Where is the S&P 500 going if it follows the path of 1929-1930

The correlation so far is 94%! If it really follows the path, the S&P 500 Index will climb to about 3000 at the end of June, and fall to 1500 in April next year. A 50% crash!

 

.94(3/18) = 15.6%
But it’s a nice chart.

 

The Fed is the stock market now.
1929-1930 has zero chance of happening.

 

The government ddi the equivalent of printing money in the 1930s too.

 

“This time is different”
But they always preach the same ...

 

I have heard the 1500 area being thrown around a bit...
And I don't know why most wouldn't want a nice significant drop to reload and get back into stocks for another few thousand percent over the next 20 years or so. To be honest we would have been close to 1500 but the good old fed came and gave it another clean bailout.
And by the way, at the rate these markets are rallying the last week where the s$p was up 12% making it the best week since 1974, fresh highs should be here by mid may...hahaha...just joking. This is just a relief rally before the markets go into collapse mode once again but dont you worry the fed will bail it out again and again to infinity

 

I agree the fed is the stock market. This last week proved the fed will only create opportunities for the rich and wealthy, they never even stepped away from for the financial crisis, supporting stocks and the economy for a decade and here we are again in another crisis where this time they will support the market until infinity

 

the fed RAISED interest rates back then. One of the biggest blunders in financial history. You should know that

 

Why should I know that, I went to school for computer science.

 

Because you just said the exact opposite 10min ago. Good to know your major