The Market Perspective: Short Term Rally Ending

The Great Depression

Benjamin Roth: The Great Depression: A Diary
It's all here, times change people don't -the endless govt programs that fail to stimulate the private sector -the ups and downs of the economy, the veterans pension stimulates just as the housing credit did, until of course the money runs out -Roth is a attorney in Youngstown Ohio who kept a diary regarding the economy from 1930 until WW II breaks out, he is objective, candid, and forthright which is more than we get from Washington DC now or then highly recommended

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Bought And Paid For

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How Wall Street Backed the Administration and Got What It Paid For

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August 02, 2022

Short Term Rally Ending

tuesday Aug 2 2022

I suspect BRKB is a the best indication of where the market is really headed, and it is now topping.

I think we have fnished wave A of Wave Two. We are now starting on Wave B. This will be followed by a Wave C up into Sept Oct. That will give all a sense the bear market has ended, it has not. We will see lower prices later this fall.

Big Picture

Wave One of the Bear market started Nov 2021 - Jan 2022, It ended in late June. We are now in Wave Two and have completed Wave A up. Wave B down follows and then a Wave C up which will be th chance to be seriously on the downside.That will be wave Three. Kenneth

The Market Perspective

Market Commentary by Dennis Elam dennislelam@gmail.com

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