when is this market going to top?

Discussion in 'Trading' started by recession2016, Feb 9, 2017.

  1. this one sided action is getting old..

    Stocks like nflx and tsla trading at 300+ PE are being bought at every dip, but i'm thinking this is the last euphoric stage of the bull cycle. Opinions?
     
  2. Maverick74

    Maverick74

    Trade the market you have not the market you want. If that doesn't sit well with you. Start trading grains.
     
    eganon69 and Zzzz1 like this.
  3. Wheat is showing signs of life.
     
    murray t turtle likes this.
  4. I don't know when but one thing I do know is that those who have been calling the top have gotten fucked with no Vaseline if they betted.
     
    comagnum likes this.
  5. yeah even big traders like soros are getting it wrong, but if you short with just cash (no margin) at these highs odds are you'll do okay if you hold for a while
     
    Money Trust likes this.
  6. Handle123

    Handle123

    Buy the Rumor of Industrial coming back to USA, Mexico is never going to pay for the wall because if 10% is charged coming over the border, corps will be charging more for their products, but Mexico will be paying for loss of jobs if Corps start closing down factories. I think we will continue to go up till interest rates get too high. Defense stocks should do well, make more ships, transport Index going higher, trucks and railroad increasing business.

    But I keep selling Indexes and hedged cause dips at these levels will be deeper.
     
    ZanderKshander likes this.
  7. You'd need deep pockets for that, I'd think.
     
  8. tommcginnis

    tommcginnis

    Define "top".......otherwise, ... not much to talk about.




    (Not to be a wet blanket or anything.)
     
    murray t turtle and Zzzz1 like this.
  9. Maverick74

    Maverick74

    Doesn't that defeat the whole purpose of trading? The idea is not to get killed and eventually eeke out a profit. By that definition why not just get long. Even if we crash, eventually you'll "do okay if you hold for awhile".
     
  10. a peak in the market followed by a multi year downtrend
     
    #10     Feb 9, 2017
    murray t turtle likes this.