The Russell 2000 Index is Carshing!!! | |
Anonymous Coward User ID: 76764238 United States 10/02/2018 03:43 PM Report Abusive Post Report Copyright Violation | |
Festus Hoggbottom
User ID: 72217239 United States 10/02/2018 04:26 PM Report Abusive Post Report Copyright Violation | Get the standard Market Cycle graphic and overlay it on top of the Russell 2000 chart with monthly candles. It's a perfect match and it may have just begun to blow off. I saw this signal a month or two ago. It's going to be a long way down. Last Edited by Festus J. Hoggbottom, III on 10/02/2018 04:26 PM I did it. I did it on purpose. And I'll do it again. |
Prophet_Margin
User ID: 76822094 United States 10/02/2018 04:43 PM Report Abusive Post Report Copyright Violation | |
DuckNCover
(OP) User ID: 76937119 United States 10/02/2018 04:50 PM Report Abusive Post Report Copyright Violation | Get the standard Market Cycle graphic and overlay it on top of the Russell 2000 chart with monthly candles. It's a perfect match and it may have just begun to blow off. Quoting: Festus Hoggbottom I saw this signal a month or two ago. It's going to be a long way down. Looking at the "falling three method" of Candlestick patterns, it appears that we may be at a crest. [link to www.investing.com (secure)] Yet when you look at the monthly candlestick pattern (select 1W on chart), it is always increasing... [link to www.investing.com (secure)] We may be at a similar period in time as in 1/28/18 - 4/2/18, where this would be a buying opportunity... Notice the strong monthly buys in the Investing website... Last Edited by DuckNCover on 10/02/2018 04:54 PM |
DuckNCover
(OP) User ID: 76937119 United States 10/02/2018 04:55 PM Report Abusive Post Report Copyright Violation | |
NikM755
User ID: 76431345 United States 10/02/2018 05:20 PM Report Abusive Post Report Copyright Violation | We all know that the Russell 2000 Index is falling. Quoting: DuckNCover But do we know why??? Some say it's the price of oil rising. That it is inversely proportional, since the price of transporting goods increases. Therefore, things will cost more and smaller businesses will feel the pinch... My question to all you savvy investors is that have you ever seen the Russell 2000 Index fall below the Russell 1000 Index??? It's getting real close... [link to www.marketwatch.com (secure)] 60% of the Russell 2000 index has junk rated bonds. Rising interest rates mean they will have to refinance their debt at higher cost. Most are insolvent and will be further insolvent with rising rates. The entire index is a massive bubble. It's still at record highs. Buy the junk bonds instead of the stocks. Shareholders are the bag holders. |
NikM755
User ID: 71632887 United States 10/02/2018 08:41 PM Report Abusive Post Report Copyright Violation | We all know that the Russell 2000 Index is falling. Quoting: DuckNCover But do we know why??? Some say it's the price of oil rising. That it is inversely proportional, since the price of transporting goods increases. Therefore, things will cost more and smaller businesses will feel the pinch... My question to all you savvy investors is that have you ever seen the Russell 2000 Index fall below the Russell 1000 Index??? It's getting real close... [link to www.marketwatch.com (secure)] 60% of the Russell 2000 index has junk rated bonds. Rising interest rates mean they will have to refinance their debt at higher cost. Most are insolvent and will be further insolvent with rising rates. The entire index is a massive bubble. It's still at record highs. Buy the junk bonds instead of the stocks. Shareholders are the bag holders. |