Normal
Well we will probably start a counter trend rally early next month. I think -20% is just the tip of the iceberg and until 3050 (GFC low) is at least re tested and probably broken through there is no point thinking about a bull market.There is nothing great on the horizon, mining capitulated, manufacturing will be next to nothing within the next 1.5 years as 200,000 both directly and indirectly lose their jobs from the auto industry fallout, banks are getting smashed and more than likely property will follow in the years ahead to make the game complete.When faith,confidence, and hope are completely annihilated within the masses, that's the time to get back into the markets.
Well we will probably start a counter trend rally early next month. I think -20% is just the tip of the iceberg and until 3050 (GFC low) is at least re tested and probably broken through there is no point thinking about a bull market.
There is nothing great on the horizon, mining capitulated, manufacturing will be next to nothing within the next 1.5 years as 200,000 both directly and indirectly lose their jobs from the auto industry fallout, banks are getting smashed and more than likely property will follow in the years ahead to make the game complete.
When faith,confidence, and hope are completely annihilated within the masses, that's the time to get back into the markets.
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