lol if we go that low, i will come visit you in my new private jet and give you a bar of gold
mjcpaull
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Nikkei went from 38,000 (close enough) Dec 1989 to 8,000 (close enough) April 2003 - that 14 years - 30,000 points on a 38,000 base - 80% (close enough) / S&P is at 4,400 (close enough) / deduct 80% and we are getting towards your Wave 5 lows..... not unprecedented but I can't see the catalyst to drive the drop and certainly not in your time frames .... what I am seeing is day traders popping in and out of the indices with institutional money moving into bonds even though all the fixed income curve(s) are real rate negative / why.... - premium is on capital preservation not capital return: ditto gold .... on fundamentals what is clear is that the long curve deflationary cycle underpinned by low cost labour sourced in China / SE Asia / Eastern Europe is coming to an end ... core US inflation is 5% and rising / and despite protestations from the Fed., this is embedded not temporary... I'm short / have been for months and it has been painful but I'm convinced the call is correct - the only uncertainties are timing and extent - Wave 5 / 666 is a huge call though - huge - as is Wave 3 / circa 2,000 / Sept 2021 MP
TomNewYork
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Yea, I am hearing a lot of talk about a 2000 SPX target. The most bearish thing I have heard is that the market will drop so fast and so hard that the exchanges will actually be closed 'indefinitely'.
T-r-X
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Distribution phase AAPL stock.
Lingamfelter
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I’m always learning & believe that intuitive trading is not a dead art. Also studying several OGs. This feels like we are topping. Transports are rolling over along w ongoing supply chain disruption. Oil peaking. EV too far away. And nature does what it does. People r people. We build & destroy. It’s what we do.
CJS04
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I am all for being a bear but no new lows... but we do have a 30 percent + drop coming.
JZRG
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seen this TA scenario since last june from many ppl. if we go that low i would invest my body on china.......
merkd1904
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Jesus
AvenueWork
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Been waiting 4ever!!!!
Bearliever
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Hey DarkPool why do you think LQD skyrocketed today? I was expecting it to fall coinciding with the nice sell off the top we just had....