so close, yet so far, lol when do u think we're going to see 3000 on the S&P 500 again? could be next tuesday lunchtime could also be 5 years from now heck, the all time highs on the Nikkei was in 1989, and they're still waiting
You missed it, it was in 3300 during the end of March. Highly unlikely, those baby boomer pension/retirement funds ain't gonna wait that long. https://www.elitetrader.com/et/threads/japans-fate-coming-to-us.342059/
Always interesting to look at those highs on the Nikkei and ponder at that chart from highs to lows and see that they still haven't gotten back to those highs even after massive massive massive assistance. As for s$p 3000, may may may
Thanks for everyone’s input, interesting to see mix of opinions Personally i was thinking maybe the s&p does a rally to 3100 or so by close of Q2, just to really squeeze all those shorts out again Then it slowly declines to the sub-2000 level, trapping all the longs as well All speculation of course Just based on the saying that the market, in particular the ES seems to enjoy messing with the majority of people the majority of the time Based on that & the fact the popular media is all ‘cautious’ now (not before the all time highs), I would guess the best way the ES to ‘stick it to the majority’ would be to do a rally that seems strong up to 3100 or so, and then once ppl become complacent again and loaded back up on longs, it reverses and takes out all the weak hands again Btw, anyone know what Gartman / Goldman is predicting? Should give us an added data point, lol
Uh ohhh Will the stock market tumble back to its coronavirus lows in March? About 92 years of S&P 500 history says there’s a good chance Published: May 1, 2020 at 5:07 p.m. ET https://www.marketwatch.com/story/w...theres-a-good-chance-2020-05-01?mod=home-page
Jeez, stop spamming the same post in thread after thread. We get the point! You like Marketwatch's pontifications and the bipolar writers they have.