S&P500 pierced 50 week MA for the first time in almost exactly 2 years

T

taojaxx

Previous time was 2/24/20. Remember what happened next lol?
History rarely repeats itself though, so perhaps a dark stock winter allowing p/e to deflate?
Get rich selling OOM calls?
 
taojaxx said:
March 2020. Remember? Covid Bloodbath? 3136 to 2280 on S&P in 2 weeks.
More...
So, you are now shorting the market?
Or are you just bragging about it?

Each week, for the last 6-7 years, there is a guy saying that the market will crash. Just do a quick search on this forum.
It will happen for sure.
When?
Don't know.
Maybe it will start next week, maybe next month, next year, in 5 years???

If you're really shorting the market based on your observation of the 50 weeks MA, I wish you good luck. But if you look back the previous times it had happened, the market didn't went down all the times.
 
taojaxx said:
March 2020. Remember? Covid Bloodbath? 3136 to 2280 on S&P in 2 weeks.
More...

Yield spread also reaching same level as mar2020.

Screenshot_2022-02-20_00-30-04.png
 
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