How much longer will this bear market go on for?

snarffie

masonic said:

Type_45 said:

I've been through this exact situation several times with crypto. 

Oh my goodness. This explains a lot.

I fully expect a comment in the near future along the lines of “I was only joking of course! 80% crash…come on…do you think I was actually serious….?”

It just has to be a wind up 🤪

adindas

Comparison between the two Extremes

This one

and this one,a multi billionaire Investor Ray Dalio. The secret to my Success

https://www.youtube.com/shorts/xHXZ2lHGJQE

Type_45

adindas said:

Comparison between the two Extremes

This one

and this one,a multi billionaire Investor Ray Dalio. The secret to my Success

https://www.youtube.com/shorts/xHXZ2lHGJQE

Ray Dalio’s Bridgewater just predicted another 20% to 25% drop for the markets — here’s what the asset manager still holds for shockproofing

https://finance.yahoo.com/news/ray-dalio-bridgewater-just-predicted-130000679.html 

adindas

Type_45 said:

adindas said:

Comparison between the two Extremes

This one

and this one,a multi billionaire Investor Ray Dalio. The secret to my Success

https://www.youtube.com/shorts/xHXZ2lHGJQE

Ray Dalio’s Bridgewater just predicted another 20% to 25% drop for the markets — here’s what the asset manager still holds for shockproofing

https://finance.yahoo.com/news/ray-dalio-bridgewater-just-predicted-130000679.html 

Nothing new. Did anyone ever say that the stock market were not going to go lower ??.

As long as the causes of this bear market in the first instance have not gone: e.g inflation is not under control around 2%, the war in Ukraine is still going on which effect the fuel and food supply, the global supply chain problem is still continue, Chips shortage has not been sorted. Expect high volatility to continue for sometimes.

Type_45

I think we may have seen the top of this rally.

Given the Fed has made it clear it won't pivot anytime soon I think we will see a sell-off heading into the autumn/winter which will take us below the June lows. 

InvesterJones

Type_45 said:

I think we may have seen the top of this rally.

Given the Fed has made it clear it won't pivot anytime soon I think we will see a sell-off heading into the autumn/winter which will take us below the June lows. 

Now that is more like it, well done @Type_45 for using much more realistic and considerate language. More like this please!

Type_45

Pope Francis instructs Vatican entities to move all funds to Vatican bank by Sept. 30

https://www.catholicnewsagency.com/news/252093/pope-francis-instructs-vatican-entities-to-move-all-funds-to-vatican-bank-by-sept-30

Bobziz

Type_45 said:

Pope Francis instructs Vatican entities to move all funds to Vatican bank by Sept. 30

https://www.catholicnewsagency.com/news/252093/pope-francis-instructs-vatican-entities-to-move-all-funds-to-vatican-bank-by-sept-30

So he's not seen the golden cross he was hoping for? If TA is good enough for the Pope....

Type_45

I would guess the Vatican is privy to more than TA and that they know what's coming.

Bobziz

Not sure Ray Dalio counts as divine intervention 🤔