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gdl

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Alias Born 12/18/2012

gdl

Re: gdl post# 44651

Wednesday, 06/10/2020 4:35:24 PM

Wednesday, June 10, 2020 4:35:24 PM

Post# of 53410
FED expects contraction for all of 2020 at 6.5 %.

Now the great news. 2021 should be up by 5%.

Do the math and we get? So much for the immediate rebound.
Digesting the news everyone? The market spike move for last 2 days for the NASDAQ looks and smells like a blow off of some sort. Will know tomorrow.

I see a "normal" rebound from a 2 day drop or more likely the sobering message form the FED sinks in and with it sinks the market.

I am looking for a 120 point SPX drop tomorrow. Big prediction but pone that makes sense if we are about to witness the next leg down.

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