|
| Everyone and their shoe shining grandma is calling for lower. The market corrected in 21-22. Majorly. Then again a correction in 23. You want another chance to buy the lows? You think that’s going to happen soon? You’re more optimistic than me.
They are pricing the young generation out imo. Maybe the mini touches 49 but I think it’s headed to 57. Let’s look at some pics now
1st pic shows we clearly haven’t bumped into resistance
The second pic shows the major decline in 2002 where it went below 800 then proceeded to rally for the next five years, finally doubling at 1600 and then pulling back again
Which brings me to pic three of the 2008 decline. It hit 800 again but then proceeded to rally for 10 yrs and when the next major pull back happened I would say is 18 or 20. But it never dipped below 2000 so buying at any point practically for 10 yrs after 2008 was a good deal
Also there’s been a number of you now in short time calling for the death and demise of the stock market and I can’t really read tone thru text but it alsmot seems the question I get of “you really think this is the bottom?” seems to carry a touch of mockery and over confidence in it. Toooo cocky
And a fourth pic for fun
Edited by Deltamudd 4/13/2024 09:23
 (IMG_2031 (full).png)
 (IMG_2033 (full).png)
 (IMG_2035 (full).png)
 (IMG_2036 (full).png)
Attachments
----------------
 IMG_2031 (full).png (64KB - 80 downloads)
IMG_2033 (full).png (56KB - 85 downloads)
IMG_2035 (full).png (56KB - 80 downloads)
IMG_2036 (full).png (136KB - 75 downloads)
| |
|
S&P 500 Broke below 50 Day MA
