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Re: XJO--What if the majority are wrong?--Maybe this isnt the top!

That's exactly what I mean. Didn't you hear? ABC correction then on to new highs!

It mainly seems to be the fundies that are buying the dips-probably not the evidence you are looking for in this thread, but they seem to believe it pretty strongly, to put more money in. If you are referring to EW, then no, I've not seen any analysis confirming this either.

I was only starting to air some moderately bearish views on the market the day before the big drop the end of last month, so I don't think I'm the sort of trader to be making calls months, or years in advance

As a general guess-
No new highs this month.
After that it doesn't really bother me, as I'm strictly intraday these days

I'm not really interested in making long term predictions at the moment- I just don't see the point(and it would be nothing more than a guess!)

<blockquote data-quote="professor_frink" data-source="post: 135055" data-attributes="member: 3015">Re: XJO--What if the majority are wrong?--Maybe this isnt the top!That&#039;s exactly what I mean. Didn&#039;t you hear? ABC correction then on to new highs!It mainly seems to be the fundies that are buying the dips-probably not the evidence you are looking for in this thread, but they seem to believe it pretty strongly, to put more money in. If you are referring to EW, then no, I&#039;ve not seen any analysis confirming this either.I was only starting to air some moderately bearish views on the market the day before the big drop the end of last month, so I don&#039;t think I&#039;m the sort of trader to be making calls months, or years in advance <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile&nbsp; &nbsp; :)" loading="lazy" data-shortname=":)" /> As a general guess-No new highs this month.After that it doesn&#039;t really bother me, as I&#039;m strictly intraday these days <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile&nbsp; &nbsp; :)" loading="lazy" data-shortname=":)" />I&#039;m not really interested in making long term predictions at the moment- I just don&#039;t see the point(and it would be nothing more than a guess!)</blockquote>

[QUOTE="professor_frink, post: 135055, member: 3015"] [b]Re: XJO--What if the majority are wrong?--Maybe this isnt the top![/b] That's exactly what I mean. Didn't you hear? ABC correction then on to new highs! It mainly seems to be the fundies that are buying the dips-probably not the evidence you are looking for in this thread, but they seem to believe it pretty strongly, to put more money in. If you are referring to EW, then no, I've not seen any analysis confirming this either. I was only starting to air some moderately bearish views on the market the day before the big drop the end of last month, so I don't think I'm the sort of trader to be making calls months, or years in advance :) As a general guess- No new highs this month. After that it doesn't really bother me, as I'm strictly intraday these days :) I'm not really interested in making long term predictions at the moment- I just don't see the point(and it would be nothing more than a guess!) [/QUOTE]

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