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S&P 500
5,186.33
(
-3.00%
)
US TECH 100
17,623.20
(
-1.82%
)
Dow Jones
38,703.27
(
-2.60%
)
Brent Oil
77.16
(
0.05%
)
Bitcoin
54,799.76
(
-5.27%
)
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OldAIMGuy

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OldAIMGuy

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Re: OldAIMGuy post# 46513

Thursday, 04/06/2023 4:37:30 PM

Thursday, April 06, 2023 4:37:30 PM

Post# of 47174
Quote from Elaine G:

"The markets don't go down because of (only) overvaluation. You have to have the FED tighten as well....."

Well, what does this say about the current situation? We have seen a year of FED tightening and a market that's been, by Elaine's consideration, overvalued. Maybe that's why 2022 was the way it was!

In the words of Paul Carrack:


Best wishes,
OAG Tom

Buy from the Scared; Sell to the Greedy.....

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