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Replies to post #15296 on The TradingEdge
spdpro
10/07/11 12:31 PM
#15297 RE: blacktruck #15296
Meg J
10/27/11 3:27 PM
#15559 RE: blacktruck #15296
SilverSurfer
06/19/12 6:43 PM
#23197 RE: blacktruck #15296
Belek
12/20/15 10:10 AM
#28632 RE: blacktruck #15296
On December 8th, 1965, the Fed started a rising interest rate cycle in a slowing economy, which was promptly followed by a 26.5 percent stock market crash that started on February 9th, 1966, two months later. The ivory tower dopes continued to arrogantly raise interest rates six more times as the stock market plunged for six more months in 1966. The stock market was finishing a Jaws of Death pattern at the time the Fed started a new rate increase cycle, like it is now. It was a bad decision by the Fed then, and is a bad decision again now. Dr. McHugh, technical indicator Inc.