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[Meme]

Re: Tech wreck,,

Well that article just made too much damn sense.

Incidentally, in case nobody else has heard, Abbey Cohen called the bottom of the market a couple of days ago. I also heard another analyst say that he, too, thought this was the bottom and that historically, since 1920, six consecutive rates cuts have always proceeded a boom in the market.

Yet another said today, that once these rates cuts filter down and the average Joe gets fed up with ridiculously low CD and bank interest rates, they always jump back in the market. Typically, it takes six months for the cuts to start to be felt.

Based on that, the first rate cut came in January. Six months is up. This would leave one to believe that the next six months should see a slow rise up again, hopefully picking up real steam by the end of the year.

Meme