The S&P 500 will top soon at 2925-2930

Will the S&P 500 top at 2925-2930 ?

  • Hell yes your short term top will be correct again

  • Hell no the bull market will set new all time highs and trade above 3000

  • You're still a fool for STFT

  • Who cares Desperado trades Billion dollar FX accounts recruited from twitter

  • Baron is still 12% body fat and will kick your a$$

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Nothing but the fed tomorrow....markets will be hoping and praying for a rate cut tomorrow or the latest July. A rate cut? Haaaa...all this talk about gdp growth and strong job numbers and wages yet they are talking about a rate cut...real funny....a rate cut when the fed funds rate is hovering around 2%!! Hilarious. Wonder what happens when the recession and next crisis comes and the fed funds rate is at a solid 1%! Back to zero we go and then negative! Lots of participants expecting a rate cut from the fed in the next one or two fed meetings. Wonder if the fed will giveth ... knowing them they will. They have to bow down to wallstreet and make everything peaches and rainbows and happy times all the time. They will keep dovish to satisfy all of wallstreets needs!!!!
 
Nine_Ender said:
You're going to get stopped out within a week if that imo. This is why some traders lose, they get married to their convictions, chase lost money/profits, and stubbornly repeat their habits. S2007S is buying triple shorts again and this time imo a terrible time to do so.

The conspiracy theories don't help.
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No worries. I'm short semis and small caps. Even if the move is higher the fall is harder so I'll just average in and make the best of it.
 
ironchef said:
Yes, SP500 tumbled from 101 back in 1979 to 2917 today.

Imagine you short this house of cards all these years?
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The fed is responsible for about 87% of those gains!!!!


As you can see they always bow to wallstreet and give them anything and everything to keep everything blue skies and colorful rainbows.


ECONOMY
The Federal Reserve is likely to say rate cuts are coming, satisfying markets
PUBLISHED 2 HOURS AGOUPDATED 21 MIN AGO
 
ironchef said:
Yes, SP500 tumbled from 101 back in 1979 to 2917 today.

Imagine you short this house of cards all these years?
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So in 40 years a jump of 2800+%%%%

So let's do some quick fun math


2917 X 2800% = 81,676 by 2059!!!

There is no way even remotely possible you will see the s&p at 81,676 by 2059
 
S2007S said:
So in 40 years a jump of 2800+%%%%

So let's do some quick fun math


2917 X 2800% = 81,676 by 2059!!!

There is no way even remotely possible you will see the s&p at 81,676 by 2059
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You are correct and the market will certainly come off. Absolutely. But as you’ve also so capably demonstrated: you can run out of capital trying to time the thing.
 
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