well, guess that's it for today. I'll present my witness tonight arguing for a strong rebound tomorrow but guaranteed lower close ahead. well, generally. thank you guys, I'll see you tomorrow. May the force be with you!
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john hussman has a list of conditions that have preceded or coincided with recessions 100% of the times:
10 yr treasuries below 6 month ago-V, spread 10 yr-3yr bonds smaller than 3.1%-V, ISM manufacturing under 54-V, nonfarm payroll growth less than 1.3% from a year ago-V, a widening in spreads between corporate and treasuries from 6 months ago (i use barron's confidence index instead)-V and the last- equity markets lower than 6 months ago- on the verge.
Just finished reading here. It's one of my daily homework now. learn a lots since join this forum. Thanks Cobra.
too busy at work and most time I couldn't follow up every post here timely. But I realize that reading posts here, even after work or after market, helps me greatly.