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Re: JJ8 post# 39451

Friday, 08/21/2015 8:46:59 PM

Friday, August 21, 2015 8:46:59 PM

Post# of 63744
JJ, I think this is the Bear Market. Just the beginning. Bear Markets last what, 18-24 months or so? Am open to a strong rebound, yet still think strength to come in Market should be sold into. The Market is rolling over here. Thursday and Friday was the wake-up call for 'everyone.' Market internals have been crap for a while with most stocks down and mainly the biggies propping the Market. If Market holds Mon & Tues more down big to come short term. And probably next week too. If Market holds and then heads up, definitely sell into the 'strength' is my call. If Market heads down some more, yet not too much, then a nice momentum move back up to the 50 day moving average would seem likely and would be something to take advantage of to... get out.

I suppose a QE4 would change the outlook.

Or if a coordinated World Peace was declared.

All doable.

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