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S&P 500 (SPX)

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Symbol
Exchange
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US500DerivedUSD
SPXNYSEUSD
Currency in USD
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5,071.63
+1.08(+0.02%)
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S&P 500 Discussions

We ALL get it both right and wrong sometimes. If your Crystal Ball told you 2500 from years ago and you had enough conviction to follow your thinking then you have done extremely well. Personally I think we are matter of days or at best weeks away before this trend ends. Slope of US markets has gone vertical and markets don't don't stay vertical very long. Forget about hype about the uptrend and look how to best position for the bust and calamity that will soon follow))
Markets can overshoot and undershoot trend line ranges with ease. There are better ways to determine when extremes reached using dynamic models instead.. If you used this approach in March 2009 you would have been wrong completely. Did you buy the Market in the very week of the low in 2009 Gary??? My analysis did help me buy the market back then. I am not holding it now because personally it's reached an extreme. I have seen your Perna bull rants elsewhere. As for your dollar it's going much lower . Simple chart analysis suggests this.. if you look over history, I mean last 50 yeaes it becomes evident that there is little correlation here.
You're joking right? I am a bear and have been all my life. more specifically I am a pessimist that finally understood to distance myself from emotional bias and develop hard principles. I called the 2009 bottom based on fundamental disparities. The dismal GDP reports showed a startling conclusion. the consumer has drew down debt, increased discretionary spending and increased savings. My record is intact and posted for all to see. Investorshub website under member name GDL. I have called this move from 8 years back a mega bull cycle that will be one for the record books. based on overextended drop and Fed stimulus in an extremely low inflation period. In fact disinflation constantly fighting deflations pull. End game will be dramatic and following winter perhaps the worse in our history. For mow enjoy the show. get back to you in 2020, with one more interim 20 percent drop. perhaps starting soon.
 Go Gary!
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