Fascinating stuff isn't it. I always remind myself that listening to economists and financial gurus is like leaving your life in the hands of a weatherman, a 50/50 bet.
The only qestion I have is, how bad do they let it get before the big print kicks in. I am of the opinion that there is no way out, it's an inflationary bust until they rejig the financial system, which will be backed with hard assets IMO.
Is you abc correction just the first pattern in a combination correction? Don't know just yet, will they keep rates relatively stable during the crash / recession, then QE which causes inflation to take off. Everything Trump's trying to do now won't stop massive currency debasement, it's great in theory, but in reality it needed to happen 20 years ago, probably even more.
My thoughts on the upcoming $hit show come down to; what sector will be triggering the GC? All my systems only have a stock level trend filter, they might chop around a bit, catching the recovery from the beginning is much more important IMO than missing those early gains while the market is still in fear mode. I.e. how much do these specs rise before we get the GC signal, it's a lot in that first wave, but we need confirmation we aren't catching the knife too early. If you're sitting on the sidelines waiting for a recovery, you have missed the recovery.
