U.S.
Stocks at this current juncture for the market to return to its mean would
require a 50% decline! At bargain range
will require a 65% decline. U.S. Stocks
remain MASSIVELY OVERVALUED!
Sentiment Changes
Smart Money - Buys Aggressively!
Capitulation
Despondency
Max-Pessimism
Depression
Hope - Silver F
Relief *Market returns to Mean - Short Term Notes & Bills or MMF
Smart Money - Buys the Dips!
Optimism - Swiss Treasury Securities
Media Attention - Gold
Enthusiasm
Smart Money - Sells the Rallies!
Thrill
Greed
Delusional
Max-Optimism Residential Real Estate - Stocks
Denial of Problem -BitCoin
Anxiety
Fear
Desperation - Long Term Bonds
Current Economic Conditions
Prosperity - Moderate
Recession - Shallow
Deflation - None
Inflation - Moderate
Economic Choices
None
Shallow
Moderate
Prominent
Extreme
During this run up in stock prices if the Dow Jones hits 50,000 I would
expect major cheering by Wall Street marketers to aggressively pump up the
virtues of stock ownership for an opportunity to dump (sell off) their massively
overvalued merchandize.
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