ES Journal - 2025/2026

Discussion in 'Journals' started by Buy1Sell2, Dec 10, 2024.

  1. mervyn

    mervyn

    i’d call the bottom at 4200. when retail price is reflected in store, that’s the bottom.
     
    #2061     Mar 11, 2025
    Picaso likes this.
  2. #2062     Mar 11, 2025
    christhesquid and Picaso like this.
  3. Picaso

    Picaso

    That's a 32% correction.

    You may be right, but I doubt we get there, because at some point between here and -20%, there will be a... ahem, "shakeup" in the Cabinet :D
     
    #2063     Mar 11, 2025
  4. Picaso

    Picaso

    #2064     Mar 11, 2025
    TrailerParkTed likes this.
  5. He’s more humble than most of the guys on streaming. I like how Tom is quick to admit he got lucky or screwed up.
     
    #2065     Mar 11, 2025
    christhesquid likes this.
  6. mervyn

    mervyn

    cpi in aug'22 was 8.5%, a month after the peak 9.1% and we were trading at 4200 range. the price level then was not as high as today, which now the price became permanent in most part. reversion to the mean on spx ought to put it somewhere around 5k. then thre is a recession risk on top of inflation and interest on debt, climbing out of a hole is more difficult than a free fall.
     
    #2066     Mar 11, 2025
    Picaso likes this.
  7. Buy1Sell2

    Buy1Sell2

    Correct. I've never said anything about censoring content relative to trading. Here is an example of what I am getting at----

    "Kamala Harris's stance on Electric Vehicles and the government mandate will make the market rise and help Tesla" ------Acceptable

    "Kamala Harris's idiotic stance on Electric Vehicles and her un-American government mandate will make the market rise and help stupid Tesla.------Unacceptable.
     
    Last edited: Mar 11, 2025
    #2067     Mar 11, 2025
    Picaso likes this.
  8. SunTrader

    SunTrader

    #2069     Mar 11, 2025
    christhesquid likes this.
  9. Buy1Sell2

    Buy1Sell2

    Please move this political posting to the politics section.
     
    #2070     Mar 11, 2025