How much longer will this bear market go on for?

Stargunner

Type_45 said:

"June was the low".

How could June of been the low, as the market hadn’t gone down 80% by then, like you previously said it would this year.

Type_45

adindas said:

... the basic rule of investing/trading   "Never Lose Money". 

Thanks for the tip!

InvesterJones

Type_45 said:

"June was the low".

Are you quoting yourself so we have a reference?

Type_45

The stock market is having the time of its life in the Ballroom of the Titanic.  

renegade1

Type_45 said:

The stock market is having the time of its life in the Ballroom of the Titanic.  

No icebergs at this time of year.

Type_45

renegade1 said:

Type_45 said:

The stock market is having the time of its life in the Ballroom of the Titanic.  

No icebergs at this time of year.

That's probably what they said on the Titanic.

GazzaBloom

CNBS' Jim Cramer says the June low was the bottom, if the barely comprehensible ex Wall Street trader has uttered these words in his trademark “sounds like he's on coke” lilting tone then it must be true. 

The bottom's in, have at it lads.

https://www.cnbc.com/2022/08/24/jim-cramer-expects-the-june-market-lows-to-hold-and-mark-the-bottom.html

The only problem now is how do we deal with the cognitive dissonance created by @Type_45s doom laden 80% crash vs Jim Cramer's "bottom is in"

I think I know the answer...

GazzaBloom

Type_45 said:

renegade1 said:

Type_45 said:

The stock market is having the time of its life in the Ballroom of the Titanic.  

No icebergs at this time of year.

That's probably what they said on the Titanic.

There are icebergs all year round, somewhere on the planet (until climate change eradicates them all), they can sometimes pop up out of nowhere.

The trick is to either play it safe and not sail at all or have a well built ship and level of resolve sturdy enough that will withstand the worst effects of whatever icebergs come along preventing any inflicted damage being able to knock you off course.

Sea_Shell

GazzaBloom said:

Type_45 said:

renegade1 said:

Type_45 said:

The stock market is having the time of its life in the Ballroom of the Titanic.  

No icebergs at this time of year.

That's probably what they said on the Titanic.

There are icebergs all year round, somewhere on the planet (until climate change eradicates them all), they can sometimes pop up out of nowhere.

The trick is to either play it safe and not sail at all or have a well built ship and level of resolve sturdy enough that will withstand the worst effects of whatever icebergs come along preventing any inflicted damage being able to knock you off course.

Staying with that analogy....wouldn't the Titanic have been OK if they had hit the iceberg head on?!    Wasn't it the trying to swerve round it that did too much damage, over too many compartments of the ship.

Maybe that's what we need to take from that.     Hit any "icebergs" head on!!!!!

Type_45

First green day in a while and everyone's got their pom poms out.