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daniel039209
Peter, you have argued that we are approaching a top or have argued a huge, devastating decline is here, or imminent ,for 3 years. You argued with Larry Williams, other commenters on here on how your feelings/ down cycles, fractals all showing imminent declines. You went from counting days,and June was supposed to be top, then moved to July/Aug/Sept/Oct. Now you put your focus on Bitcoin, due to its recent consolidation. You were really negative on the DJIA when it was lagging, you were just really negative on AAPL not that long ago, about 30% lower than here. Beside the Trump induced tariff melt in late March/early April, the market has had one of its biggest moves in 50 years. The amount of market cap increase, is probably historic. If you are a self described "numbers guy" how could you ignore or stand in the face of the breakouts, moving averages, general price action? What would differentiate your negative call from one day to the next? Basically, how do you help subscribers make positive money making ideas? By never saying "BUY"? I see noone comments in here anymore, I wonder why?
daniel039209
Broke yesterfdays low, that is a short signal? no? NVDA about to break 50 dma?> wouldnt that be a negative signal for you?
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rafe.thrasher5229
Daniel,
It looks like your comment may have marked the beginning of the crash. I have my own charts that indicate a top is in, and I based those charts on Venus, Mercury, Mars, and Uranus. What I have found seems remarkable. I'd love to show it to Peter. I need assistance with working with the Y axis or price...but as it relates to the similarities between the analogous time frames of 1929, 1987, and the present moment, the X-axis of time shows remarkable mathematical relationships. Furthermore, I have found a Fibonacci relationship between the 1720 South Sea Bubble, the present moment in time and the major bubbles proceeding that bubble excluding 1929. As for there being no comments and you eluding to Peter being incorrect in a sense for so long, yes, you very well be correct. That does not mean however that he will be wrong on his call. He will be correct at some point as this stuff is not Hocus Pocus. I happen to think the time is now....and I have my own reasons as I eluded to above.
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daniel039209
rafe.thrasher5229 said:
Rafe, I think today IS important, and I look for actually price confirmation of what I think. But alas, markets dont crash from all time highs, need some more time. ( okay 1 time, when it was COVID, mkts did break from a high. ONE TIME)
We all can have a view on markets/stocks/gld etc.
My open question to Peter is : IF you say crash/generational wipeout/ multi year high--for more than 2 years, WHAT IS THE REAL signal or call? There is little differentiation in daily calling for crash--other than one's ego is unwilling to admit to being just flat out wrong. MSFT & AAPL are recent " lower projections/failure/down moves" that were flat out incorrect. And there is never another mention of those stocks.
I am open to ideas and views in here- I think no one comments due to shell shock of negative bias week in/week out for close to 3 years.
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Peter, you have argued that we are approaching a top or have argued a huge, devastating decline is here, or imminent ,for 3 years. You argued with Larry Williams, other commenters on here on how your feelings/ down cycles, fractals all showing imminent declines. You went from counting days,and June was supposed to be top, then moved to July/Aug/Sept/Oct. Now you put your focus on Bitcoin, due to its recent consolidation. You were really negative on the DJIA when it was lagging, you were just really negative on AAPL not that long ago, about 30% lower than here. Beside the Trump induced tariff melt in late March/early April, the market has had one of its biggest moves in 50 years. The amount of market cap increase, is probably historic. If you are a self described "numbers guy" how could you ignore or stand in the face of the breakouts, moving averages, general price action? What would differentiate your negative call from one day to the next? Basically, how do you help subscribers make positive money making ideas? By never saying "BUY"? I see noone comments in here anymore, I wonder why?
Broke yesterfdays low, that is a short signal? no? NVDA about to break 50 dma?> wouldnt that be a negative signal for you?
Last updated
Daniel, It looks like your comment may have marked the beginning of the crash. I have my own charts that indicate a top is in, and I based those charts on Venus, Mercury, Mars, and Uranus. What I have found seems remarkable. I'd love to show it to Peter. I need assistance with working with the Y axis or price...but as it relates to the similarities between the analogous time frames of 1929, 1987, and the present moment, the X-axis of time shows remarkable mathematical relationships. Furthermore, I have found a Fibonacci relationship between the 1720 South Sea Bubble, the present moment in time and the major bubbles proceeding that bubble excluding 1929. As for there being no comments and you eluding to Peter being incorrect in a sense for so long, yes, you very well be correct. That does not mean however that he will be wrong on his call. He will be correct at some point as this stuff is not Hocus Pocus. I happen to think the time is now....and I have my own reasons as I eluded to above.
Last updated
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