RE:RE:A flush is comingThe market did today what a lot of talking heads (ie. Cramer) thought would not happen. The June low got wiped. I always believed the covid cream needs to get cleared and then some. The bear is back for now and we could overshoot a bit more.
Next up is the CPi and jobs report. CPI needs to be in the 7's and jobless up or else we are going for a bigger deep dive.
mouserman wrote: Well you were right about the flush, but its a general market flush.
HFD was the play, but i didnt bite this week.
flamingogold wrote: Can't stay elevated for too much longer when the under lying equities and overall market are sinking.