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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Ms. Baby Boomer who wrote (31837)6/18/2019 10:20:28 AM
From: Fintas1 Recommendation

Recommended By
toccodolce

  Read Replies (1) | Respond to of 34811
 
Me tinks some folks are confused.

Apparently some think doing a new QE over in EUROPE would be good news.

HMM maybe it's me but that says things are not doing well and implanting such and then getting positive results is not guaranteed there.. or in fact here if the FED were to cut.

OH well, the best time to exploit is when many don't understand the larger picture.

BIG difference from cutting from 5% to 0 then from 2.5% to 1%.

Especially when last I looked I saw a 22 TRILLION number that really requires 5.5% GDP and not a 3.2%. Which here and now the plan would be to try to hold it above 2%.

Looks lower than the ideal of 5%.

In any case desperate folks do desperate things.

So to those who are enjoying the bounce and ANOTHER GAP UP that will be filled.

This one still can push a bit higher but take note last eve it was in the 51 area.

Getting beyond the numbers I recently presented is not a given or easy.

ERGO re certain EQUITIES. SELL THE RIP. RE certain ETF'S BUY THE DIPS with discipline. IMO

Fintas

OH and GOLD.. MY OH MY where are the it's going to 500/450/350/200 folks?

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