Arlen Simon

My shopping list is getting huge. When you buy no need to rush. You should have 3-6 months to accumlate but after it starts moving the next bull trend should be sweet. Heck, even buying the s snd p will doublt in 2-3 years off of the bottom.

oops, 3035

Only if 3854 holds. Look for SPX at 3135 before buying long term if we hit that level.

If Standard and Poors drops tbelow 3854 that will be bear market territiry. If that occurs 3035 is a 37% drop from ath. Since 1900 that is the avg decline during a bear market. That makes the target for the bottom 3,035

According to my understanding of information the bottom of the bear market should be when the S&P hit an avg PE of 8. That will bring the S&P down to just over 3100. I would not be swing trading long until we drop to that level. Og course you can do what you want

12,130-12,200 looks likely but that will hit the top of range. You can tell yourself anything you want but you better place a s/l at 12,600 in case you are wring. To me is seems like we won't have inflation under control sor at least another several months and risk of stagflation is significent.

For those that really wants to understand why we are trending down Google market cycle. Has nothing to do with politics.

Only invest on solid companies.

11,600, rally then down.

I think most people are reasonable and both parties are corrupt and demonize the other trying to get us to distrust each other while the corporations treat workers poorly.

Why do Republican claim to be pro life when they are only pro birth but refuse any financial aid for forced pregnancy.

The fed hasn't changed. Jerome is still in charge.

What, you want to turn the country into Venezuela?

We need to break the country up. That way we can end welfare to the mismanaged red states.

Shame the republicans tried to collapse the economy be printing too much money under Trump.

We need to fix our political system or the empire is doomed.

These Trump supporters are too feeble minded to understand economics. They don't understand Inflation is the result of loose money. Same thing happened between 1960-1975 and that led to double digit inflation.

You are brain damaged if you think the deficit doesn't need to be paid down. If you think the bear market has anything to do with who is president you need to stop trading.

The problem sees to be to me that the Fed will need to keep raising bond rates until inflation starts coming down. Not east to accomplish

The question is not will we trend lower. The question is how low will the trend take us. I know succdessful traders that think 9500-10k will be the minimum drop.

Depends on time frame but better eo wait for the bottom for sure.

We know the effect QE had in the market. There is ni reason to think tapering would not also have an effect as well. The only real question is where is the bottom.

Al depends how many bulls went long with high margin. MM use that to determine the moves.

Tech trader, all you needed to know during QE to understand where the market was headed. Now the only thing you need to know is tapering.

Healthy pullback is to 10k. 7k bottom is likely.