"most are 'refusing' to see it"
Because they are waiting for you to throw in the bear towel and say "The Bottom is IN!"
(I tickle me.)
"They" are not making it easy to escape...
Wait 10 Seconds, Lose $1 Million in Markets Rocked by Volatility
Is volatility like this healthy?
Oh gosh I hope not Roger ..I doubt anyone is paying attention to me ... I think its more a function of two ..at least two things
1. A short memory - and two recent crises 2018 &2020were both 'buying opportunities' thx mostly to FED pivots - from QT to QE in late 2018, and just plain massive QE in 2020..and most
are expecting the same - they are wrong, but that is big part why - I see this all over the financial 'matrix' - this is good old RECENCY BIAS + Massive FED moral hazard.
2. not understanding the 'real world' and being too focussed on statistics and 'similar periods' - there IS NOT similar period ...if u bother to understand whats actually happened last 20 years under CB experiment, and
what happens when it blows up as it is beginning to now.
AND if folks were looking to me to be bullish other than like from Oct low to this recent high .I was don't forget ..... then in term of bigger picture ..I think it will be a long wait ..at least some time in 2024 ..
and if things go wrong ... it might longer...I honestly believe this is likely start of generational crises.
Edited by EntropyModel, 19 March 2023 - 07:29 PM.
Question everything, especially what you believe you know. The foundation of science is questioning the data, not trusting the data.
I only trust fully falsified, non vested interest 'data', which is extremely rare in our world of paid framing narratives 'psy ops'.
Market Comments https://markdavidson.substack.com/?utm_source=substack&utm_medium=email