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Posts by "daveo"
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Posts Total by "daveo":
512 Posts by Anonymous "daveo":
Skipper, in so far as I can gather dat Mauldin bla dreadie of yers sayin both will be d'assters, just different disasters. Result doesn't matter cos presidents have no power. Subject to "events dear fellow, events."
What matters is what congress enacts after the election. Me, I know nufink. I shall be watching closely from the canarias, hope they grow some rum there.
Maybe stocks need one more push to new highs before one of two options commences. Option 1 is deep correction of at least 50% over short period of maybe 3 years. This is the preferred option. Option 2 is prolonged period of broadly sideways action for maybe 8/12 years. Making predictions is fun so long as we don't take ourselves too seriously.
@groove, last post I saw from Ashraf was expecting EU to 1.3450's subject to certain caveats ref ECB and Spain. Support at the 200 dma which currently lies at c.1.2800 on my chart. If you scroll back in this thread you will catch what he said.
btw your SPX read better than mine !