Well, so far it has still been a long and fairly smooth free ride for those who stayed on the bullish bandwagon since 2009. Yes, it's been choppy since 2018, but regardless, we are now sitting once again at market ATHs!
So, I suppose it is time to snidely say, "I told you so!" to all those poor bears who have practically emptied their pockets over the last 3-4 years.
Or is it? What about those big red circles on my chart? BTW, the red rectangles are 90 year cyclical danger zones. Do they matter?
Meh. I think many would say, "Who cares? Powell has our back."
I prefer to respect those signs as *big yellow caution signs". Maybe even red...
So, I suppose it is time to snidely say, "I told you so!" to all those poor bears who have practically emptied their pockets over the last 3-4 years.
Or is it? What about those big red circles on my chart? BTW, the red rectangles are 90 year cyclical danger zones. Do they matter?
Meh. I think many would say, "Who cares? Powell has our back."
I prefer to respect those signs as *big yellow caution signs". Maybe even red...
Comment:
By the way, the red rectangles there are 90 year cyclical danger zones.