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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (189201)8/11/2023 9:41:12 PM
From: GROUND ZERO™3 Recommendations

Recommended By
D.Austin
Machaon
yard_man

  Respond to of 222099
 
You're probably right...

I keep thinking the selling might be over soon, but then, this is exactly how markets continue going down nonstop...

Frankly, there's nothing good to motivate this market to rally...

This is not a cyclical decline, we've been is a major secular decline for some time already...

And then, the government still continues spending billions more...

Also, the FED is going about it backward and chasing its own tail...

Frankly, I would love to see this market take a big dive, it would give me another monstrous opportunity to buy more SOXL and TQQQ that much cheaper...

August, and we're already almost 1/2 way through, is a flat month to very minimally higher and then September is the most bearish month of the year...

So, these markets are only first beginning to enter into a period of serious headwinds which has historically caused breathtaking turbulence over the years...

So, we'll see...

It should definitely be entertaining, for sure...

GZ



To: yard_man who wrote (189201)8/11/2023 9:46:02 PM
From: GROUND ZERO™1 Recommendation

Recommended By
Machaon

  Read Replies (2) | Respond to of 222099
 
This could take these markets down...

Households don’t have enough money coming in, debt levels are soaring, delinquency rates are rising, and tens of millions of Americans are just barely scraping by from paycheck to paycheck...

The truth is that economic conditions are rough and are deteriorating a little bit more with each passing day...

9 Signs That The US Consumer Is About To Break

zerohedge.com

GZ