Member
Posted 05 July 2020 - 10:12 AM
In the Reagan 2nd term the market went up from 1984 to the 87 top. Clinton took over after 1 term GHWB in 1993, market still went up 10% before topping in 1994, then up another 300% to the 2000 top.
This chart is marked with the beginning of 2nd terms for Bush and Obama.
Edited by CLK, 05 July 2020 - 10:16 AM.
Member
Posted 05 July 2020 - 10:18 AM
Either one wins, it is still bullish.
Member
Posted 05 July 2020 - 10:38 AM
So, 100 year pandemic, from 1918, the market ultimately went up over 300% another 11 years into the
bull market top of 1929. A repeat of that would put SPX at around 7000 at least into the top in 2031-32.
Member
Posted 05 July 2020 - 12:14 PM
Whether we get another small dip here or not, the fact remains, megaphone patterns are bullish
continuation patterns, not topping patterns, in this context. With three waves to the lower line, this pattern is complete on the downside part.
Edited by CLK, 05 July 2020 - 12:18 PM.
Member
Posted 05 July 2020 - 04:23 PM
Either one wins, it is still bullish.
Even with this guy for president?
Edited by .Blizzard, 05 July 2020 - 04:23 PM.
Member
Posted 05 July 2020 - 06:57 PM
Either one wins, it is still bullish.
Even with this guy for president?
at this point does it really matter? Just vote for the one you feel will do the least damage, and prey you're right.
