Why Dow 28,000 could mark that ‘blowoff top’ bears have been predicting – MarketWatch

Why Dow 28,000 could mark that ‘blowoff top’ bears have been predicting – MarketWatch

And with that panic, Smith believes that the recent pop to new highs in the stock market could finally mark that elusive blowoff top.

“The financial media is loudly declaring the current blowoff top in stocks is not a blowoff top,” he said. “The delicious irony here is these denials are reliable markers of blowoff tops: the louder the denials, the greater the odds that this is in fact the blowoff top that many pundits have been expecting for some time, but always in the future.”

Smith pointed out that the media denied it in the fourth quarter of 1999 , and then did it again in the housing market in 2006. Even well before that, the pundits clearly weren’t expecting the market’s rally in 1929 to turn into what it did.

That’s the thing about blowoff tops, they’re a lot easier to see in hindsight.

via Why Dow 28,000 could mark that ‘blowoff top’ bears have been predicting – MarketWatch

There is no panic in the back rooms. Nope, not one little itty bit. Believe Trump, who is the biggest, bestest liar of them all.

One thought on “Why Dow 28,000 could mark that ‘blowoff top’ bears have been predicting – MarketWatch

  1. This comment will be censored by the panderer
    -Donald fuko the clown and Nancy Pelosis -Dow Fake Lethal Nucleoape bubble

    -After the bloody coup in bolivia pulled off by the CIA . It benefitted the wall street oil and mining co intereats and only them
    -After space x announced it will push ahead with launching 55,000 rockets, puting gigatons of the worst space junk and shit in orbit, so that 5G can fry everything that is left on earth
    -After fuko reboots a cold war that has caused a nuclear missile
    explosion in russia
    -To subsidize 96 shitty reactors ready to explode
    -3 trillion for a New ICBM nuclear missile systems and thousands of plutonium pits to upgrade the nuclear arsenal
    -Billions on bullshit SMRa for evil brain damaged, crackheads Bezos and Gates
    -Billions upon billions for Boeing . The company that purposely makes jets they know will crash. Refuses to cleanup santa susana.
    More tillions for all the other MIC-Nuclear, whores in radioactive shithole america while refusing to clean up santa susana or any of the most radioactive messes in the world in america
    -Billions to Trillions for Holtec a foreign SHITHOLE company to store hundreds of thousands of tons the worst, dirty-bomb nuclear waste in ahoddy Cesium137, cobalt60, Strontium 90, Plutonium in 20 ton thin-skinned container, parking lots across america.
    -Billions upon trillions to make Hanford, the Idaho National Atomic Laboratory, Los Alamos Worse

    Kissinger, Perry and fuko , pelosi, mcconnel have stakes in Waste management solutions

    This fuker murdered millions in Cambodia Laos Vietnam. If its thousand reactor dream, had came to fruition everything would be dead before fukushima from all the nuclear waste and nuclear meltdowns yet the atupid evil fuks continue to push this shit

    Evil shit Dickey
    “Elsewhere, President Nixon called for the construction of 1,000 new nuclear plants in the United States by the year 1980, complete with federal funding of new initiatives, public-private partnerships with major energy industries, and regulatory reforms and exemptions to expedite the process of construction. Unfortunately, due to a failure to marshal significant public support for the nuclear side of the energy plan and the untimely occurrence of Watergate, the nuclear plans went largely unfulfilled after 1974.”


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