Markets: Wreckage and After-Mess
by George Ure
September 13, 2022
https://urbansurvival.com/markets-wreckage-and-after-mess/

[snip]

Here are the bullet points, as we see them:

• The market is due to rally and the low could come anywhere between the close today and Thursday – but this is only mentioned for “entertainment porpoises” (see world?) and it’s only the ravings of an old man in the woods of East Texas.
• That rally might come as a covering rally Friday.
• But things on the 19th, around burial time for the Queen could become dicey. The U.S. has pissed off many countries over the years and with heads of state coming in for the funeral, it’s a security concern. Remember the source of World War I was the killing of the Archduke, right?
• What Europe doesn’t do, the Fed may – their rate decision is a week and a few hours away. Driving by data sets is a form of driving in the rearview mirror. They may not realize it in time.

...1929’s version of Sept. 3, 1929 came and went largely without notice (except here, of course) on November 8, 2021. We are not yet to the analog of the October 1929 crash. Almost two months off, yet. Cycles may be self-similar, but the speed of life, communications, and evolution of market asymmetries are completely different. The “angle of the dangle” and the heat of the beat sort of thing.