The S&P 500 will top at 3250

[Nine_Ender]

Well kudos to ya. However, in case you noobs might not remember, what we're experiencing now is eerily similar to the dot.com bubble of the late 90s. So keep that in mind and be nimble and tread carefully.

You are just one of a large crew on here who have compared this bull at various points to the 1990s and mostly been wrong every single time. And the reason is simple, you need to look at actual performances and actual fundamentals to do a proper comparison. Any time I brought up REAL metrics years ago on here people ignore them and prefer an emotionally based will to crash the market.

Dot com companies had far worse fundamentals and the Nasdaq went up in 1998 similar to this year's performance. So one has to ask what might occur in 2020 if you feel the 1990s are instructive. 1999 was the best year to be long the Nasdaq in history. I don't see anyone warning the bears on here. Funny how that works.

My point, you are too early and overstating the nature of any valuation issue. Without a true catalyst to crash the bull, it won't. In fact, 2019 was one of the easiest years to make money IF you didn't trade/invest emotionally.

 

[Nine_Ender]

My previous top calls have resulted in a S&P decline of 190+ points. While my longer term swing objectives were not reached on some of the calls, you are brave if you think this one is any different. Good luck my friend

You are delusional, cut the crap you traded horribly in 2019 because you had an unwarranted emotional bias and lacked the discipline to abandon your ideas when they failed ( I could cite one short you took on here immediately after getting stopped out of another short as proof of that ). Enough with the bs, own your mistakes and try to understand what you did wrong.

 

[Nine_Ender]

Did you make money on your top call?

Making money doesn't seem to be the point with some of these guys. It's all about making fearless short calls against trend hoping to be a hero to their followers on here.

 

[Overnight]

...
Dot com companies had far worse fundamentals and the Nasdaq went up in 1998 similar to this year's performance. So one has to ask what might occur in 2020 if you feel the 1990s are instructive. 1999 was the best year to be long the Nasdaq in history. I don't see anyone warning the bears on here. Funny how that works...

Yeah, the dot.com bust was pretty spectacular. It was the dawn of the internet, and everyone was pumping money into companies they did not understand. This is my favorite example...

A spectacular example of FAIL.

 

[Overnight]

Making money doesn't seem to be the point with some of these guys. It's all about making fearless short calls against trend hoping to be a hero to their followers on here.

Oh, and to answer you more subdued point, the investing world is a lot smarter about tech today than it was 25 years ago, when tech was the "new thing". Tech and the NASDAQ are understood a lot more now by the people who invest, because they have had 25 years of exposure since the boom/bust of it. And they now understand how pR0n works.

It may seem laughable in that light, but it makes you think...Why is Tech the leading sector now for the last 26 years? Hrmm!

 

[schizo]

You are just one of a large crew on here who have compared this bull at various points to the 1990s and mostly been wrong every single time. And the reason is simple, you need to look at actual performances and actual fundamentals to do a proper comparison. Any time I brought up REAL metrics years ago on here people ignore them and prefer an emotionally based will to crash the market.

Dot com companies had far worse fundamentals and the Nasdaq went up in 1998 similar to this year's performance. So one has to ask what might occur in 2020 if you feel the 1990s are instructive. 1999 was the best year to be long the Nasdaq in history. I don't see anyone warning the bears on here. Funny how that works.

My point, you are too early and overstating the nature of any valuation issue. Without a true catalyst to crash the bull, it won't. In fact, 2019 was one of the easiest years to make money IF you didn't trade/invest emotionally.

That's what they said back in the 90s, and they'll keep repeating the same thing every time: "THIS TIME IT'S DIFFERENT!". My answer is: bullshit.

Listen, I've been trading for nearly 30 years. Already been through 3 recessions. I've heard all the excuses. It's not different this time. It has never been different. It's always the same: GREED and FEAR.

 

[Spectre2007]

4200 ?


Pass the Dutchie

lol .. more like mean reversion to the 200 day MA

 

[RedDuke]

That's what they said back in the 90s, and they'll keep repeating the same thing every time: "THIS TIME IT'S DIFFERENT!". My answer is: bullshit.

Listen, I've been trading for nearly 30 years. Already been through 3 recessions. I've heard all the excuses. It's not different this time. It has never been different. It's always the same: GREED and FEAR.

Actually this time is different indeed. Fed pumped some many trillions in, so it might be a while until balloon pops. But when it does, it ain’t gonna be pretty.

 

[Nine_Ender]

That's what they said back in the 90s, and they'll keep repeating the same thing every time: "THIS TIME IT'S DIFFERENT!". My answer is: bullshit.

Listen, I've been trading for nearly 30 years. Already been through 3 recessions. I've heard all the excuses. It's not different this time. It has never been different. It's always the same: GREED and FEAR.

Your reply has absolutely no connection to what I posted. Drop the themes and overdone rhetoric and come on back to earth. It might make you some money in the long term.

 

[FriskyCat]

That's what they said back in the 90s, and they'll keep repeating the same thing every time: "THIS TIME IT'S DIFFERENT!". My answer is: bullshit.

Listen, I've been trading for nearly 30 years. Already been through 3 recessions. I've heard all the excuses. It's not different this time. It has never been different. It's always the same: GREED and FEAR.

I'll tell you one substantial difference between now and 20 years ago (I was also trading back then), the markets had a lot more of the "momo" throughout the trading session. It wasn't just whack a mole during the first 15 minute interval of the day, then bid sitting. Most of us who trade and watch this stuff intra-day in recent times have noticed that the range is either overnight drift or a quasi price fix on the opening bar or the final 15 minutes prior to cash close.