The markets probably will never go lower. Why worry. There is NO risk if a slick guy like you says so.
I TOLD YOU THERE IS NO MORE RISK. Stocks always go higher. It's a new paradigm. This time is different. Everyone quitting day jobs to trade, mistaking bull markets for brains, are going to be kicking a can down the alley! But this time IS different! Right!! ?
Nope, expecting a bounce back like always. What's also not different, everytime the market swoons a tad, the doom merchants all come piling back in again.
DAMN, this pain is starting to hurt. Bad. Like, this is me at like the 2:30 mark: Where do you guys see the lows? QQQ mainly, but I'll take any of the indexes or index funds LOL.
impossible to know. We had bull market over last decade with Fed on its back. We have not seen real tightening for a long time, some never did. Any level is possible.
I'm not a fundamental guy but... quick calculation: QE has been the reason why every asset class has gone up. If the S&P just went to pre covid earnings ($125) and slap a more reasonable valuation 15X. And this market is vulnerable (<2,000) Imagine if long rates go to 8% and earnings fall to $80. OMG (<1,000) Got a feeling that this bear market won't be about how much it goes down but more how long it stays down....... Keep loading......buy the dips......the fed will bail us out....how can you lose??