Yes. On board for a monday morning dip... and rip. Would love to add to shorts once next rip loses steam. Keep in mind, we also dont have my pesky 3-5% correction issue anymore, and i love that.
Not sure if you meant it, but it invokes boxing imagery.
A giant bull, on steroids....Mr Bear..bites....DOWN goes bull....crowd go wild. -
I do agree entirely..the low 1600s/1500s seem viable.
The issue I have...and it should deeply concern the bears...what if we then hyper ramp? --
It would be the most horrible thing if the bears do well on a down wave, only to stay short..and get ground down whilst the market ramps for another 12-18mths. -
If today is THE day, sir, I have us at SPX 1450 by the July 15th Bradley turn. Yay.
ReplyDeleteToday's sell-off finishes Monday morning -- 5th waves are powered by margin calls.
ReplyDeleteThen we test 1880 as resistance.
Yes. On board for a monday morning dip... and rip. Would love to add to shorts once next rip loses steam. Keep in mind, we also dont have my pesky 3-5% correction issue anymore, and i love that.
ReplyDeleteoctober 2007, a provoking thought...but no.
ReplyDeleteIf I had to stick a date on it, we're spring 1998.
Even if we drop 15/20% this year...up we go again, not least if interest rates are raised (if only a little).
My crappy "stretched 2008 tape" model was looking for an initial low of 1854.11 this morning for i of 1 of a. We got 1854.26, neat.
ReplyDeleteNow it would have us retrace back to 1880.60 -- tomorrow early would be great -- and SPX 1770 by April opex.
Will watch it carefully for both price and time targets.
down goes 1850
ReplyDelete1550 potentially on deck
then a hyper ramp to 2250
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Not sure if you meant it, but it invokes boxing imagery.
A giant bull, on steroids....Mr Bear..bites....DOWN goes bull....crowd go wild.
-
I do agree entirely..the low 1600s/1500s seem viable.
The issue I have...and it should deeply concern the bears...what if we then hyper ramp?
--
It would be the most horrible thing if the bears do well on a down wave, only to stay short..and get ground down whilst the market ramps for another 12-18mths.
-
Good wishes for rest of April.