CraigChrist
Short

The greatest call of all time

AMEX:SPY   SPDR S&P 500 ETF TRUST
RECESSION WATCH LETS GOOOOOOOOOOO

Remember my name if I nail this. All im saying.
lmao
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Very conservative target :)
It's going to be a big one...
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Sir I called a deflationary event within the next few months in my blog but nothing like this lol. This would mean like 100x on my eurodollar calls... I'm game hahaha
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@BKScripto, Ill see you on our private island bro
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BKScripto CraigChrist
@CraigChrist, let's take some souls brah
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Betting the farm on this move would be unwise IMO. Still a lot of room for key level support as well as long term trend support. I do agree that the worst is coming but not here yet. The market needs a break to flush out positions and re stance before one last push higher.
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@M2Capital, for sure, wouldnt ever recommend anybody overleverage or overposition themselves on anything outlandish like this. ill be scaling into short positions with the expectation of the worst over the next 18 months from here. No rush on my end.
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M2Capital CraigChrist
@CraigChrist, What other technicals do you have at work right now? Ive been nailing positions with elliott wave!
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@M2Capital, a lot of this is more-so fundamental analysis of the global economy (and the us economy obviously plays a pivotal part of that.)

another technical aspect of this is a simple one, and although i never trade on fractals alone and past doesnt always indicate present theres something to be said about the fact that the last 2 major market drops (2000-2002, 2008-2010) were both around or more than 50% drops from the high. Seen some other calls from other technical analysts calling for the 1800s as well but they are few and far between.

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M2Capital CraigChrist
@CraigChrist, I agree with the first target! that for me was a smaller degree wave 4 and inherent becomes the first target level of a longer term drop. I unfortunately do all my analysis in motive wave, but I am seeing much the same things. Ride the waves and the news and fundamentals follow.
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