Poolman's Account Talk

Thanks very much for posting these links regularly Poolman. In this video he predicts a dramatic move, probably upward, early next week but I don't hear him reaffirming we are still in a bear market as he has in the past. Did I miss an earlier video where he changed?
 
He still thinks we go lower ultimately, just a possible (POSSIBLE) uptrend short-term.

I'm not getting stoked until we break 1396, and that's a long way off IMO. Meanwhile, I think we'll gradually sift down into the 1200s and get comfortable. Earnings are being slashed and the market is overvalued.
 
I'm having difficulty reconciling this guy's sense of the next movement with Oscar's prediction of the other shoe dropping soon, caused by the lenders. I guess timing is everything.
 
It's a matter of a time horizon. Both are correct IMO. Tuesday or Wednesday will be/should be at least MY last day in the market for awhile.:o


I'm having difficulty reconciling this guy's sense of the next movement with Oscar's prediction of the other shoe dropping soon, caused by the lenders. I guess timing is everything.
 
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