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Old 09-28-2022, 07:24 AM   #4456
BroadwayJoe
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this market may go down for the next 25 or 30 years. my guess is that a bottom will be found around june 2023. no idea what price will look like then. then the S+P will somehow head up to 10,000, but that 10,000 won't buy you what 1000 would today.
You know what....

Lets just skip this and go to 1929!!!
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Old 09-28-2022, 09:43 AM   #4457
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You know what....

Lets just skip this and go to 1929!!!
probably a lot worse

heres some Martin Armstrong to get you through the day.


https://www.financialsurvivalnetwork...g-part-2-5610/
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Old 09-28-2022, 10:03 AM   #4458
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Looks like it's breather time today...although Powell is speaking at 10:15, so you never know
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Old 09-28-2022, 01:10 PM   #4459
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Looks like it's breather time today...although Powell is speaking at 10:15, so you never know
Good call...
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Old 09-28-2022, 01:29 PM   #4460
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Good call...
yes it is, nothing goes straight down!
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Old 09-28-2022, 01:51 PM   #4461
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this market may go down for the next 25 or 30 years. my guess is that a bottom will be found around june 2023. no idea what price will look like then. then the S+P will somehow head up to 10,000, but that 10,000 won't buy you what 1000 would today.

And people wonder how the market ends up oversold...
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Old 09-28-2022, 02:18 PM   #4462
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yes it is, nothing goes straight down!
trading is the way and the light
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Old 09-28-2022, 04:54 PM   #4463
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trading is the way and the light

Have you been making any moves lately? I mean it's easier for us long termers (supposedly), we just wipe our tears and buy more like dumbasses but what s the short termer doing?
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Old 09-28-2022, 04:58 PM   #4464
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I trade every single day and night
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Old 09-28-2022, 05:01 PM   #4465
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This is the position I took around 8:30 this morning...bought S&P futures @ 3655.50

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Old 09-28-2022, 08:05 PM   #4466
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This is the position I took around 8:30 this morning...bought S&P futures @ 3655.50
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Old 09-28-2022, 08:22 PM   #4467
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should have posted it along with my 9:03am reply...would have been more impactful...lol
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Old 09-29-2022, 11:25 AM   #4468
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will be interesting to see if a lower low is coming after yesterday's relief rally...will really tell you all you need to know about how dead this market is if it happens
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Old 09-29-2022, 11:38 AM   #4469
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it looks like that big up day for the S+P will save itself for another month. the S+P would have to lose over 400 points by tomorrow to crater the deal. i guess anything is possible, but a 400 point drop is hard to figure in 2 days. but November will be wide open for a severe downward spiral.nice gift they gave you yesterday though, should be a ton of money to be made on the short side of things today and tomorrow.
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Old 09-30-2022, 08:55 PM   #4470
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i have no idea who walked into the market and bought it this week, but whoever did it doesn't want to see the market go downtown at this particular point.

its going to go to hell the way i see things, and that might take place sometime in November.
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