tag:blogger.com,1999:blog-816559531110064247.post3050165532742124584..comments2024-03-08T01:03:44.522-08:00Comments on Humble Student of the Markets: A correction or market bottom?Cam Hui, CFAhttp://www.blogger.com/profile/09672203690656029787noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-816559531110064247.post-8872115988497309572015-08-21T11:49:32.804-07:002015-08-21T11:49:32.804-07:00For now there already in SP@500 correction is appr...For now there already in SP@500 correction is approximately 7%. In last years all corrections ended within 10% (except - 2011). March-June 2012 was 11%, but it took 2 months here. So, for now we already have 7% correction and from your great analysis we see that almost all indicators are oversolded - also VIX already is almost 25, so much fear here. But not so much fundamental problems if FED will delay rate hike until december - China had problems, but probably if here we will see 4-5% growth rate it`s not apocalypsis :). US economy also is not bad, greece fears i think overdone, junk bonds main problems is in energy sector. So - if we will have bounce at next week and after that big correction, how much it can be - 15%? Or you think there will be W shaped market? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-816559531110064247.post-31134737833078970912015-08-21T10:47:33.507-07:002015-08-21T10:47:33.507-07:00Nice summary! I'm sitting on the sidelines unt...Nice summary! I'm sitting on the sidelines until I have a clearer sense of the market's future course. I saw your tweet in regard to the TRIN indicator and the VIX:VXV ratio, and I hope you are right, but I think I need more before taking a position.<br />RASRASnoreply@blogger.comtag:blogger.com,1999:blog-816559531110064247.post-60383907718962896982015-08-21T09:37:20.252-07:002015-08-21T09:37:20.252-07:00Yup, you're pretty much spot on there, and tha...Yup, you're pretty much spot on there, and thanks for the sentiment analysis. Sentiment's almost as bad as it was last October when the Ebola panic was in full swing, and yet we're going to get a dovish Fed position in September.<br /><br />BTW I don't know if the stockcharts.com figure is accurate, but it says $TRIN spiked at 4 today.I Will Never Accept The Terms of Servicehttps://www.blogger.com/profile/09422355923256894207noreply@blogger.com