POP
Robinhood Traders Will pbly Hate Me for This.. Or Thank Me LaterWe all make mistakes, and we can either think it's unfair or we just grow up a better person... In this case apply it to investing.. Wouldn't you like to learn something ?
I'm pretty rude in this one on purpose. But anyway my point here is that you need to understand that in a bubble... the last one standings are the one to pay the hard price or reality.
Just make sure you're not among them... What happened within the bubble is not the point. I really hope you made money and that you'll be smart enough to don't try getting more at the risk of losing it all..
They have money to burn - you do NOT!FED-backed pumping or rather re-pumping of the popped bubble, has taken the DJI to unexpected levels. I think they're making the same mistake all over again.
Have a look. No predictions. I don't do predictions. Tough.
Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
DJI (WALL STREET) - IN FREE FALLIn this screencast I show that based on the technical picture and using some fundamental concepts, that heavy down side is likely in the next 3 to 6 months. The degree of momentum south is so heavy that I can expect it to move further south on this time frame.
Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied. If you make decisions based on opinion expressed here and you lose your money, kindly sue yourself.
POP!! POP! POP! 😂Oh well - only about 5000 points of a massive drop in just over 1 week. People are asking, " Has the bubble popped? ".
I go into this in some detail. I think we're at the start of the POP.
This thing is serious though.
I'd like to hear from others if they think this is going back up and to the moon.
AND WHEN MARKETS PANIC AFTER GOING WILD!The DJI was dented significantly over night by three main events:
1. Trouble in Iran.
2. China - withdrawing some companies from the LSE
3. North Korea - powering up to cause America a headache.
There was panic selling in the middle of the night which started with the news on Iran.
Important trend lines up to 2 hourly were penetrated.
Could this be the pinprick that pops the bubble? We'll only discover - after the pop! LOL
