Monday August 15. I’m thinking the psychology in the market could very well be, “Well, we’ve been through the worst of it, and we survived it. Nothing
that comes at us now can be as bad as the debt ceiling crisis.” So it’s heads
up from here. Give it about 7 trading days. That would be Tuesday August 23.
I’m getting money out of a retirement account. So I would be better off if these
low prices hang down for two more weeks.
Look
for a quick 1000 point run-up in the Dow, minus 200 points just for the all the
uncertainties = 12,069.
About
Economic Indicators: The experts look at leading economic indicators to
make economic forecasts and predictions. Nobody’s crazy enough to try to
predict the stock market. That’s why we have to do it ourselves! Haha.) But
seriously, we should talk about them sometime. I will try to make sense of them
with you, OK?
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