Gotta love ZERO RISK in the SP500 = $$$

Are u looking to capitalise on your opinion? Making money, now that's what counts, predictions are fun but they don't add to the bottom line ya know.
 
romik said:
Partly gut instinct and having looked at various equity markets monthly charts.
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hope you're putting your money where your mouth is, otherwise you're another chump like on cnbc

long equities here, fed won't lift and all time highs will be reached sometime next year

right now the S&P is at the bottom of a bullish channel dating back to 2009
 
1980 here we come.

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Visaria said:
Are u looking to capitalise on your opinion? Making money, now that's what counts, predictions are fun but they don't add to the bottom line ya know.
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Indeed. I am waiting on price to hit upper declining TL on 4 hour chart or if it breaks down will have to wait for a bounce.
 
Is there a reason why Visaria and Recession are openly hostile towards Romik's market forecast? You guys are welcome to disagree, but the taunting is ugly.
 
Sold. As I am trading projection based on monthly chart my stop is 2,140 SPX. It is highly unlikely to be hit before more downside will resume. Sentiment will prevail as correction isn't over, they are all looking at same thing (pretty much), long term investors.
 
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BACK in SQQQ AGAIN @ $24.95, this will be the third time in a week or so that I have bought this stock, past 2 time I bought it at these levels I walked away with FREE MONEY!!!!
 
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