I am not sure, Adrian…
but there is an institute branch in England:
Ludwig von Mises - A Primer | Institute of Economic Affairs
I assume there must be a few Meses economists here too…
but I think they are not the prevailing voice…
For bears, this chart is worth (at least) 500 words: [B]For bears, this chart is worth 500 words - MarketWatch[/B]
Thank you for posting this, it just ticks all my boxes :))
:))
I agree 100%…
We are all waiting for the dancing bears to get started…
…we just haven’t seen the musicians yet 
F
Another 2.2% up and the S&P hits a new all time high. This rally is very close to killing the bears. But if it fails to get there before dropping the 10.5% required to get back under the August low, the bears have it. This is almost as exciting as the F@&KING ROYALS vs the mets in the World Series.
-Adrian
The next crash will happen eventually, but those who can identify it in time will make the big bucks. For the rest of us, well…
Well, peeps…well!
Over six months after posting this thread, we are
all still wondering why last year’s August corrections
did not spark an eventual rinsing out of all the bad debt
and inflated equity prices…
I have been interested in the seven-year
cycle theory, which made 2001 and 2008
due to be followed by a 2015 crash/risk-off
move across markets; some may also
associate this with the Jewish “Shemitah”,
as explained in this article:
As the article asks, and as many of us here may
also ask, why was it different this time round?
Are we just delaying the inevitable, and how many
more weeks or months do equities and other risky
assets need before finally giving up the ghost?
I do not subscribe to the biblical overtones of
the article, but I am of course worried that if
a cycle of approximately(!) seven years is
artificially contained, its arrival, because of
an artificial delay, may be even more catastrophic.
In the end, we all know from watching the ‘Big Short’,
that letting go of big profits in a ‘bull market’ does not
happen overnight…but when everyone is aware of the
problem and subsequent aftermath,
and yet nothing follows, it is quite unnerving…
And the question remains still:
what will the spark be and where will it
come from?
Another housing bubble?
Chinese financial derivatives?
Will we have eyes to see the threat in time?
What do you think?
The world equities are beginnig to keel over…
Just look at the S&P500, Nikkei225, and FTSE100:
three countries, three indices, all struggling either
to reach new heights or to stem capital bleeding
out of them…
Post-FOMC rate hold yesterday, you would
have thought that this would have read as
a risk-positive scenario and pushed equities
higher, but although it did so initially it then
failed to drive that move, and the renewed threat
of tightening/rate-hiking by the Fed added to
investors’ nervousness, resulting in this
S&P500 losing, for example, 250 pips
in the last 2.5 hours alone:
yes. and i love it. been waiting for the crowds to finally see the downwards trend for weeks now. i nearly ran out of patience.
nice trade Francis, we think alike asi see 
gonna stick to this a few more hundret points.
I cannot believe it, we shorted the S&P500 at the same level?
Uncanny!
Great minds think alike, indeed!
Good luck to us!!
i shorted dow, u s&p but they move in pairs and r both stock indexes so its the sane thing 
yes i was aswell like “huh i know that trade from somewhere! :D”
no need for luck for both of us were both on the right side for the next few days, luck is only fpr beginners, we are no beginners
…look at yesterday’s selling volume bar
on S&P500 (e.mini) Futures:
Impressive…
If this beast keeps falling, there will be
a lot of pips to catch…
Oh my god, turbo! I am up 250 pips on this trade!!!
You must be about the same…
Incredible…
im good 
the entire week was “meeh” but thrusday evening and todaymade even for that.
on my first position i made 330 points, scaled in 4 more times and closed all positions like a hour ago when it was at its low. expecting a retracement of short nature and going to go short again monday or tuesday
anyway no need to be greedy im good for this week.
cant wait for next week to go short again. i loovee when things go down, they go down much faster then they go up.
Amazing!!!
Tempted as I may be to grab those 300+ pips today, I decided to stick to my plan to ride this one all the way, though ups and downs…
Well, Turbo!
Are you shorting the S&P500 again?
I stayed short and it fluctuated to +350 profit to just +80 and today
it is back to above +300 as I am typing this…
Quite a day…
Crude Oil is falling, the USD/JPY is BELOW 106.00(!) and the FTSE100 is
back below 6,200…
The DAX is making its way below 10,000 too, which again reinforces
a risk aversion mood…
hey francis,
yes i was thinking of you today when i saw the s&p hitting highs again and was thinking if youre still in the trade.
friday i closed it at perfect time at its best low and took my profit. monday morning i started a small long position which made me like 120 points till the evening but i closed it late so only like 80 points.
Just when i wanted to go short again at the same price where i closed my short on friday it started going up again so skiped the plan.
no unfortunately i did not go short again yet (i should have the same second i closed my long) because i was bit bussy today with work.
in general today i did not se any good entries for any positions not on gold not on oil not on dow/s&p, actualy i saw a good one on oil but missed it due to work (i have to work sometimes at least, sux) but at the moment im very neutral. the bigger trend is up but its really great signs of weakness so im waiting for the price to brake through one of the two red lines to enter positions.
its tricky at the moment, we had Japan having holidays this entire week from monday till thursday so no action from there. its no panic anywhere in sight (unfortunately) but aswell no optimism, so the price could go anywhere from up (dow jones) till 18500 or down to 16500. everything is possible at the moment.
friday and monday were clear up signs, today was a clear down sign. so really undecided market at the moment.
Nice job , Turbo!!!
Well done! :35: