When are we going to see 3000 on SPX again??

When is the S&P 500 going to reach 3000 again?

  • Total voters
    21
  • Poll closed .
P

pinetboltz

so close, yet so far, lol

when do u think we're going to see 3000 on the S&P 500 again?

could be next tuesday lunchtime

could also be 5 years from now

heck, the all time highs on the Nikkei was in 1989, and they're still waiting
 
You missed it, it was in 3300 during the end of March.
4400.PNG


pinetboltz said:
could also be 5 years from now
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Highly unlikely, those baby boomer pension/retirement funds ain't gonna wait that long.
pinetboltz said:
heck, the all time highs on the Nikkei was in 1989, and they're still waiting
More...
https://www.elitetrader.com/et/threads/japans-fate-coming-to-us.342059/
 
Last edited:
pinetboltz said:
so close, yet so far, lol

when do u think we're going to see 3000 on the S&P 500 again?

could be next tuesday lunchtime

could also be 5 years from now

heck, the all time highs on the Nikkei was in 1989, and they're still waiting
More...


Always interesting to look at those highs on the Nikkei and ponder at that chart from highs to lows and see that they still haven't gotten back to those highs even after massive massive massive assistance.

As for s$p 3000, may may may
 
Thanks for everyone’s input, interesting to see mix of opinions

Personally i was thinking maybe the s&p does a rally to 3100 or so by close of Q2, just to really squeeze all those shorts out again

Then it slowly declines to the sub-2000 level, trapping all the longs as well

All speculation of course

Just based on the saying that the market, in particular the ES seems to enjoy messing with the majority of people the majority of the time

Based on that & the fact the popular media is all ‘cautious’ now (not before the all time highs), I would guess the best way the ES to ‘stick it to the majority’ would be to do a rally that seems strong up to 3100 or so, and then once ppl become complacent again and loaded back up on longs, it reverses and takes out all the weak hands again

Btw, anyone know what Gartman / Goldman is predicting? Should give us an added data point, lol
 
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