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S&P 500
5,214.08
(
0.51%
)
US TECH 100
17,660.00
(
0.33%
)
Dow Jones
39,387.76
(
0.85%
)
Brent Oil
84.07
(
0.14%
)
Bitcoin
62,905.91
(
-0.23%
)
Post# of 47295
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trader guy

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trader guy

Re: Nebuchadnezzar post# 44850

Tuesday, 09/22/2015 6:34:39 PM

Tuesday, September 22, 2015 6:34:39 PM

Post# of 47295
Ditto on everything you said...looks bubbly beyond what's imaginable to me.
http://stockcharts.com/h-sc/ui?s=%24SPX&p=W&st=1925-10-05&en=today&id=p50438553250

And I still say oil gets to $20 or lower.
http://stockcharts.com/h-sc/ui?s=%24WTIC&p=W&st=1982-10-05&en=today&id=p67477436382

It's not that nobody thinks a crash isn't coming. It's just that too many (most?) are playing a game of chicken and trying to predict the most ideal time it to get out. On that basis, this could go on for a while and when she finally gives way, she'll take no prisoners. Everyone dies, so to speak.

Trading/investing without chart analysis is like bringing a knife to a gunfight.

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