Why don't you take all your money and short NVDA since you believe it should be trading at a 10 P/E. It should be easy money according to your well informed take.
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
You might get your wish. I'm done with this place. Not going to waste my time arguing with idiot trump supporters. This forum is a waste of time.
Dont go, just put all the annoying posters on ignore/block.
It would please both me and the forum if you would leave this place., because you are just too stupid to stay here.
After all, during the next bear market, like 2022, when you were nowhere to be found, we will castigate you, and shame you,
Fly away V. Fly fly fly.
Is this your own personal forum? Who the F do you think you are? You are a bitter old man, yelling at everyone. Sorry your life is so miserable.
IMO, the weekly high of the S&P is done.
I'm waiting for a safe short entry, most prolly near Tuesday noonor by Wednesday latest.
Anyone who is buying now, good luck.
Yer gotta have balls of steel
Rationale?
Markets tend to make the weekly high on NFP or the day prior. At least in June.
This is according to a method I created.
It isn't bulletproof but good enough to catch the big moves.
On a weekly chart the daily bars don't come into it. Its a block of 5 merged bars.
You could be right, but until the method is proved wrong I'm following it.
This is according to a method I created.
It isn't bulletproof but good enough to catch the big moves.
On a weekly chart the daily bars don't come into it. Its a block of 5 merged bars.
You could be right, but until the method is proved wrong I'm following it.
Cool. Let's see how it plays out.
The weekly pattern I'm anticipating is dip today and possibly tomorrow before an end of week rally into NFP. That's purely based on general statistics, so I'm not uber-confident on that basis alone. But that's the general roadmap for now.
From January 4, 2024:
The others who had missed the rally last year posted similar doom in other threads.
Dow Jones - 37,510.0 37,540.0 37,430.6 +79.8 +0.21%
S&P 500 - 4,706.1 4,717.0 4,697.6 +1.3 +0.03%
Nasdaq 100 - 16,313.6 16,421.2 16,280.4 -54.9 -0.34%
Looks like the longs get a breather just for today....................before the next push down.
Not a penny of ri$$k
The others who had missed the rally last year posted similar doom in other threads.