The Market Perspective: You Can't Say I Have Not Warned You

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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April 04, 2024

You Can't Say I Have Not Warned You

Thursday 4/4/2024

My latest comment was that March 31 was the probable high of the market. Today the DJIA had a whopping range of 862 points, high to low.

Yes the sell off started at 2 00 PM CT when Biden's phone call was released. But there is always a real world event to validate the technical picture, in this case, the market has completed five waves from an Elliott perspective dating to 1932, 1948, 1974, 1987, 2002, 2009.

The DJIA rolled over to a PAR SAR sell signal on a massive sell off.

As stock markets tanked, one market rallied, oil. This rally in oil and decline in stocks will dim Biden's chances or re election.

Everything we have told you has come true, more this weekend after the weekly close tomorrow.

Posted at 04:41 PM in Elliott Wave, Energy, Socionomics, Stock Market | Permalink

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The Market Perspective

Market Commentary by Dennis Elam [email protected]

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