Tag Archives: bullish

Stock market due for a major correction?

My friend says: “All my technicals (OK OK, just lookin’ at the charts and taking an educated guess) tell me that the stock market is about to tank hard.

Each day it’s trying to reach for its previous highs, only to slip further, like a helpless climber who’s lost his grip on a steep vertical slope.

AAPL at 166 now, should be in 150’s in short order, then lower.

Let’s see what happens.”

My take: “Maybe, but I think people are still hunkering to buy.

I vant to buy! the masses are screaming.”