It will be time to buy the crap out of everything in a few weeks when we dip 10%. From there we rally for 3-6 months to new ATHs, then bear market for a year or two, maybe longer. Can't find much in the way of patterns, except a little bearish div.
I'm curious whats gonna happen after the stim news. I shorted this today and it was looking great before the giant pump. went from looking really good to not good real quick.
wordsforthewise
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@Jonscott31, hahha yeah the fed noticed the market was going down and so pumped it with bank news by giving them more free money and allowing stock buybacks. Stim news will actually be bad but they will frame it as "close to a deal" like the trade deal and stim. We could go up another 10% or even more before a correction, alhtough DJI and IWT look ready to correct (and TSLA). Also there is more vaccine pump news coming sunday night. Sunday night futures are almost always green, they will release a bunch of good news to pump the market as usual. I've heard wall st needs stock prices high to max their bonuses, so we probabyl rally into the new year. The correction might not happen till Jan, then we could easily get a 2000-style doubling of the market in 3 months, which would be the top for a while