SMC Update 3-1-22

03/01/2022


Comments (4)
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brian1469
brian1469

Thanks Peter really feels like everything is being held up by a thread

daniel039209
daniel039209

what would you consider a "big enough" rally to take away some of the downside projections? so far today we are above allthe 10 dma on your highlighted indicies, and up against last 3 days highs? thank you if you have time

brian1469
brian1469

bbrentpb465 said:

Seems like markets can not make a decision. How much can we rely on the projections given the ossatioms

Totally this market really isn't worth trading right now

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brian1469
brian1469

Peter I want to bring up again 1973 you brought it to our attention at the beginning of the year. I believe we are on this path. Really starting to look like it with the massive inflation and international issues to go along with it.

Also I know our Analog didn't play out on the crash but I still do find it very interesting that Russia's markets collapsed in the timeframe we were looking for.

Also just looking up the history of 1973 and 1974 this sounds like today.

The OPEC oil embargo was an event where the 12 countries that made up OPEC stopped selling oil to the United States. The embargo sent gas prices through the roof. Between 1973-1974, prices more than quadrupled. The embargo contributed to stagflation.

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