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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: TobagoJack who wrote (156688)4/19/2020 4:29:49 AM
From: sense  Read Replies (1) of 217592
 
Limits in the rally... surely exist. We might run into a few this week, as numbers start coming in... but, it's not very reasonable to expect good numbers, when the economy is shut down ? Where the limits are... between "who are you going to believe, me or your lying eyes"... might be an answer the Fed gets soon enough ? When there's something more to see than... almost no one working... we'll begin to get a better bead on the nature and extent of the impacts... and how meaningful they are in terms of imposing lasting damage.

The Fed is bailing out the banks, and their other friends, again. The Congress, on the other hand, insanely, seems fully intent on giving the finger to the employers of most of the workers...

That's not going to work.

Charts, of course... aren't giving any reason for concern, now... like they didn't provide any reason to be cautious on the 24th of February... ?

What it leaves is mostly a question of timing... and "events" in perception... and a chance that we might see 25,000 in the coming week... before perception shifts to see the light at the end of the tunnel... may in fact be a train...

Market Rallies Into The "Resistance Zone"
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