This is a syndicated repost published with the permission of Stool Pigeons Wire at Capitalstool.com. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.
It was 60 years ago, during the Cuban Missile Crisis when I felt my first loss of innocence, and became acutely aware that the world was not a safe place, that terrible things could happen, from which mom and dad could not protect me.
The second time was 59 years ago.
I was in junior high and the principal came on the PA system, told us that the President had been shot and that we were being sent home early. I ran home and turned on CBS News and watched as Dan Rather reported from Dallas and Walter Cronkite reported from his desk in New York. I vividly remember Cronkite removing his glasses with a tear in his eye, announcing that the President was dead.
And that’s the way it was. 59 years ago today, November 22, 1963.
In case you are wondering, BTC has a short term cycle projection of 15,000, but I see no reason why it wouldn’t get to the 9 month cycle projection of 13,500 over the next week or so.
Of course, the long term target remains 5000 below zero.
Click the links below for moron the markets.
- Stock Market Is Grinding Through Resistance November 21, 2022
- Fed Policy Will Stay Bearish Until It’s Too Late November 20, 2022
- Golden Surprise November 15, 2022
- The Repeal of Rule Number One, Don’t Fight the Fed November 14, 2022
- Bond Market Rally is Technically Valid but Belies the Facts November 12, 2022
- Bad News for the Markets – Not Just Withholding Boomed in October November 3, 2022
- Surge in Withholding Tax Collections in October Indicates Faster Jobs Growth November 2, 2022
- Bear Market Isn’t the Mirror of a Bull October 31, 2022
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