Long Term prediction for the US Economy. Based on historical prices we have seen those big crashes following big rallys, we are about to see the biggest crash of the last 30 years. Unfortunetaly we need to address the facts and they are unlikely but possible and history has shown that. Be Aware.
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On track.... more blood coming... but small rebounces on the way
@terrenceyou, everything is possible! I hope I am wrong!
stein3d
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So 150puts for 2024 then? Heard! :)
slackmiles2019
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@stein3d, Yeah thats a good idea.. but I would wait more drop...
Jonniefriday206
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Is heading to 450 and plus range..
slackmiles2019
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@Jonniefriday206, It can go up... but new ATH considering the current US economy facts and world conflicts, I doubt it.
FiboTrader1
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I believe the target, but the two major selloffs we've had most recently were panic periods. Look at how the SPY reacted during the 2008 financial crisis and that will most likely be how the market moves during this upcoming recession.
slackmiles2019
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@FiboTrader1, Thanks for your comment I will have a deep look at the 2008 crash. However, I think this crash is likely to be much worse than 2008. :/
FiboTrader1
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@slackmiles2019 I believe it'll be more drawn out and we go very very low. Government stepped in and helped banks, airlines, and Wall Street but this time the FED overly extended their budget and I don't believe we get the help like 08
slackmiles2019
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@FiboTrader1, I am still thinking more blood is coming, like big blood.. hope not.