The Market Perspective: The Bear Market Arrives, It is 1968 / 1973 All Over Again

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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« Energy Shares Succumb to Sell | Main | Energy Fuels the Economy »

April 15, 2024

The Bear Market Arrives, It is 1968 / 1973 All Over Again

Monday April 15, 2024

This stair step pattern, big down and a rebound and then a fall again will be repeated for the next two years.

I exited several of my oil energy picks today as in a bear market all news is bearish.

The Chicago Dem Convention of 1968 elected Richard Nixon, the Chicago Seven who intentionally arrived to create a riot will be mirrored with Palestinian protestors in 2024, they were in multiple locations blocking traffic on the Brooklyn and Golden Gate bridges today.

I thin as I said this weekend that trying to play stocks is hopeless. They will all decline. We need to concentrate on

HDGE a bear stock fund

TBF a bear bond fund

and forget everything else.

Here is what I mean, TBF 30 min chart

See what I mean?

Posted at 04:51 PM in Bonds, Energy | Permalink

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The Market Perspective

Market Commentary by Dennis Elam [email protected]

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