It don't count when you cherry pick a dip at a 10+ year low coming off a financial crisis sell off and Trump has to start at a record high. If you want a fair toe to toe race do it like this...Measure the gain from the highest the SPX was under Bush to the highest it was under Obama and then we'll measure the gain from the highest point under Obama to the highest point under Trump and see who's gains are better.
Lots of similarities in the recent days to the last days of the Nasdaq bubble. We could be seeing a major rollover within the next 2 months.
I explained to you why this was not the case at all but you like many others on here are rather stubborn about these things.
I did say the market will fall "within the next 2 months", so let's wait and see. If we do in fact roll over, as I predict, I will make sure to remind the entire world what you have just said. Deal? BTW I don't tell you how to trade, so quit preaching how I should trade. If I want to short the market, that's my prerogative.
You claimed there are a lot of similarities to the Nasdaq bubble. There aren't. Do I have to go over the numbers again ? Pull up a chart of the year by year percentage gains on the Nasdaq in the 1990s. Now, consider that the dot com sector was NOT profitable in the 1990s, but most of big tech right now is obscenely profitable and has been for years. I remember clearly the dot com bubble, how it developed, why it developed, how it ended. You clearly do not. I couldn't care less about how you trade your theories.
Is that right? Well, I too have been trading for the last 30 years, and I've traded in the trenches the entire time. I guess we'll just have to find out whether this market will tank or not "WITHIN THE NEXT 2 MONTHS." (Need I repeat?) As a matter of fact, the overnight high for ES at 3296.75 (close enough to the target of 3300) is in my opinion the APEX. Hence, we can only go lower from here.
LMAO claims cherry pick and then does it. Price is price. Ahhh Dump starts with a record high ... and claims Obama was playing too much golf. But hey Dump is playing golf (not his actual score, get real) at a record high level too.
Another point I would make about this market for investors is ... so much for diversification. Value, dividends, energy stocks, international mixture blah, blah, blah. Just BTFfffffaangs.