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livinginthelimelight

02/22/16 7:01 AM

#186236 RE: thunderbird2004 #186223

Based upon the way the market is behaving, I believe at some point in the next month or so we will have days, possibly weeks of panic selling... The set up looks like both 2000 and 2008. I personally think this time will be worse. After this next move higher which is starting now and should continue through March, I think we take out the lows of this year last year and everything since 2009.I don't know where the bottom is. I just look to get positioned in the trend. Yes, sometimes I am early and I suffer for a short time, but I would rather be early than late. By the fall of 2016, the world will be a much different place financially. I am long for now in general and trading around that position intraday.