WHEN

The mkt is in obvious sell off mode. The question is when will the sell off come to an end?.

A few years ago I was having breakfast in a restaurant on Thames Street in Newport, R.I.

where I was born. There were some men sitting at a table next to me. It was raining outside.

One of the men said to the others, "Do you think it'll stop raining?. One of them then said to

the other men, "It always has before". So will this sell off come to an end? It always has

before. When will it come to end? This sell off will come to an end when the indicators say

its come to an end.

The mkt is in obvious sell off mode. The question is when will the sell off come to an end?.

A few years ago I was having breakfast in a restaurant on Thames Street in Newport, R.I.

where I was born. There were some men sitting at a table next to me. It was raining outside.

One of the men said to the others, "Do you think it'll stop raining?. One of them then said to

the other men, "It always has before". So will this sell off come to an end? It always has

before. When will it come to end? This sell off will come to an end when the indicators say

its come to an end.

I'm long JPM now, was easy money I could kick myself in the @SS for not buying KBE. Not touching XLF, no way!!Anther down day or two and we will be there  I also bought some BJ at the close. Stalking AMD, NVDA,Meta. (JMHO)

The mkt is in obvious sell off mode. The question is when will the sell off come to an end?.

A few years ago I was having breakfast in a restaurant on Thames Street in Newport, R.I.

where I was born. There were some men sitting at a table next to me. It was raining outside.

One of the men said to the others, "Do you think it'll stop raining?. One of them then said to

the other men, "It always has before". So will this sell off come to an end? It always has

before. When will it come to end? This sell off will come to an end when the indicators say

its come to an end.

Late July there'll be a good low followed by multi-week rally... but it won't mark the end.  USA will likely enter the war (WWIII) as early as May, 2024 or as late as first qtr, 2025 ...  These are following War Cycles.   Having said that, I am bearish for the long term.  I see no sustainable rallies for a long time.  Traders can time the short term bottoms but I'll leave that to them, while i earn decent yields in T-Bills and keep my assets safe.

It will be volatile markets in 2023 & 2024. Traders delight!
Post pandemic low in Fall 2024 most likely.

Pdx5, i find myself in agreement with most of what you say...all the time here.  We think alike