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Created on: 10/10/2018 6:10:15 PM   Last Update: 10/10/2018 7:10:39 PM Posted by: RTT
WARNING: This entry is 1510 days old. It may contain broken links, out-dated or misleading content. Please read on with caution.

1 POST SP500 sell off well forecast by President Trump
sp500-sell-off-well-forecast-by-president-trumpTRUMP said 'we may have to take a hit!. No kidding, with stocks at extreme all time highs, add on the trade wars and you are surely to upset the worlds demand engine (i.e China). Of course you can not change anything with out breaking a few conventions, therefore investors can not be blind to changes in asset prices as president Trump made his intentions very clear.

An investor must understand how the markets work, we know algo's work the intra-day market to the upside and after the SP500 95 pt sell off today it looks like they work to the down side. Plus Mr Market wants to find out the level of Powell 'fed put' is. Is it like Mrs Yellen at -10% ? Or is much lower. The things we are about to learn!

Maybe the SP500 sell off is the Democrats move against the US president, as he has owned the 2018 rally? If it is President Trump warned all investors on June 4th 2018

.."I’m not saying there won’t be a little pain so we might lose a little of it but we’re going to have a much stronger country when we’re finished, and that’s what I’m all about."..



Knock on effects of a SP500 sell off greater than -12% are: 

1) Pensions risk.
2) The debt on share buy backs risk.
3) US Govt tax receipts via capital gains risk.
4) Allows a transfer of funds from stocks to bonds.
5) Will quantitative tightening turn into quantitative easing?

Now for those over 40 years of age, (like the author), you know this market is just 'Nuts' and exponential upwards markets always (not some, but all) end the same way.






Like the soldiers at Bastogne during WW2 the only way Mr Market can be rescued is by General 'Fed' Powell's QE4 (a maybe). 

A reminder, remember Bitcoins exponential rally: $5000, $10,000, $15,000 on its way to $100,000. It too succumbed to market laws and a +50% correction followed. Folks this is normal. Individual stocks may retrace +50%, but do not worry the central planners will do all they can to slow down and limit leading indexes corrections. 

Below we have Apple, Amazon and Bitcoin with Gann Angles applied. Gann angles show time and price performance: how many units of price and time represent trend action. Then you add Fibonacci arcs to measure future resistance levels, nice, know you have an excellent 'tell me no lies' indicator.

A good market bet: Eventually Amazon and Apple will succumb to market laws and correct substantially. Is it today, who knows, we wait for more evidence to arrive on the chart to decide that!


AMZN


and ...

AAPL



and ...


BTC





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NOTE: Posts here are the lite version, more depth on each subject can be found via our RTT Plus membership.

Changes in the world is the source of all market moves, to catch and ride the change we believe a combination of Gann Angles, Cycles, Wyckoff and Ney logic is the best way to ride the change, after all these methods have been used successfully for 70+ years. This post is a delayed and small sample of what is avaliable to members. Sign up to enjoy the full service.


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Investing Quote...

.."[Point and] figure charts are more valuable than vertical [bar] charts"..

Richard D Wyckoff


..“One must search through a maze of complex and contradictory details to get to the significant facts … Then he must be able to operate coldly, clearly, and skilfully on the basis of those facts.” The challenge for the successful speculator is “how to disentangle the cold hard facts from the rather warm feelings of the people dealing with the facts.” Moreover, “if you get all the facts, your judgment can be right; if you don’t get all the facts, it can’t be right”...

Bernard Baruch


.."It Ain’t What You Don’t Know That Gets You Into Trouble. It’s What You Know for Sure That Just Ain’t So"..


Mark Twain

.."October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February."..

Mark Twain


..."I always believe that prices move first and fundamentals come second"..

Paul Tudor Jones




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