Quote:
Originally Posted by lamboguy
this projection is only for this leg down. much more downward pressure to follow.
bear markets don't usually go straight down, this one looks like a big mess to me.
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This one has been going down for 9 months.
Mutual funds today hit the highest levels of cash they have ever held. What does that tell me? It tells me that once this market feels like the end of bad news is near you better be positioned properly. Where ever the bottom is you aren't going to get very long to buy it.
Bonds will go first, they will bottom before year end, and by January 31, 2023 they will be up 15%.
