Time to be careful...take care
Once we hit SPX 4440--longs, be careful out there. Good luck!
- Thread starter smilingsynic
- Start date
Just like longs were supposed to be careful at 2300, 2800, 3000, 3400, 3600, 4000, 4200 right ? Funny how nobody posts shorts better be careful in a thread even though it's a bull market. Risk and returns in indexes in either direction are pretty minimal at this point. There are plenty of "overvalued" and "undervalued" stocks out there. Why would you care about a US index at this point ?
This year reminds me of 2019, and people on here spent the whole year saying the market would drop when there was no real reason for it to do so.
4440 he said. It is an angel number. Go long at that number and may be hold until 5550?.....
LMFAO @ anyone calling tops or bottoms. Its a fools errand.
He didn't call a top.
Cant blame him for trying to keep people from buying at these nosebleed levels.
You can't blame the people. JPow is practically handing out cash to the mega rich. They can't keep it all in their basement.