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Agoura Guy

08/19/20 7:26 PM

#7306 RE: farooq #7305

The market is like people on the deck of the Titanic being squeezed into the part above water before the entire ship goes down.

There is nothing holding this fraud market up except for the unsustainable Fed printing, and as of today they don't seem to be too eager to keep this up. Post election I expect the bottom to fall out. The bounce of March lows is from massive Fed balance sheet expansion while the underlying economy collapses.

Patience is a virtue. I will wait as long as it takes for the inevitable to happen.