Boy This Feels Familiar

1 ธ.ค. 2020

This upward madness sure feels a lot like the last days of the upward madness earlier this year. I don't know about a crash like COVID, but it does seems like sideways to downward movement would continue to December 15th when I would guess the FED will have some other crazy plan to boost prices for the Christmas season. One day they will use this as a case study of what not to do in a crisis. Perhaps the most important rule in money is do not spend it in a fearful panic-filled emotion, and that is precisely what we have done. It is only a matter of time before it catches up with us.

1 ธ.ค. 2020

บันทึก

Oh also, downward movements seem to often come in chunks of 7 and 14 (1 or 2 weeks). We are exactly 14 days away from that December 15th mark...coincidence?