Quote from: exstasie on April 04, 2018, 10:54:34 PM

Quote from: gentlemand on April 04, 2018, 09:57:23 PM

I feel perfectly perky myself. And I haven't seen all that much screaming. The real misery came in early 2015 after well over a year of falls. But everything was so shit that I suppose most were beyond misery.

I wouldn't say I'm perky as I'm never comfortable holding all cash. Tongue

The thing about the 2014-2015 comparisons is, we really don't know if we are in a similar part of the cycle or not. What I dislike most about the 2014 redux calls is that it seems far too easy. Markets don't just repeat and each bubble (and correction) was notably different. Most people (aside from the newbies) seem too prepared for it.

Quote from: gentlemand on April 04, 2018, 09:57:23 PM

Considering every modest rise is still leapt upon, there's a a ton of hope that hasn't been extinguished. I'm not one that believes we have to die before being reborn, but equally the bad stuff may not have even warmed up yet.

The interesting thing from studying charts from 2012 and 2013 is that despair can be reached at a higher low, like an Adam & Eve bottom. I'm not ruling out the $1,000-$4,000 bear dreams, but I'm just not convinced. The market likes to punish both sides, and it's been quite a while since bears were punished.

Excellent reply.
Indeed markets always like to punish both sides.
I guess you're indirectly predicting an ultra long consolidation period where price would hover around $5K - $9K zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

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