Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
Hope your tolerance for pain is legendary because we are just getting started.
This will be short-lived. The market can go up when inflation is rising. No need to worry if you hold the right stuff. All things said, many are I your side but no pain, no gain.
Pain works in both directions. Lot of bears have been hammered since late March forever underestimating market strength. Latest weakness seems like profit taking in IT mainly. It drags a few other things down for brief spurts. Maybe you'll get lucky with a guess but only if you temper your expectations. I suspect I may continue to do well with a commodity based strategy.
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The Fed could not stop the S&P falling 50% in 2002 and 50% again in 2008.
This current bubble is epic, when it blows up it will be another 50% correction. We are going back down to test the 2020 lows again. Exactly when is the hard thing to predict! But i would not be suprised if it was sometime within the next 12 months.
"This current bubble is epic, when it blows up it will be another 50% correction. We are going back down to test the 2020 lows again. Exactly when is the hard thing to predict! But i would not be suprised if it was sometime within the next 12 months."
water fall from 13000...damn. Gapped down below 13000 this morning, then tested 13000 as upside resistance perfectly
We indeed have seen bubble valuations sky high recently. Actually, way too high. A fair correction from these highs would be 50%
water fall from 13000...damn. Gapped down below 13000 this morning, then tested 13000 as upside resistance perfectly
We indeed have seen bubble valuations sky high recently. Actually, way too high. A fair correction from these highs would be 50%
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