I think you are absolutely right. 50k is coming...and if you think that's coming wait till 2025...... Dow will end 1st quarter at 56k 2nd quarter at 62k 3rd quarter at 68k And finish off the year at 75k... This is the most insane markets anyone in their lives will witness. Think about it, these markets are at the highest in our lifetime, and it will just keep going and going and going. The average return on these markets the next 3, 5, 10, 15, 20, 30, 55, 60 yrs out is going to be compounded at a much higher return than your normal 10%. I'm thinking 17-20%. It's going to be the most phenomenal equities market the universes have ever seen.
Seriously, nothing can survive the V. It pumps so effortlessly, but on the way down every single dollar is challenged.
Keep thinking that at your own peril. I've been in this trade over 10 years. I have seen a lot of crazy shit in my time. Long is the way to go, but expect bumps along the way. Yes, even with Trump's second term.
The last time I shorted SPX/SPY with an overnight position it was trading near 900 around the time of the start of Iraq war 2 in 2003, I covered at 1100 Learned my lesson and never held a short position overnight ever again. Now only ever hold short positions intra day.
You only get a few hours of being short and you always get reamed. This market isn't very kind to shorts. It wants to shove a V right you. It so is never going to go down ever again.