24/10 Indices, page-7

  1. 11,654 Posts.
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    Sorry bud you forgot the bit about a recession won't go into details as fundamentals and economics get thrown out by bulls as I discovered yesterday banging my head against a wall lol. And most bulls are "covid traders" so don't understand bear markets as "markets only ever go up".

    If Art Cashin says two weeks, I would work on that then the bear market resumes? But I agree should be a tradeable bounce if it holds. Sorry but can't see a Fed pause with core infaltion (real inflation) at its highest levels. A non voting member trying to get their name in the press or for whatever reason (maybe a bull trap) should be taken with a grain of salt.

    And no offense bud but a 5 year "bull market" won't happen through a recession which seems the most likely outcome as things sit.

    P.S. I know Art Cashin better than anyone as I followed him for the last 14 years roughly, before most here even saw a stock. Bulls need another pandemic if they want all times highs again I would think. Good luck.
 
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