/?video=3000571511


If your into reading tea leaves that 18yr. base has no left shoulder.


OK, I'll bite...

What is an 18 yr base?

What is a left shoulder?

Why does it matter?


It's a technical analysis formation. Yes, I realize they do not always work. Just found it interesting. The head and shoulders top is something you often hear about in market jargon when a market price chart makes a toping formation; the same pattern inverted can sometimes mark a bottom in a market.

Does it matter if you have a plan and cost average contribute to a savings plan? NO! It's just rare to see ANYTHING bullish presented anywhere with so many doom and gloomer dumb [censored]es still espousing their theories and predictions and always being 100% wrong.
 
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like the nutcase Dr. Doom Marc Faber...you can't take him seriously, he calls a outright crash every day. that said we're due for correction next, probably a shallow 7-8%
 
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Originally Posted By: Warstud
Wow...The market finally sold off.


When did 1.14% constitute a "sell off"?
confused2.gif


Bouncing around the net, I see hysterical headlines screaming "STOCKS CRUSHED" and "STOCKS TUMBLED" etc.
For 1.14%? REALLY?

The media needs to GET A GRIP.
 
Originally Posted By: dblshock
oh this ain't over, bubble boy's in for a nice short haircut.


Kind of like your AVXS trade...

Oh my god, the market is pulling back like it always does and you bears are saying this is a bubble???
crackmeup2.gif
I know when the top is eventually in, you'll say see, I told you so, but you were not able to predict or even follow the trend of the bull market.

That is essentially what perma bears in financial media do like Peter Schiff, Mark Faber etc.

A 10%+ correction, if we get it, will be par for the course.

"According to investment firm Deutsche Bank, the stock market, on average, has a correction every 357 days, or about once a year. Our last correction was nearly 1,000 days ago, the third-longest streak on record. For those curious, we went around 1,800 days without a correction in the mid-1990s. Long story short, corrections are an inevitable part of stock ownership, and there's nothing you can do as an individual investor to stop a correction from occurring."
 
still holding and may even add to AVXS...and in a correction of 250 S&P points the last thing you'll desire is a 325x NFLX...wished this all unwound faster but that's accepted risk.
 
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