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RE: Stocks deadcat bounce, CNN claims it was a GOOD week!

in SteemLeo5 years ago

What a post! I agree that the collapse has been imminent for several years and the central banks have been doing whatever they can to keep pushing it off.

Monday we will get a nice bounce up as relief buyers scoop up cheap stocks but over the course of the following year there will be more hot air escaping this balloon.

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Yes, there will definitely be large up days (and even weeks) during the bear market, but IMO, that's what has begun now, a new bear market for stocks. And the way down can be faster than the way up.. and this time there's a LONG way down to go. By design.

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