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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 378.35+2.7%Nov 10 4:00 PM EST
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Cogito Ergo Sum
To: carranza2 who wrote (162406)9/8/2020 9:20:11 PM
From: TobagoJack1 Recommendation   of 217660
 
on the life of the bull, I wait for Armstrong's prognosis

should still be good per correction is healthy even as the bull is very unhealthy

Even September 3rd was spot on and even more ironic that was the day of the high in 1929

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The major U.S. stock indexes fell sharply last week from our target for the high being the week of 8/31. Even September 3rd was spot on and even more ironic that was the day of the high in 1929. The Nasdaq has been bearing the brunt of this decline because it led the way up. This index was previously the highflying technology shares which carried the indexes higher creating the false impression that the entire market was rallying against a declining economy.



The false image of a booming stock market that was decoupled from the economy was all predicated upon this covert move to redesign the economy in the vision of Gates & Schwab's Great Reset.

The market should decline into October. This is in part playing catch-up as the damage to the economy is very real. Add to that this trade war with China and the pressure for companies to replace China as a supplier is certainly a major disruption to the economy which will be felt over the course of the next two years.

Right now, the key closing support in the Dow lies down at 27525. A closing below that will signal that the broader correction is beginning.
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