How do you think of spy?

kiev said:
Last week, trump said the stock market should have another 20% rally ( 600 points in spx ) in the near future, which means spx can see 3300 in this year.

from 2400 ( mid of august ) to 2736, the market didn't have any rest. doesn't the market need to squat before another jump?

why are those big players so confident, did they dump their stocks before pump?
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Dont know, if the market needs to squat before a jump. Its a bull market you know,LOL:D My charts never start in NOV LOL
 
These discussions come up amongst traders from the start of December until about Easter. Its possibly very dangerous territory to get into - IF - you let it sway your trading decisions so you have a bias. Like the old adage for investors, "Never get married to a stock", maybe we need an equivalent - "Never get married to a prediction".
 
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