Quote:
Originally Posted by lamboguy
you couldn't be more right. the stocks that most people have that led the upswing are not going to be the stocks to lead the next bull market anyway. so selling yourself out is the right way to go.
the first downleg is S+P 3700
the next one is the lows of 2010
then you can go down to 2007
that's as far as got with this one, i hope i don't need to do anymore work on this.
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S&P was at 3225 before Covid started....it was a steady 12% for the past 6 years before
If we take the usual 12% gain for 2 years we get 4045
Now we are at 3991....
WE ARE NOW F$%^&D!!!!!