As confucious say "a picture is worth thosand words".
It is the quantity of money supply M1 duh...
Why stock market is unlikely to go below 2020 low's
Started by
pdx5
, Oct 14 2022 04:33 PM
5 replies to this topic
#1
pdx5
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I want return OF my money more than return ON my money
Posted 14 October 2022 - 04:33 PM
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#2
andr99
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Posted 14 October 2022 - 05:08 PM
it won' t even get close to the 2020 low. The most downside I can give to spx is 3300-3400, but I doubt it will go so far as probably the bottom is in
Edited by andr99, 14 October 2022 - 05:09 PM.
forever and only a V-E-N-E-T-K-E-N - langbard
#3
pdx5
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I want return OF my money more than return ON my money
Posted 14 October 2022 - 05:09 PM
it won' t even get close to the 2020 low. The most downside I can give to spx is 3300-3400
My FF 3250 in year 2023.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#4
redfoliage2
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Posted 14 October 2022 - 06:40 PM
The money already spent, and only the accounts/numbers left there ..............................
#5
slupert
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Posted 15 October 2022 - 06:27 AM
Increasing the money supply 40% is why we are having these problems. Rermember the inverted yield curve in the Summer of 2019.2020 was supposed to be the year we got off the proverbial Govt. teat. Then covid happened, and the US economy was spared the ignomyneous defeat. Now inflation removes us from the proverbial teat, you really think that is going to happen successfully in 2023? Conclusion; The emperor has no clothes. (JMHO)
Edited by slupert, 15 October 2022 - 06:32 AM.
#6
pdx5
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- Traders-Talk User
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I want return OF my money more than return ON my money
Posted 15 October 2022 - 06:00 PM
The money already spent, and only the accounts/numbers left there ..............................
Money never vanishes. If you spend it, the seller has your money. No one burns the money received when they sell something.
At the end of food chain, most of the spent money ends up in hands of richer and richer people who have the discretionary income to invest it in stocks, bonds, real-estate, other hard assets.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
