I certainly hope so ....Margin calls are discouraging :-(
antrap77
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@SeattleGuy, I am accumulating ETF Short on S&P...still need to be cautios though. But we are almost through this bull bonanza hopefully!
Prizax
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I bet you missed the last bottom and you want to get in? gl
antrap77
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@AndersonAES, I am waiting for a drop - I happily traded March's downturn but I am just too bad at trading bull markets...
Taigosan
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S&P 500 index did not exist in 1929, do you mean DJIA?
antrap77
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@Taigosan, @Taigosan, right, it is comparable though. It includes the first 500 companies in capitalization. Apple did not exist but there were other many that went bankrupt later. I just downloaded the s&p historical data from Yahoo Finance btw
merkd1904
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Dude nice call.
antrap77
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@merkd1904, Thanks! The two drops from the highs (1929 and 2020) are quite similar and dramatic...and apparently the response (FOMO rally) is very similar as well. Now rocky times ahead!
TroChop
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yall on crack? its not gona breakdown that hard, maybe to 3200 but this shit looks way exaggerated...
antrap77
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@trochop99, that's the 1929...FOMO rally after a dramatic drop from ATH...they were pumping a lot of money into the system also back then...many similarities