Dow below 12,000 — do I assemble out 11,000? Yes I do!
Earlier in the week I posted about finding the market bottom using that age-old handheld calculator, a white paper serviette. So, unfortunately it looks like I may be right again. Not precisely something I was hoping for, but whether it has to be, it has to be. I wonder whether my old serviette can outperform Wall Street super computers?
Is that an auction to the bottom? Are investors bidding things down instead of up? Looks like it from all the negative sentiment. Consumer sentiment is down, and
And here is the all-telling sign of capitulation: the ever-lying overly optimistic government is starting to confess how naughty things are and throwing hundreds of billions of dollars at the problem. When does the turnaround come?
Continue reading Dow below 12,000 — do I take in 11,000? Yes I do!
Original post by Sheldon Liber
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