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Re: trader guy post# 92118

Sunday, 01/14/2018 7:47:42 AM

Sunday, January 14, 2018 7:47:42 AM

Post# of 188266
Hi trader_guy, when you think the end is near, please let us know. I did not expect the markets to keep climbing between March and August (based on my belief that lack of confidence in our presidents sanity would make people become risk averse). Clearly I was wrong. But in Sept I realized that we were entering what I think is the fabled last phase of an Elliot Wave move which is the final straight up move in the markets.

I consider the bitcoin/blockchain craze a side effect of this move.

But when the time finally comes for this rally to end, $SQQQ, $SDS, and $TVIX are ways to make money in a down market.

They question I have right now is -- other than normal business cycle dynamics, what will cause a recession and the markets to correct ?

Chris

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