I agree, ok, so there's your 20% rally coming right up.
But let's use the time productively, by mapping each city burning with the corresponding Dow level, I am consulting my LTV chart overlaid and proprietary "colored" chart on top of US map here and I believe it should work like this:
8500 - Compton + LA
8499 - Central Valley + Las Vegas
8250 - Miami/NYC
7600 - Baltimore/NJ/Southeast DC
Unfortunately I don't really have a good time frame for the numbers on the left column as you have your own trusted blogs to get those from, but once you do, you may plan your vacation accordingly.
Of course there IS a point in the left column that you may want to buy one way tickets for reasons that I don't have to explain. It's usually cheaper that way too.
Edit #1 : I think we'll get a riot tomorrow. Yes, (sigh) this is another crash call after the one I make yesterday which likely burn both bears and bulls today. This cornholing looks like gonna be epic.
|1 YEAR |
NASD/Bloomberg Investment Grade U.S. Corporate Bond Index
|Avg Redemption Yld||8.56||0.33||4.05||17:22|
|Totl Rtn Index||117.89||-1.48||-1.24||17:22|