FTSE is looking very gnarly I must say - but the B word may have a bit to do with that. I'm watching DJIA and SP500 for the big one.
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stock market crash
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"Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon Musk -
Originally posted by DimPrawn View PostGoing back a couple of years on that scale you see that formation many many times, it don't mean tulip.
"That's the spirt George, if nothing else works, a total pig-headed unwillingness to look facts in the face will see us through."
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostFor reference but mostly... Buckle your seatbelt Dorothy, 'cause Kansas is going bye-bye'
Classic Head and Shoulders pattern forming, you really don't want to be in the market when that right dip is confirmed with a fall below 7000.
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My belief is banks react to markets rather than pull strings."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostMy belief is banks react to markets rather than pull strings.
Here's the crash!
https://www.telegraph.co.uk/finance/...ord-debts.html
Oh not it's not.
Here comes the crash of 2017!
https://www.theguardian.com/money/bl...for-crash-2017
Oh no it didn't
Watch out, it's going to crash in 2016! Sell! Sell! Sell!
https://www.theguardian.com/business...rbs-economists
Oh no it didn't. Never mind.
10 warning signs, it's going to crash in 2015!
https://www.telegraph.co.uk/finance/...h-in-2015.html
Nope.
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Originally posted by scooterscot View PostFor reference but mostly... Buckle your seatbelt Dorothy, 'cause Kansas is going bye-bye'
Classic Head and Shoulders pattern forming, you really don't want to be in the market when that right dip is confirmed with a fall below 7000.
Mmmm. Interesting.
What happens in General, stays in General.You know what they say about assumptions!Comment
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Originally posted by DimPrawn View PostThere's a difference between a crash and a pullback.
Here's the crash!
https://www.telegraph.co.uk/finance/...ord-debts.html
Oh not it's not.
Here comes the crash of 2017!
https://www.theguardian.com/money/bl...for-crash-2017
Oh no it didn't
Watch out, it's going to crash in 2016! Sell! Sell! Sell!
https://www.theguardian.com/business...rbs-economists
Oh no it didn't. Never mind.
10 warning signs, it's going to crash in 2015!
https://www.telegraph.co.uk/finance/...h-in-2015.html
Nope.
The market is yet to react to the credit crisis of 2007. The free money pumped into the system since then only kept things on 'hold' so to speak, according to my source.
This is more than a pullback. Yes the market is overbought, everyone knows that. That's when pullbacks occur. What I'm talking about is something else altogether."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostThe market is yet to react to the credit crisis of 2007. The free money pumped into the system since then only kept things on 'hold' so to speak, according to my source.
This is more than a pullback. Yes the market is overbought, everyone knows that. That's when pullbacks occur. What I'm talking about is something else altogether.
Predicting things is hard, especially when they haven't happened yet.Comment
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Originally posted by MarillionFan View PostMmmm. Interesting.
Where's the end of me knob?Comment
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