SMC Update 12-12-22

12/12/2022


Comments (12)
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brian1469
brian1469

Agree this market is terrible. Thanks for still putting in the work for us Peter

I'm still sitting on my hands I laughed when I saw today JPM is calling for a either a 10% up or a 5% down move after CPI. No thanks I still think I will wait until after the holidays to jump in

thomblas2051
thomblas2051

Thanks Peter, sounds like your feeling better

thomblas2051
thomblas2051

Thanks Peter, sounds like your feeling better

mahesh28k2207
mahesh28k2207

thank you peter 🙏🏻

19kofi982935
19kofi982935

There is a projection to the upside on 24.2/27.6 (4172-4218)

jshemanski49196
jshemanski49196

Seasonality is positive here, as Peter pointed out in a previous video. Why is everyone so bearish on this board?? Putting my chips on the confirmed upside projections.

Last updated

Tima
Tima

Thanks Peter

DAV15J
DAV15J

Bearish at lows, bullish at highs?

XXSPOWER127
XXSPOWER127

DAV15J said:

Bearish at lows, bullish at highs?

DAV15J said:

Bearish at lows, bullish at highs?

It’s easy to fade this board. Bear suit on, go long. Bull suit on, go short. You would think after 50 yrs in the market that someone would at least follow their own software.

daniel039209
daniel039209

Peter Lynch has a cogent argument on trying to pick the top or play for crashes. More money is lost, than if you lived through the decline. And even if you were clever enough to short last last couple months, you would rarely know when exact time to buy back in.

XXSPOWER127
XXSPOWER127

I wonder if the Bear Suit is off now? Will you look at the weekly /NQ projections and see the higher WEEKLY PROJECTIONS now? Or still live in fantasy camp?

jesper.ag2048
jesper.ag2048

Hi Peter, earlier this year you talked about a large downside projection on the dax index, is this projection still open?

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