Artycharty
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In this market who the hell knows.What is your view of the FTSE tomorrow and next week? Is this rally going to continue?
Lets take a long term look at the dow. If we look at where this tsunami of money is coming from then we might see how its going to pan out. If the bankers snaffled most of the $6Trillion dished out in 2020 (which is highly likely) and they are putting it all into the market then we could look back to 2008 to take an educated guess.
2008 FED starts printing $3.7 Trillion, market goes up from 6,500 to 29,500 in about 12 years.
2020 Fed prints $6 Trillion so this could go on for at least another 5 years so next week its probably going to go up ;-) .
Given that a look at the charts shows THE BUYING NEVER STOPS (its just punctuated by SMALL bouts of selling) this has loooong legs.
Don't forget its Friday.Very true Postie. We could be looking at 40-50k on the Dow in the next 3-5 years. The market does what it wants, not what u want!
No need to fret the pre market just opened and the shares leapt $2 or 2.5% immediately.I'm getting worried.
11 hours have passed and Tesla shares haven't gone up another 5%. 🙄
Everyone seems to be ignoring the dollar now its climbing? 😕This HAS to be the blow off top.
The dollar is going ballistic the dow cant hold on to these gains much longer.
No need to fret the pre market just opened and the shares leapt $2 or 2.5% immediately.
Tesla
Tesla has literally gone up in a straight line since the beginning of this year😳