Re: Financial topics
Posted: Thu Sep 24, 2020 8:59 am
Generational theory, international history and current events
http://www.gdxforum.com/forum/
Oh, ok. Good to know it is not a problem with the site.
I think a possible scenario is the market goes down in choppy fashion a bit more, then a brief counter trend rally (up), then the crash is in October.
It's really weird listening to the commentary of the tv "experts."Higgenbotham wrote: ↑Fri Sep 25, 2020 12:35 pm> I think a possible scenario is the market goes down in choppy
> fashion a bit more, then a brief counter trend rally (up), then
> the crash is in October.
The statement "We're all Keynesians now." was attributed to Nixon after he ended the international gold standard in 1971. In doing so, Nixon laid the foundations for the current reality that "We're all gamblers now."
The S&P got back to 3306 this afternoon, but not in "the next few weeks". To properly be a pundit, it's necessary to give price targets, but not price targets together with time. That way the pundit can say that it got back to 3300 just as forecast.Higgenbotham wrote: ↑Fri Sep 25, 2020 12:35 pmAt some point in the next few weeks, this may be the source of a brief counter trend rally. Perhaps it will go back to 3300 on the S&P; I don't know.