Might be premature with the market topping only 3 weeks ago, but any predictions as to timeframe for a bottom? I am presently seeing the week of or following the election, which leads me to believe the initial count may be decisive. If so, the market could be expected to breath a huge sigh of relief - as will I personally.
Market bottom timing forecasts?
Started by
steadyquest
, Sep 23 2020 12:09 PM
7 replies to this topic
#2
K Wave
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Posted 23 September 2020 - 01:17 PM
Yeah just when it looked like some sense of certainty was coming back after Rs announced they have 50 votes for SCOTUS, they dropped the Biden bomb today that is so bad, Biden might actually have to step aside...
markets do not like uncertainty.....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#3
LMF
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Posted 23 September 2020 - 01:26 PM
Historically this looks like a healthy pullback......NDX percent bullish in the 30s and the Qs above the 200day MA. Greedo meter also way above 30.
#4
gismeu
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Posted 23 September 2020 - 02:37 PM
Yeah just when it looked like some sense of certainty was coming back after Rs announced they have 50 votes for SCOTUS, they dropped the Biden bomb today that is so bad, Biden might actually have to step aside...
markets do not like uncertainty.....
What’s the Biden bomb?
Thanks, gis
If you can't buy Happiness, STEAL IT!
#5
slupert
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Posted 23 September 2020 - 06:32 PM
Bouncy, bouncy, no bottom, brief rally's. Congress better hurry up, ya might here of more colleges, especially 1 big one down the road from Cuomo's office closing, as soon as next week. Too much going wrong for it to be September, flu season hasn't even started. (JMHO)
#6
slupert
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Posted 23 September 2020 - 06:36 PM
Bouncy, bouncy, no bottom, brief rally's. Congress better hurry up, ya might here of more colleges, especially 1 big one down the road from Cuomo's office closing, as soon as next week. Too much going wrong for it to be September, flu season hasn't even started. (JMHO)
Actually tomorrow might be one of those brief bottoms if we get enough selling, but we really need Congress to do something. (JMHO)
#7
Russ
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Posted 28 September 2020 - 04:38 AM
Yeah just when it looked like some sense of certainty was coming back after Rs announced they have 50 votes for SCOTUS, they dropped the Biden bomb today that is so bad, Biden might actually have to step aside...
markets do not like uncertainty.....
What’s the Biden bomb?
Thanks, gis
I think he was referring to Biden calling US military personnel "Stupid bastages". Note: This software will not let you use the 'b' word, it changes it to bastage.
Edited by Russ, 28 September 2020 - 04:48 AM.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#8
Russ
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Posted 28 September 2020 - 04:44 AM
delete.
Edited by Russ, 28 September 2020 - 04:44 AM.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
