"Is the Correction Over?"
My most recent blog posting, my third installment on asset allocations and risk:
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Posted 13 February 2018 - 03:36 PM
that the spx correction is not over I agree, but that the path to the upside has to be rectilinear I disagree. 2100 imo is too far to the downside to think it may be the real support for an index which is growing linearly. In my opinion the path might be parabolic and we might find support on the touch of such parabola that at the moment is not clearly visible, but it might become in the next month or two
What if we bounce to 2750 and then we start the trip down to 2400 finding the final support there by a couple of months or so ?
Edited by andr99, 13 February 2018 - 03:40 PM.
forever and only a V-E-N-E-T-K-E-N.....though partly langbardic