miketranz
961 posts
msg #142113
- Ignore miketranz
modified |
2/11/2018 8:09:33 AM
1)Pullback or start of a new bear market? 2)What are you going do in either case? 3)What long or short filters would be applicable in either case?
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pthomas215
1,251 posts
msg #142117
- Ignore pthomas215 |
2/11/2018 11:25:31 AM
Definitely a pullback but we are not done. Not the start of a bear market but we are in for more pain. most likely up Monday and/or Tuesday and then the pain. Going short SSO and Long VXX Monday or Tuesday. Long SQQQ as well on Monday or Tuesday. I dont have any good short filters really...just look at moving averages.
Individual stocks to short are ACOR, AMLP SFUN and DISCK.
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Mactheriverrat
3,153 posts
msg #142118
- Ignore Mactheriverrat |
2/11/2018 1:27:42 PM
IMHO-
I don't think its a bear market or even a start of one . Consolidation pullback yes but this is from weekly new highs after weekly new highs. Yes there is some higher volume but not of a bear market selloff type. Even the markets were flirting with those Guppy Moving average Bubble's. Seems like every time the markets have a correction pullback the same media idiots join the bandwagon talking of how markets today look just like 2007.
The economy is doing rather well I would say because every where I go from Lowe's to Wal Mart there are help wanted signs and that what I see not what the talking media heads try to tell us.
I have my own barometer of what the economy is doing. If you start seeing eating out Restaurants close and you say to your self "I'm surprised they closed" then you know thing are slowing down.
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Mactheriverrat
3,153 posts
msg #142122
- Ignore Mactheriverrat |
2/11/2018 2:39:22 PM
Bear Market
* Market goes to hell in a hand basket Symlist */
Bull market pullback - Wait for some good setups to show up.
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johnpaulca
12,036 posts
msg #142130
- Ignore johnpaulca |
2/11/2018 5:46:46 PM
No one knows until we're well into a bear market. Bear market needs volatility, now do we have that??
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jimvin
173 posts
msg #142144
- Ignore jimvin |
2/11/2018 11:56:25 PM
Don't know what the results will be, but it's a great name for a Symlist...
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Mactheriverrat
3,153 posts
msg #142148
- Ignore Mactheriverrat |
2/12/2018 4:32:49 AM
Roger that Jim !
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