DislikedThink it might be a repeat of big drop somewhere in the near future. Early next year perhaps.Ignored
We may be seeing these symptoms right now....
Thoughts?
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DislikedThink it might be a repeat of big drop somewhere in the near future. Early next year perhaps.Ignored
DislikedSeen comments pointing that out, too. Thanks for the reminder... In this commentary it was said that a big, big drop was likely to start with big moves up and down. As read this a while ago, way before the early talks of Chinese bubble....
We may be seeing these symptoms right now....
Thoughts?Ignored
DislikedLet me get this straight:
PPI comes strong, pointing higher inflation, right?
This also means pressure on the yields to go up, right?
That means, pressure on the US interest rate, right?
That means selloff in the stock market + dollar strong, right? WROOOONGGG!!!!!!!!!!
No, I can't get it...
Ignored
DislikedWell I know how much a fan of Elliot Wave theory you are ...... not.
But I think we have completed a minor wave 4 of 5 of a greater 5 wave. So if this is the case, look out once we complete the 5th wave of 5 of 5.
I think it will most likely be a blow off top when we do. And who knows how low we will go.
This is the Dow. I really don't have a clue how much or little it would effect cable. I can't see cable going much above 2.0000 though because if the Dow goes bye bye so will the FTSE100 and most every other world index. Also what that means for interest rates, not sure either.Ignored