Trust me...when the SPY gets back to 400 there will be chaos everywhere .....they can't even handle a 10 point drop imagine a clean 100 point drop straight to 400??? Forget it.
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Forever Bull Market
- Thread starter v-shape-0DTE
- Start date
Trust me...when the SPY gets back to 400 there will be chaos everywhere .....they can't even handle a 10 point drop imagine a clean 100 point drop straight to 400??? Forget it.
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SPY 400 lol, forget that, this a forever bull market, we are in a new paradigm of AI fuelled hyper productivity. After this short skirmish in the middle east is over, we are heading straight to SPY 600 and then 1000 in just a few years times.
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Lol. I always said Baron should sell merch. ET tee-shirts, "Elite Trader" coffee mugs etc. Give half the profit to some charity from a list the members get to vote for annually.
Wow we are at levels not seen since Wednesday. Still closed above the 50 day MA. Still above the close from Wednesday. Just a lot of chop this week.
QQQ had it's third red week in a row and they've all been really shallow drops. A whopping -2.20 this week. The vix did rise a bit today.
We all know Monday will be a flat waste of time day so let's see what happens on Tuesday. That will be important. 4 straight saves off the 50day on QQQ.
QQQ had it's third red week in a row and they've all been really shallow drops. A whopping -2.20 this week. The vix did rise a bit today.
We all know Monday will be a flat waste of time day so let's see what happens on Tuesday. That will be important. 4 straight saves off the 50day on QQQ.
WTF??!! It's becoming very obvious you don't know how to read the chart properly. Why don't you get your head out of your ass for once and see it for what it is?
Look at this chart of QQQ. It tried to break above the high (dotted line) not once or twice, but 5 times. And every time, it was rejected and pushed back time. What the hell does that tell ya? We might not be going down, but we hell ain't going higher either.
So you don't believe at all that the s&p will ever come back to 4000??
How about 4500?
So you would say 6000 and then 10,000 on s&p and by when would you assume these gains?
6000 by 2025 and 10000 by 2029 2030?
Yeah those sound about right.
But, seriously i dont expect that to happen with high probability, but it is not out of the realm of stupidity.
Remember the markets can stay retarded longer than the shorts can stay solvent.
We bounce off support around 4900.
If the Fed is forced to raise rates we could go down to 4000 or lower.
Or some black swan event we cant forsee, then we could go down to 3000.
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