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The Market is Down 9/28/21

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On 9/27/2021 at 11:47 AM, jp6 said:

C wave went up more then expected. By today or tomorrow all upside will be over. SPX around 4485/4495

(SPX around 4485/4495, Done already or few Hrs after market opens.)

I believe top is already in on Dow which was on 16th August. Today is 29 trading days from top.

If one look at the McClellan Summation Index it's under Zero where bad thing does happen. All it need is another push down and waterfall will begin.

 

 

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25-sep 2021.png

 

28 sep 2021 Morning.png

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We need a brutal depression.

Wipe out all the bad loans and bury the bankrupt holders & originators. Forever. Under a fresh mound of salted soil.

Pile high an insolvency pyre: use the politicians & the central bankers as kindling and ignite it with a flamethrower.

Wipe out all the millionaires & billionaires whose vast wealth originated from purchase of financial securities. Let them join the bulging ranks of America's underclass. Let them go hungry. And worry... endlessly... day to day.

And from the wreckage, let us rebuild something of substance that pays tribute to the inheritance we mindlessly pissed away.

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