How will YOU determine that we have bottomed?

Why do we need Socialism for the Market? Did the Fed do this in the 1970-80s? Markets need to pull themselves up by their bootstraps!
I'm not talking about what they should do. I'm saying what they could do based on their past actions. In addition, they play lip service to being non-political, but with mid-terms coming up, there will be pressure on them. With that said, they're in quite a bind as lowering rates again could make inflation pick up even more--something they haven't had to worry about in many years.
 
Why do we need Socialism for the Market? Did the Fed do this in the 1970-80s? Markets need to pull themselves up by their bootstraps!

The 1970s were literally where this giant mess went on steroids.

Damn market just can't do a damned thing but go down. How will you make the call as to when its hit bottom and its time to buy buy buy? Its down SO MUCH, but I look at the charts and its only chewed through like the last 2 years of gains, it could go down SO MUCH more LOL.

When AAPL hits $95.
 
1. simply use a straight ruler.

2. place it on the NQ or Bitcoin chart touching the highs.

3. Ask the blind man whether the price has pierced through the
straight ruler or not.
If it has not pierced through, it is still on the downtrend.


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The market will always rise, though, just like the world's population.
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Hasn't the birth rate in most developed countries dropped below the population replacement levels? The Davos crowd flying in on their 1500 private jets wants population to drop to save the planet from climate change.
 
The 1970s were literally where this giant mess went on steroids.
I'd say it started in 1987 with the Greenspan put. Plenty of bad things happened in the 70s, but I wouldn't say Fed market manipulation was one of them. Stocks basically went nowhere from 1968 to 1982. Unless you're referring to the U.S. getting off the gold standard or something else?
 
I'd say it started in 1987 with the Greenspan put. Plenty of bad things happened in the 70s, but I wouldn't say Fed market manipulation was one of them. Stocks basically went nowhere from 1968 to 1982. Unless you're referring to the U.S. getting off the gold standard or something else?

Yep, gold standard. It's a continuum.
 
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