Poolman's Account Talk

Thanks Poolman, a "W" resession and not a "U" recession. Hmmmmm.
Christmas = Bah-Humbug ! I might have missed the normal uptrend
prior to the National Election. September/October might hold value,
but it dosen't appear to be a very good outlook otherwise. At least
wages are under some control ! :confused:
 
Thanks Poolman, a "W" resession and not a "U" recession. Hmmmmm.
Christmas = Bah-Humbug ! I might have missed the normal uptrend
prior to the National Election. September/October might hold value,
but it dosen't appear to be a very good outlook otherwise. At least
wages are under some control ! :confused:
I think naming it the "W" recession is very fitting.;)
 
In this video for the night of 8/12, he predicts $100 oil earlier than first thought, now well before the Nov election, and also predicts a market "turn date" in early Sep. He's not ready to predict the turn direction.

However, with the prediction of $100 oil, isn't it likely to think the direction will be up for the C and S funds, and thus wiser to hang in on them, prepared to sell before resumption of the bear market?
 
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