ATTENTION BULLS:
You’re fucked for at least 4 years, as per Carter Braxton Worth, fresh from the Nantucket shores.
Stocks made an epic comeback today, but Chart Master Carter Worth says the worst could be ahead. pic.twitter.com/XBkKt3v95v
— CNBC's Fast Money (@CNBCFastMoney) December 27, 2018
What are we to surmise from all of this? Well, rooted deep in logic and data, the median downturn of markets that declined 20% is 28%. This means, in no way shape of form is this sell off over. Moreover, it means DRIP shall rise again and drop you to your knees, crushing your hopes and dreams — shattering them against the cold, hard, rocks of evil vengeance.
All that aside, I hope you do well tomorrow, LOSING MONEY TO ME.
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I surmise CNBC is laying out a narrative to keep eyeballs WATCHING.
He’s such a handsome guru and I love that!!
“Hey Carter, you ever sucked a guys dick before?”
“Yeah?”
“You should be on TV you chart guru dick sucking motherfucker”
It’s not clear why you chose the handle ‘heckler’
they so-wanted 3 green indexes. Naz was drifting red Twice in the final 120sec
(i said many times the manipulation was often antic minded.
vindictive. very vindictive.
trick and antic?
this time?
probably)
WTF, Fly? “BULLSIH AF” or “DRIP shall rise again”?
F*ck this rally, even as I profit from it. We head towards the FAGbox, but never make it.
I peeled off some longs today, and will read the action tomorrow.
Predictions:
1a) crash resumes
1b) Rally hard Friday morning
2b) Rally fades during the day
3b) Rally reverses hard late Friday (dives) or
3c) Rally meanders late Friday and dives on Monday
Now, if we end Friday with a strong late surge (3d), then that will be a sign of bullish strength that I’ll have to respect.
AAPL $160 is the line.
I’m fading Winthorp, this time. Full on Billy Ray Valentine, Capricorn.
You said yourself that was bullish as fuck. The selloff will have to wait until next week
That cocksucker is known as “Carter Worthless” for a reason around certain trading circles.
There is no way in the world I would bet against CBW. Not in a bazillion years. The guy looks like he is fresh off a neighborhood badminton championship for fuck sake. Got to go with the momo here
The true Senior.
Longs… heads up … deck is ripe for the next 4 trading sessions:
https://www.hussmanfunds.com/comment/observations/obs181226/
Hussman’s data mining would have been very impressive had it been released BEFORE 12/26.
Probably written 12/25, I received an alert at 9:00 AM 12/26
Oh.
While I don’t base my trading decisions on charts, Carter Worth is about as good a chartist as they come…
time to pay the piper,……..
“While we don’t presently observe conditions to indicate a “buying opportunity” or a “bottom” from a full-cycle standpoint, we do observe conditions that are permissive of a scorching market rebound, even if it only turns out to be the “fast, furious, prone to failure” variety. I say “permissive” because there is no certainty about a rebound, and we wouldn’t dream of removing our safety nets against a market decline that I continue to expect to draw the S&P 500 toward the 1000 level by the completion of this cycle.
Given the obscene valuations that the market reached at its highs, we would view a market decline to 1192 on the S&P 500 (about 60% below the recent September peak) to be a fairly run-of-the-mill cycle completion, while a decline to 1398 would take valuations back to the level seen in 2002 (which was the highest level of valuation previously observed at any cyclical market low).
https://www.hussmanfunds.com/comment/observations/obs181226/
While the article was a nice reasd (thanks for the link), his bar charts leave a lot to be desired: nanrow dark red abrs virtually overalpping narrow dark green ones is a terrible scheme. Should have used white bars with a red outline for the down cycles