Prior to getting banned/suspended, I said that economists are tipping end of the cycle, and that the smart money is reducing their equities exposure.
I was laughed at, and my industry experience question as was my TA.
how'd that play out guys? Hopes and dreams don't pay the bills neither does gambling.
For those starting to see that the rampers here know very little, and the down may be right. here's some caution for you; Dow approaching critical support at 200 day exponential moving average, It breaks and all bets are off. Tonight is the decider whether Monday we open in panic or you get a chance to ride one more bump before it really hits the fan.
Pro's are cash rich now, it's retail bleeding the losses and the Pros won't come to save you they'll wait until it's truely hit the bottom and then slowly buy it back up without you noticing.
dyor as the info here is well below any moving average.
gl