Bigsky Investments®
  • Home
  • Equity Research
  • Blog
  • On Watch
  • Market Data
    • Portfolio
  • 🌲

Bear Till I Die

7/30/2015

1 Comment

 
Just like with YELP, Just like with Oil, Just like with GTAT, KNDI, & PLUG I know I am right. This market is in the process of topping out and god dammit I'm going to be there to catch the drop. This 7 year Ponzi scheme is coming to an end and while most people are losing their ass in panic, I'll be profiting immensely from the collapse.
Here are the charts to Prove it.
Picture
Like markers on the highway this roadmap is working like a goddamn GPS.
Picture
The WLSH:USD Correlation has topped near every major market peak and this time will be no different.
Picture
Picture
The Russell is also flashing a sell signal
Picture
Dow Theory Top
Picture
Speaking off the Dow. It is under it's 200DMA
Picture
That's alot of X&Os it's got to work through if it wants to rise.
Picture
Say you are one of those "The Dow doesn't matter' guys. Well it's harder to ignore the NYSE housing some 2800 stocks also stuck below it's 200DMA
Picture
Picture
The Breakdown of Participation is Frightening. Only 41% of stocks in the NYSE are even above their 200dma.
Citadel can run their ramp algos to try to lift it on low volume all they want, at the end of the day: Nature Always Wins. This Bull Market is long in the tooth & it's going down soon!
1 Comment
Stefan Schmiedberg
7/31/2015 11:08:22 am

I know and understand your sentiment. I was a foolish bear last year, trying to short instead of trading the prevailing trend. Now, I sense vindication is upon us. I have been successfully pursuing short opportunities in FCX, YHOO, and INTC. I believe more is coming. Good luck to you, and keep up the good work

Reply



Leave a Reply.

    Picture

    R. J. Sullivan IV

    Equity Research
    Portfolio Management
    ​Trading

    Picture
    Picture

    Archives

    September 2019
    March 2019
    December 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    April 2018
    March 2018
    January 2018
    October 2017
    July 2017
    May 2017
    April 2017
    March 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    November 2013
    October 2013

    Categories

    All

    RSS Feed

© BIGSKY INVESTMENTS®​

DISCLAIMER: This is a personal web site, reflecting the opinions of its author(s). It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities. DATA INFORMATION IS PROVIDED TO THE USERS "AS IS." NEITHER BIGSKY INVESTMENTS®, NOR ITS AFFILIATES, NOR ANY THIRD PARTY DATA PROVIDER MAKE ANY EXPRESS OR IMPLIED WARRANTIES OF ANY KIND REGARDING THE DATA INFORMATION, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE.