zenalgorithm

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  • Bear Bottom Yet to Be Seen - Barron's
    If this market doesn't doesn't decline at least 20% more, I see a stagnate market developing for at least the next 5 years. Oil $ is too much of a burden. There's no reason to be holding long positions in this market until at least that 20% additional correction comes.

    I expect a major decline coming within the next 8 weeks to a new lower trading range. Bear market charts make a major move lower to a new trading range about every 6-7 months. The volume will inevitably dry up late summer.
    Jul 27 23:40 pm |Rating: 0 0 |Link to Comment |View article

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