Right, what happens next?
Was that fall a one off correction for now or the start of something more severe? We don’t know to be sure although my feeling is that through September it goes lower still…. This evening I am not sure what to think…. Part of me thinks it could dump hard and part thinks they prop it and rally back up….. bit unsure so best out for now. I expected a dip but now that has happened I will sit on the fence lol. Just like a grocer.
Another question… Is the top in? I would reckon yes it is, as even if they unleash qe4 I can not see how companies are going to show any meaningful improvement in numbers. Look at Apple and Exxon, the two biggest companies both in bears, and struggling in their respective markets to grow or not decline.