so we're in a wedge on the S&P and with no other news in the market we'll keep climbing till we can't and break out in either direction prolly up because well America
megaphone doesn't hold up from last three crashes because we broke out a while ago idk why people are talking about it and if u wanna still count it just with a wider megaphone u have on your hands a trend line with very little touch points and reason to believe a %90 crash is incoming and i don't think that'll happen not to be confused with i don't think the market will crash again because it will, but my prediction is 2024
i don't think we are in a bubble because we have a lot of money chasing almost to much opportunity not like when ".com" was first a thing and AOL traded 400x earnings
we are also to smart to let that happen again and more people will know
in 2008 Michal Burry knew, Mark Baum knew, and Charlie and his buddy along with their teams, less than 10 people. everyone is talking about a crash everyone "knows" and everyone is to "prepared" for one to happen
also the housing market looks like almost the opposite of 2008 any bad things that CAN happen can get absorbed
although this post is on SPX i think ARKK will be the biggest because ARKK's chosen companies will get put into the SPX before Mrs. Wood puts S&P companies into ARKK (my opinion)
also the "margin crisis" is a short term issue because big banks are to smart to let it happen to them after seeing Archego, i dont hold them on pedistols but they have a pulse or i like to think so.
i'm invested in hyper growth and innovation so of course all of that will benefit me but it will also give me a headache
anyways i hope you learned something and i'm open to hear from people
i'm not putting "long" because i don't own SPY or SPY companies
you would have been dumb buying NFLX at $7 ;)
megaphone doesn't hold up from last three crashes because we broke out a while ago idk why people are talking about it and if u wanna still count it just with a wider megaphone u have on your hands a trend line with very little touch points and reason to believe a %90 crash is incoming and i don't think that'll happen not to be confused with i don't think the market will crash again because it will, but my prediction is 2024
i don't think we are in a bubble because we have a lot of money chasing almost to much opportunity not like when ".com" was first a thing and AOL traded 400x earnings
we are also to smart to let that happen again and more people will know
in 2008 Michal Burry knew, Mark Baum knew, and Charlie and his buddy along with their teams, less than 10 people. everyone is talking about a crash everyone "knows" and everyone is to "prepared" for one to happen
also the housing market looks like almost the opposite of 2008 any bad things that CAN happen can get absorbed
although this post is on SPX i think ARKK will be the biggest because ARKK's chosen companies will get put into the SPX before Mrs. Wood puts S&P companies into ARKK (my opinion)
also the "margin crisis" is a short term issue because big banks are to smart to let it happen to them after seeing Archego, i dont hold them on pedistols but they have a pulse or i like to think so.
i'm invested in hyper growth and innovation so of course all of that will benefit me but it will also give me a headache
anyways i hope you learned something and i'm open to hear from people
i'm not putting "long" because i don't own SPY or SPY companies
you would have been dumb buying NFLX at $7 ;)