I’ll respect Panda’s DTK red alert. It has saved me more than a few times. I’ll liquidate 80+% of my trading holdings, even for a short term, once the alert is announced.
I believe none of your stocks are in SPX. Why would you expect them to behave similar to SPX?
No crash yet.
SMH
No DTK red alert. Please remember 2-3 TDs after red alert, something will happen.
Can ignore the rest of his comment. Doesn’t matter. What matter is DTK.
“More money has been lost anticipating a downturn than in the downturn” Peter Lynch
Why bears are perennial losers. Only optimists make money.
Almost red??? Pink? How come the chart only show a decline to 4200? Shouldn’t it be at least 165 point i.e. to 4100 or lower? @manch wants to know whether there is/ when is the crash!
Moon cycles coinciding with Fed days now? Did not know.
Is not new info. Panda likes to repeat.
Ascending wedge is usually bearish and the decline will be at least to component wave two (4167) and quite often to start of the wedge (4061). So if his DTK red alert can’t give us more info than that… is not that useful. Is his DTK luck out?
Consolidated Panda’s tweets for easy reference (for bloggers with bad memory )…
thanks. How do you make these graphics? Which software do you use?
Using Mac screen capturing
come with all kinds of functionality
.
You didn’t define crash? So depending on your definition, every day is a crash or no crash ever happen. Panda defines crash as 10% decline within 3 days or 30% decline over 1 month.
Is entertainment time for @manch… Fresh from Panda’s oven… talk excessively confident again… he didn’t define what is DOWN HARD. Take note, now he said upon DTK red alert, 200 points decline over 4 weeks instead of previous claim of 165 points decline over 2-3 TDs.
Start of a bear market soon… for real? Take note, he talks SPY instead of the usual SPX.
DTK is red
but need confirmation???
Many TA/ ML sites are predicting an imminent correction
Correction = more than 10% decline
Want to challenge above or accept that this is one of those two times when a broken mechanical clock is correct?
Worked! Now…when to BTFD.
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So you agree with those TA/ML sites that it is only a correction and not the start of a bear market as predicted by Panda?
Yes, I think only a correction. I don’t think we get a full blown bear market until fed says for sure we’re tapering.
Master is again wrong, market is not going to go down until Jun 18th…Either it has to happen between Jun 21 and Jun 30th or after July end only !
On any case, market very likely positive tomorrow, today is BTFD (already over)…
Well, he did say higher high is preferable. Either case, when his red alert is hit, its’ time to liquidate and wait as things do get wild. I do agree the down cycle will probably start next week. I’m waiting…