Loading ...for today-namely, that we don’t recover to down slightly or even green…and that the DOW ends down 300 or more points by the close…as for Friday-the weekend of Fiduciaries fretting–and a panic opening plunge on Monday…that remains to be seen–right now we gotta get thru the day.
Fiduciaries [aka money managers] have been cavalierly calling for and praying for a correction so that they could buy the stocks they missed…or add to their current holdings–let’s see how brave their talk will be!
Calling stat emergency!! Dr BlacK Rock! Dr Goldman! Dr FED—mobilize your-[literally]—$trillions$ and step in right now and buy unlimited stock index futures…PLEASE-!
The current dialogue is that we are through the crash season and this is the strongest time of the year for stocks. Historically, that is correct–but a lot of traders and fiduciaries have booked a lot of profits and if they exited the mkt. now they could show a great year–so, inspite of the seasonal factor, the potential to panic is still IMMENSE.