Bis repetita:
As for all bear markets, slow decline interspersed with crashes and recoveries.
Day trading very dangerous unless you have an idea what to do.
This kind of beating keeps on giving until the morale improves (and bear market reverses to flat, then bull market).
Everybody's going to doubt again, make mistakes, etc.
You know the drill, hopefully,...
We were so wrong last time believing we would slowly recover.
Indeed if you remove the spike from march 3rd then you realize it was still slow decay and bleeding.
Further this logic the bleeding can only accelerate and lead to blood in the streets.
Here's a possible interpretation thereof.
Of course there's the usual disclaimer: I ain't no trader....
Quite surprised by our first mid-term prediction accuracy (we thought we might ridicule ourselves with this but hey, that was not so bad for a first time) we figured out there might be two possibilities for the market right now:
1- LONG: either we touched the bottom and we will raise slowly from now on.
2- SHORT: or we have one last drop down before seeing the...
Fix for previous guess. For those who wonder I base this on previous crashes similarities. This is purely out of the blue and keeping in mind some basic momentum conservation principles. Also, you will excuse my drawing as this is not really easy to express oneself with one's mouse...
Lousy drawing for lousy ideas
The idea is that we're finishing the penultimate...
Lousy drawing for lousy ideas
The idea is that we're finishing the penultimate decreasing wave of this bear market before attacking the last one that should pave the way for next (very) bull market.
Orders of magnitude straight out of my thoughts without anything really serious to back them up besides these lousy indicators that prove to be right after they've...
