Quote:
Originally Posted by lamboguy
the SPY has a price projection of 312 for now. the QQQ has a price projection of 194.
this market is headed to a major financial disaster.
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The SPY price you quoted is about 15% down from here. I find that to be totally believable & reasonable. The only thing I'm unsure of is does it go there by year end or does it get some bounces between now and the bottom. I'd have to think any kind of bounce would be met with sell offs to stop it in it's tracks.