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I Expect a 12-13% Down Week Top to Bottom

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#11 blustar

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Posted 07 November 2022 - 12:55 PM

 

 

Monday and Tuesday should be down about 9%, a low on Nov 9 around 3400, then a strong rally on the 10th followed by another strong drop on the 11th to near 3300. Nov 14-18 looks up.

 

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If it works, that would be great.

 

 

But it won't...so...

 

Fib

 

I think you are right, not on those days, but the chickens are coming home to roost by week's end



#12 fib_1618

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Posted 07 November 2022 - 01:16 PM

 

 

 

Monday and Tuesday should be down about 9%, a low on Nov 9 around 3400, then a strong rally on the 10th followed by another strong drop on the 11th to near 3300. Nov 14-18 looks up.

 

Blog

 

If it works, that would be great.

 

But it won't...so...

 

Fib

 

I think you are right, not on those days, but the chickens are coming home to roost by week's end

 

 

Not likely Brad since breadth of market is firm right now which will provide price buoyancy on any bearish ambushes that might be out there lurking for the week ahead. Me thinks that you're maybe giving too much leverage to the CPI data that comes out on Thursday...keep in mind that the September number turned out to be the last bottom on October 13th. Patience on the big bearish stuff is not in the cards to at least after this month's OPEX, but even then, like a cruise ship, market momentum tends to make a wide sweeping motion when trying to reverse course.

 

And, of course, bear markets have a totally different personality than that of bullish ones where what worked in one is not likely to work with the other.

 

Fib


Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

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#13 Chilidawgz

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Posted 07 November 2022 - 06:44 PM

 

.  The market would love gridlock for the next two years!! 

 

Not when the Bolshevik in charge has the power of the Executive Order...he will do what he wants, and it will take a couple of years for the courts to throw it out.

 

Fib

 

 

I think ol' Joe doesn't go his full term. He becomes so obviously incapable they put Kamala in, which was the plan all along. Kamala being from Kailifornia, the land of fruits and nuts, is very well versed in state socialism.


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#14 fib_1618

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Posted 07 November 2022 - 08:38 PM

 

 

.  The market would love gridlock for the next two years!! 

 

Not when the Bolshevik in charge has the power of the Executive Order...he will do what he wants, and it will take a couple of years for the courts to throw it out.

 

Fib

 

I think ol' Joe doesn't go his full term. He becomes so obviously incapable they put Kamala in, which was the plan all along. Kamala being from Kailifornia, the land of fruits and nuts, is very well versed in state socialism.

 

I can't begin to tell you how down right scary something like this is just thinking about it...a cackling, do nothing, anti law and order moron is not what the United States needs at this time...let's let Joe continue to sit in his rocking chair in the residence and watch reruns of Matlock,and the Golden Girls while taking vitamin B12 shots.

 

Right now, 3rd in line is all that counts...get out and vote y'all!

 

Fib


Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

Technical Watch Subscriptions



 


#15 redfoliage2

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Posted 08 November 2022 - 07:37 AM

If they lose the House, and there is a good chance for it .....................

https://www.cnbc.com...-democrats.html



#16 12SPX

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Posted 08 November 2022 - 09:07 AM

What's shocking is they are just realizing that now lol!!! 







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