Great Bear of 22/23 Ain't Over: Fat Lady Didn't Sing Yet
Updated
Real simple idea. All the Happy enthusiastic FOMO and BTFD tech stonks still trading at 700x PE. All Happy BS.
You BTFD here you gonna get a nasty surprise, surprise, surprise. This monthly view shows where RSI goes in a real Bear.
NB: U R HERE... U R NEXT! This won't happen overnight, it will be a painfull grind with some terrific knifedowns.
Real Bears last for >500 days. Y2K Dot-Com was >900 days. Great Finance Crisis was 17 months, >500 days. Now at day 400.
BIggest Bear in history to follow longest Bull run ever. Stonks went up for 12 years with a few correections.
Big reset is overdue, 2/3 of the reset comes in last 1/3 of the Bear. Final move coming soon if so.
Get ready to get skeered. Worst still yet to come imo. We neeed VIX >40 and capitulation, panic selling to call bottom.
Long TL points at 3200. We will see. Next 90 days gonna be an amazing ride if this idea is on target. GLTA
You BTFD here you gonna get a nasty surprise, surprise, surprise. This monthly view shows where RSI goes in a real Bear.
NB: U R HERE... U R NEXT! This won't happen overnight, it will be a painfull grind with some terrific knifedowns.
Real Bears last for >500 days. Y2K Dot-Com was >900 days. Great Finance Crisis was 17 months, >500 days. Now at day 400.
BIggest Bear in history to follow longest Bull run ever. Stonks went up for 12 years with a few correections.
Big reset is overdue, 2/3 of the reset comes in last 1/3 of the Bear. Final move coming soon if so.
Get ready to get skeered. Worst still yet to come imo. We neeed VIX >40 and capitulation, panic selling to call bottom.
Long TL points at 3200. We will see. Next 90 days gonna be an amazing ride if this idea is on target. GLTA
Trade active
Green > Red. Get ready. Dumpfest comingNote
So many bulls out there calling for run to the ATH. Hmmm... let's see:Needed poots on Weds
Needed poots on Thurs
Probly need moar poots Fri
Don't we usually need calls in a bull market?!
Seems like we goin the other way folks.
Put/Call ratio flipped from 1.2 > 0.8 on Tuesday, everyone dumped poots for cawls, a sure sign of a top.
Note
Poised on the cusp. Fail to bounce >> Recked.
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