RE: Copper9 Aug 2020 12:57
Roydon
Long term strategy was to buy several companies paying a decent dividend,but alot of them have now stopped paying them,so I am just waiting
I know nothing about Elliot Wave I only know the principle of it but I have been following some who are more experienced in it and they are saying it's levelling out and they cant decide if we are already at wave 5 for the downturn or we will make a new high on the S and P somewhere in the 347 region.
Whilst companies like Apple,Facebook,Tesla etc are going mad it will go higher but once the stimulus stops who knows what will happen
To me it's a bit pointless in the USA of having a Senate etc when the president can just sign an executive order to overide any discussions.It will all be different when Biden gets in.