RE: Are Stocks About To Pop or Drop? (Chart Pattern) What do you think? By Gregory Mannarino

You are viewing a single comment's thread from:

Are Stocks About To Pop or Drop? (Chart Pattern) What do you think? By Gregory Mannarino

in money •  8 years ago 

If the market drops by over 1000 points,the Fed will come to the 'rescue' by not raising rates and having forward guidance of not raising rates in the near future and if things really get bad they may launch QE4 probably in a stealthy manner.I forsee the Dow in the next few months moving much higher due to possible Fed stimulus described above.Also lots of money sitting in the sidelines not invested in the stock market.This money may come in if they see a major move up in equities (and smart money going into precious metals and PM stocks)and Dow could go beyond 25000 before eventually crashing.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!