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Alias Born 01/26/2012

Re: None

Friday, 12/15/2017 4:24:05 PM

Friday, December 15, 2017 4:24:05 PM

Post# of 37911
Have seen this all too many times, when the correction comes it will be fast and furious, without all the cars racing around!

Bottom line: A blow off top is hard to predict when to short, but always it makes some kind of double top. So wait for first 2 to 3% correction, then a rally back to the previous high in one or more of the averages, then short heavily.

BTW, tick and trin say higher next week, into tax bill be approved at some point. My gut is short that news.

Last, IMHO the tax bill will destroy the economy within a year or so, but again, a blow off top has no limits how crazy it can get. Buy bitcoins with your credit card (max them all out) and refinance your house and use all the money to buy bitcoins, like so many others are.

Then you will have no worries when it crashes, as your cardboard box home will always be there under the freeway overpass!

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