SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 660.19-0.8%4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GROUND ZERO™ who wrote (180269)10/8/2022 10:21:20 AM
From: Machaon3 Recommendations

Recommended By
Drygulch Dan
GROUND ZERO™
Mevis

  Read Replies (2) of 218931
 
The entire stock market rally from 2009 was fueled by low interest rates and QE. Federal government over spending accumulated on the Fed's balance sheet until it's now almost $9 trillion! We face much higher interest rates and a slow unwinding of the balance sheet.

Our insane energy policy and push for electric vehicles before the infrastructure and industry is ready, can only result in significant harm to our economy and also this world's economy.

When I totally ignore the movement of the fed-fueled market from 2009, I come up with around 3250. But, I think that the 3250 has to be discounted because of the economic damage that our fraudulent, cheating, senile President is causing along with his corrupt criminal Democrat gang.

Your chart shows 2600-2900. What's your best guess?

Thanks, Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext