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Started By
Message
re: Whats everyones outlook
Posted on 11/24/22 at 2:22 pm to lsuoilengr
Posted on 11/24/22 at 2:22 pm to lsuoilengr
HKRS
YAYO
YAYO
Posted on 11/24/22 at 6:41 pm to Guntoter1
quote:
market will wobble in upward direction until christmas.
After that
market will retest lows but won't go lower.
All of this is barring major unexpected news.
Will I ever find love?
Posted on 11/24/22 at 7:15 pm to I Love Bama
The lows aren’t in yet- spring 2023 gunna be interesting
Posted on 11/25/22 at 5:45 am to Niner
quote:
Doesn't matter how many times it's said. Everyone always wants to predict what the market will do based on current economic conditions. That's not how markets work.
Markets are forward looking. They also have already started rebounding well before headlines catch up. They crash quicker and rebound quicker than the economy. It's why timing the market is impossible.
Well then we should be much much lower right now. The economic pain is just beginning. In fact, one could argue the economy is still relatively strong. I think q1 2023 sees a 10-15 retrace to test lows. Small bounce around but ultimately continue stair step pattern down and finally capitulate in q3 and put a bottom around 3000 for the s&p.
We still have companies like caravana out there…
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