3309 Drysdale Ct
Edwardsville, IL 62025
Matt were you saying if the Fed pivots, that would strengthen
the case for all time high prices and a continuation of the bull
market? Or would a pivot just lead to the kind of wave 5 we
were looking for initially before prices retrace the whole bull
market, possibly to low 2000's over time?
I actually think we get disinflation soon (a few months) and a
pivot not too far behind (before midterms), but would the pivot
lead to more sustainable highs, or just more of a short term
maybe I didn't convey it well enough - but what I meant is that
I don't see how the Fed can pivot and change anything soon - and
yes the market looks ahead 6 months out or whatever but given the
backdrop of so many things, I don't see how the market can just be
healed so quickly and be ready to go back to highs.
if you don't count the Feb/Mar correction as bear market - we've
had a bull market since 2009 - near 13 years the market just from a
technical perspective needs a bear market that lasts a while.
A bear market that is long enough to reset things, really
consolidate the charts. And as Steve and I have stating - we hope
all we get is a 1 or 2 year bear market for stocks - we can handle
that. What we don't want to see is a breaking of the system,
financial markets, deflation, food shortages, social unrest, crap
like that. I would feel fortunate if all we see is a 1 - 2 year
bear market in stocks play out
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