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To: chuck allen

I predict the market will blast higher for at least the next several weeks, so there won’t be a double top. Resistance, needed for a double top, comes from investors who want to sell to recoup their losses over the last two years. But changing dynamics from the Fed should bring in new investors which will cause the market to power through any resistance.


32 posted on 12/13/2023 2:18:43 PM PST by Chad_the_Impaler
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To: Chad_the_Impaler

Cutting rates (up to 3 times next year the FED said), creates cash that the market hopes gets invested.


38 posted on 12/13/2023 2:36:00 PM PST by chuck allen
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