stock market crash

[scooterscot]

The standard weekly comment from Scooter.

Show me last week's or it din't happen.

Waiting...

[TheGreenBastard]

Circled in orange, the Dow Jones index is showing a repeat of the past support becoming resistance prior to the collapse in the market. Coincident I'm sure as the 3-day death cross looms...

The next market move will make it into the history books boys & girls.

Just in case it's not clear to people, the TA argument this post is making is that the chart indicates the market crash in March was going to happen, at that point in time. That is to say, in the absence of covid-19 it would still have happened.

[scooterscot]

Just in case it's not clear to people, the TA argument this post is making is that the chart indicates the market crash in March was going to happen, at that point in time. That is to say, in the absence of covid-19 it would still have happened.

Now you're getting it. The news is poison. Show me the charts and I'll tell you the news.

I'm sure when the next dip occurs folks will attempt to connect it with some present day event whilst ignoring the 10+ year money printing debt fuelled share buyback money spending spree.

[DimPrawn]

Now you're getting it. The news is poison. Show me the charts and I'll tell you the news.

I'm sure when the next dip occurs folks will attempt to connect it with some present day event whilst ignoring the 10+ year money printing debt fuelled share buyback money spending spree.

[TheGreenBastard]

Now you're getting it. The news is poison. Show me the charts and I'll tell you the news.

I'm sure when the next dip occurs folks will attempt to connect it with some present day event whilst ignoring the 10+ year money printing debt fuelled share buyback money spending spree.

Impressively and demonstrably stupid.

Mixing fundamentals (10+ year money printing etc.) and technicals again, completely contradicting your charts

One day the penny will drop, you can't have it both ways; the charts can't be the source of truth AND fundamentals like money printing having actual effect.

[Old Greg]

Impressively and demonstrably stupid.

Mixing fundamentals (10+ year money printing etc.) and technicals again, completely contradicting your charts

One day the satoshi will drop, you can't have it both ways; the charts can't be the source of truth AND fundamentals like money printing having actual effect.

FTFY

[scooterscot]

Impressively and demonstrably stupid.

Mixing fundamentals (10+ year money printing etc.) and technicals again, completely contradicting your charts

One day the penny will drop, you can't have it both ways; the charts can't be the source of truth AND fundamentals like money printing having actual effect.

The FED / BOE believes this is exactly how the serfs think. You're proving it. Walking into their carefully crafted trap. Lead the way...

[Old Greg]

The FED / BOE believes this is exactly how the serfs think. You're proving it. Walking into their carefully crafted trap. Lead the way...

Why not just say "sheeple" and be done with it.

[TheGreenBastard]

The FED / BOE believes this is exactly how the serfs think. You're proving it. Walking into their carefully crafted trap. Lead the way...

What I've said is a truism and an observation of what you've posted.

1) You've claimed there will be a crash because of a fundamental (the fed / govs printing money for 10 years)
2) You also claim the charts predict future events (e.g. point 1 a fundamental should have no bearing, just like the market didn't crash in March due to covid-19)

The dualism can't exist as they're contradictory. Hopefully the simple bullet point explanation is simple enough for you to understand.

[scooterscot]

What I've said is a truism and an observation of what you've posted.

1) You've claimed there will be a crash because of a fundamental (the fed / govs printing money for 10 years)
2) You also claim the charts predict future events (e.g. point 1 a fundamental should have no bearing, just like the market didn't crash in March due to covid-19)

The dualism can't exist as they're contradictory. Hopefully the simple bullet point explanation is simple enough for you to understand.

2) is wrong. I claim nothing, the charts tell us what is probable. Not what is possible. Anything is possible. Claims I leave to media.