RE: ☯ Severe Recession Alert: The TSP Indicator is showing a strong signal and possibl... (Posted: 12-04-2018, 07:43 PM)
(12-04-2018, 05:30 PM)WhiteAngel Wrote:(12-04-2018, 04:05 PM)Cryptic_Mole Wrote:(12-04-2018, 03:38 PM)WhiteAngel Wrote: DOW down 688.31
Sure doesn’t look good
Long term it really doesn't mean much. However, if and when the DJIA Dow Futures closes below 24000.0 for two days in a row, that's when you can start considering a possible reversal. Remember, I did say, possible! I will even be so bold as to say, not probable for now.
That said, and when keeping in line with this thread's title and said TSP indicator topic of recession within the next 1-5 quarters, things will most likely change for the worse at that time. There have been other times when the TSP signal held off for as long as 12 quarters, and that's three years so that would fall during D Trump's second term if so.
I think we all know, just common sense on this one, that when Trump is out of office, either in 2020 or 2024, then we are heading for a world of hurt. Dims will take over and the Hand that has held back the evil will be removed. I can't see another Rep being put in after Trump, not even sure we can keep him in there in 2020. The markets are crap and if they tank before 2020, the bad economy will be blamed on him and he won't be elected.
That is their plan!
☯ * We Spend So Much Time Thinking, That There's Barely Enough Time Left For Doing! ~cm ✡
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