Quote from: Sukovsky on March 13, 2018, 10:17:41 AM

Most people that say this wasn't a bubble weren't here in 2013/2014. It's exactly the fucking same. Denyers, this time it's differenters, more fundamentals now BLA DI FUCKING BLA.

Let me spell it out for you:

This rally is over. It's going for a big retrace. Try to not be an empty headed shitbag for once and put the 2013 chart over this year's rally. It's the fucking same. The amount of dumb money in this rally is staggering. This is going down. Free fucking tip assholes

The rally is obviously over.

But the rally was obviously over in 2012, April 2013, and December 2013 too. Why do you assume that December 2017 = December 2013? Masterluc, whose track record speaks for itself, sees parallels to 2012.

Also, markets punish as many people as possible. As a general rule: If the market is skewed long, we go down. If the market is skewed short, we go up. With that in mind, then consider where in the cycle we might be comparatively. After each bubble, this is what the initial retracement looked like:

In August 2012, the bull trap = 62%.
In April 2013, the bull trap = 58%.
In January 2014, the bull trap = 78%.
Current bull trap = 41%.

So um, where my OTE retrace? Answer: it hasn't happened yet. Even if this is 2014, have we finished squeezing the early bears and trapping the late bulls? I don't think so.

I suggest studying each historical cycle separately and looking for parallels before assuming that 2018 = 2014 redux.