Post
Topic
Board Economics
Re: Is the US stock market going to falling into a correction?
by
exstasie
on 08/10/2018, 22:32:30 UTC
It's definitely been feeling like the irrational exuberance stage of the rally. But hell, it's been feeling that way since this time last year. Cheesy

I honestly wouldn't be surprised to see another leg upwards, looking at the 1-month chart. Alternatively, I think there should be another attempt on the recent highs before any serious correction.

I'm out of the stock market though; it's feeling too risky for my taste. My cash is moving back into the crypto market, and my retirement accounts are in cash. I'll buy into the blood whenever it happens, whether that's months or years from now. Much more interested in trading crypto once BTC breaks out of this sideways pattern.