Equities on verge of very violent crash?

[michael_selway]

Well maybe not crash, but big falls soon like from next week onwards?

Reason is its has gone up too much in too little time (since March 6th)?

Also its has gone up IMO with not much "real" good news relative to bad news?

Also look at the Gold Price, it has still remained high?



Agree or Disgree?

Thx

MS

 

[wavepicker]

Re: Equities On Verge Of Very Violent Crash

Would have to disagree. If anything Equities are in the early stages of the biggest rally since the bear campaign started. The market has already crashed That is not to say that is the end of the bear market though.

We might have to wait another 12 months before the next crash starts!!
So far we have had a good run off the lows, and a pullback is overdue, perhaps a good opportunity to position for the next leg up.

As for Gold, it only correlates sometimes. What happened during the bull run of 2003-2207, equities and precious metals went up together?

Cheers

Wavepicker

 

[waz]

I have to agree with you, although it wont be a violent crash.

I think its kinda funny that this current bull pattern was all started by the Citigroup CEO saying that they had a good Jan/Feb. For all we know they made a profit of $1 in those two months.

 

[nizar]

LOL isnt 50%+ loss in 12 months very violent enough for you?

 

[prana]

You are right, .... the dollar ! Nominally - the Dow may be alright. Disclaimer: ignore this crazy absurd post

 

[dmagnus]

I think we will hit 3500 then go for a steady retracement.

Definitely up today anyways.

spread more negatively hey, cause I havent bought enough at the lows

 

[nizar]

Maybe the peak of this rally will happen in the few minutes after the open and then a steady sell-off until the close?

Just my

 

[nomore4s]

Also its has gone up IMO with not much "real" good news relative to bad news?

Also look at the Gold Price, it has still remained high?

Since when did the markets go in the same direction as the news? Most of this bad news is old news now - we have known about AIG, GMH & the banks probelms for a while now.

Gold looks like a double top on your chart? I actually think we will see a retrace in gold over the next few weeks - maybe

I think its kinda funny that this current bull pattern was all started by the Citigroup CEO saying that they had a good Jan/Feb. For all we know they made a profit of $1 in those two months.

Strength had been building in the market well before then imo.

Maybe the peak of this rally will happen in the few minutes after the open and then a steady sell-off until the close?

Just my

Very possible Nizar. But if we can close above resistance @ 3520 the rally could have more legs though.

 

[jonnycage]

i reckon we have experienced the violent crash, not up for another thanks!
if anything i think the stepping stones of the recovery are building, slowly

Jc

 

[Uncle Festivus]

This rally is purely technical, and shows the same symptoms of the previous 'bull' market, all based on missdirected excess liquidity. Panic buying from oversold and short covering. None of the fundamentals have changed for the better, despite the rhetoric from the usual crowd.

If inviting private investors to take the toxic 'assets' off the banks books (and payed for with freshly printed money), and all will be rosy again, then some people are in for a rude shock. It's only making things far worse.

I can hear the giant fiscal vacuum cleaner luring the last lemmings into the dark & mysterious risk cavern again, to be fleeced of their remaining cash - a typical bear market rally. What to short again.....?

 

[MrBurns]

I reckon when the all ords drops below 300 points Rudd will bail it out.

 

[MrBurns]

I can hear the giant fiscal vacuum cleaner luring the last lemmings into the dark & mysterious risk cavern again, to be fleeced of their remaining cash - a typical bear market rally. What to short again.....?

Thats whats holding this whole thing up. too many people have too much cash as soon as that's been wiped off the screen it wil be time for the real bargains to emerge.

 

[sammy84]

Thats whats holding this whole thing up. too many people have too much cash as soon as that's been wiped off the screen it wil be time for the real bargains to emerge.

Citigroup wasn't bad value at $1.....200% gains sound nice to me

 

[prana]

You are right, .... the dollar ! Nominally - the Dow may be alright. Disclaimer: ignore this crazy absurd post

OoooopS

Ummmm errrrr well I think, maybe, that can't be good

 

[refined silver]

Gold looks like its forming a reverse H&S IMO.

Dow/XAO - who knows? Yet to break out of down trend, yet each week brings another trillion or so being thrown at the market. Don't forget the best performing stock mkt last year in nominal terms was Zimbabwe! If the uptick rule is reinstated and rules against NAKED shorting enforced, which are both being talked about more and more by the SEC, there could be a decent rally, before the downleg resumes.

(By Naked shorting, I mean illegal shorting where the shorts do not borrow the shares, but effectively can increase the mkt cap of the company indefinitely until it crashes. Last year "fails to deliver" were 57 times higher than the previous year!!)

Check out:
http://www.bloomberg.com/apps/news?pid=20601109&sid=aB1jlqmFOTCA&refer=home

and

http://failurestodeliver.com

just type in your US stock. (I think it does some CDN too)

 

[metric]

Thats whats holding this whole thing up. too many people have too much cash as soon as that's been wiped off the screen it wil be time for the real bargains to emerge.

"simpson eh....? yes, yes, yes... i have to agree."

 

[Julia]

I reckon when the all ords drops below 300 points Rudd will bail it out.

With more borrowed funds, presumably.

 

[MrBurns]

With more borrowed funds, presumably.

Naaa I think we'll just print this lot......it's interesting times, there is no way this will save the day, soon it must all come home to roost and it will be awful.

The whole system is so fragile now it's an inevitability.

 

[michael_selway]

I think we will hit 3500 then go for a steady retracement.

Definitely up today anyways.

spread more negatively hey, cause I havent bought enough at the lows

Hehe so next time if we do hit a new low, will you buy some?

thx

MS

 

[Aussiejeff]

Naaa I think we'll just print this lot......it's interesting times, there is no way this will save the day, soon it must all come home to roost and it will be awful.

The whole system is so fragile now it's an inevitability.

*cluck, cluck....****-A-Doodle-Dooo!*