THE INVINCE A BULL
There is NO confirmed top.
There is NO reversal pattern….not even a hint of one !
EVERYBODY and his ASS wants to short the TOP TICK
BUT….
There AIN’T NO TOP TICK !
EVERYBODY who has tried to short this for going on 10 years has lost money !
They are like Salmon swimming upstream to have sex just once and then they die.
Denial. That’s what this forum is about. Denial about what’s going up, and what’s going down.
That’s offensive Vajra. This place is about debate with sound TA backing . Each of us is free to choose positions based on honest 2 way analysis.
That’s what its about.
Look, it’s like this. Unless our monetary system collapses, assets (ALL assets) will go up forever. There will be pullbacks – some large. But the line will continue to go from bottom left to top right. It’s simply another way of saying the price of ‘things’ will keep going up. Inflation, pure and simple.
No water where I live so I have NOT shorted or hedged stocks once in the last 10 years, just added to my portfolio position at decent ICL’s.
Far too early for a mid cycle slow down, that will not happen until late 2019 – early 2020
The credit cycle simply churns on…
The second half will be mind blowing!