Another bear case…
Will probably stay where I am for a while and see how the land lies over next few weeks - I could have jumped the gun and end up missing out on some gains if this is just a little blip but for me the potential opportunities that having a large cash reserve during a recession would pose far outweigh this.
I’ll still keep my eyes open for a bargain here and there but will try to resist temptation until things are a little clearer.
I’m still taking losses on some things at the moment though but they are more long term prospects (I hope anyway!)
Another perspective, ignore the hyperbolic title, This guy is quite good 
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He did blow my mind!
To cut a long story short, his thesis is to keep an open mind to a wide range of possibilities, but it looks like a bullish breakout with a recent successful retest.
Cracking video.
I think nothing new. Nasdaq 100 will reach 10.000$
A new video from the same guys
They use tools I’m completely unfamiliar with. I don’t know what to think of it. It makes sense, but I don’t know how to cross check it
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I’ve been sort of following him for a while.
While others have been predicting an imminent crash for about 7 or 8 years now, he has been saying keep an open mind towards a continuing bull market. he was more right than the doom mongers
He never actually predicts what is going to happen, he talks about probabilities based on similar conditions in the past, and talks about keeping a open mind
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I like that.
But he talks about signals and uses charts I’m unaware of and don’t know what to think of. Is that in the realm of technical analysis?
Yeah, He’s obviously deep into technical analysis, I don’t know all the tools he uses. some people think technical analysis is worthless. I think it’s worth looking at his videos and keeping an open mind like he says, especially when everyone else is predicting a crash
Oh dear. Does this means I must stop being a fundamentalist? (pun intended)
Timing trades with moon phases may have worked when stock exchanges were run by humans.
And head and shoulders always exist when you look for them.
Unfortunately this lot doesn’t care:
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@Anders I was referring to my main portfolio I have with Vanguard. No specific sectors or companies, just funds focusing on other regions than US. I like the idea of Japan, because they are hosting Olympic games this year, which is always good for economy. In EU I would like to focus on Poland because I’ve noticed a lot of Polish people are moving back home from UK and I read as well that things are improving a lot there. I haven’t found any Polish passive funds yet, but I did some stock picking of CD Projekt and a couple of listed software companies I found with the help of Simply Wall Street. It is hard to do research though since I don’t speak the language.
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My nearly all cash portfolio is giving me a high five today:
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From the Berkshire Hathaway 2019 letter:
What we can say is that if something close to current rates should prevail over the coming decades and if corporate tax rates also remain near the low level businesses now enjoy, it is almost certain that equities will over time perform far better than long-term, fixed-rate debt instruments.
That rosy prediction comes with a warning: Anything can happen to stock prices tomorrow. Occasionally, there will be major drops in the market, perhaps of 50% magnitude or even greater. But the combination of The American Tailwind, about which I wrote last year, and the compounding wonders described by Mr. Smith, will make equities the much better long-term choice for the individual who does not use borrowed money and who can control his or her emotions. Others? Beware!
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Feature request:
Very handy right now.
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I think we would all kill for that, coupled with some low volatility ETFs and some more safe haven securities.
“Deutsche will not be the last victim of the automation wave”
…it might be human day traders, especially during times of high volatility.
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