So you're saying there's a chance for my TSLA puts... ;)

Peter, two questions if I may. I know both are kind of unfair questions in some ways. I just want to draw on your experience.

1. It seems lately that the drops in the market have been pretty fast and furious. On average do you think that is what will happen here if this is the top rather than a more gradual rollover?
2. I think you mentioned the 150 month data point in your large video back in March. At this point in time do you think it at all possible realistically that the market could play around and reach a final top in the Fall; if not, and the high is now and the low is in the fall any idea how big a drop that would be?
   Thanks in advance.

y1267 said:

So you're saying there's a chance for my TSLA puts... ;)

I don't even know you and I was thinking about you the other day when TSLA rallied haha

michael221 said:

y1267 said:

So you're saying there's a chance for my TSLA puts... ;)

I don't even know you and I was thinking about you the other day when TSLA rallied haha

Haha, Peter made a whole video just for my stupidity

y1267 said:

So you're saying there's a chance for my TSLA puts... ;)

what month did you do July?

If the bull market is over then we are headed to a bear market meaning the S&P500 will fall 20% or more. Where is the catalyst? US GDP growth this year is predicted to be 6.4%

I stumbled across a YouTube video today with David Hunter, "Veteran Analyst David Hunter Predicts Stocks To Crash 65-80% This Year" What I find interesting about this is that it seems to line up (generally) very well with Peter's anticipation. Dave Hunter believes that the market drop would be incredible fast based on all the leverage. He is forecasting a 65% %80+ drop in the market, this year of 2021. David believes the market melt up all occurs the first half of this year.

RichB said:

If the bull market is over then we are headed to a bear market meaning the S&P500 will fall 20% or more. Where is the catalyst? US GDP growth this year is predicted to be 6.4%

when all bears die thats when the bull mrkt ends. Stocks wont drop till all bears are D E A D

Peter. Perhaps revisit the 90 year cycle chart you did last year.

dciwinski973 said:

I stumbled across a YouTube video today with David Hunter, "Veteran Analyst David Hunter Predicts Stocks To Crash 65-80% This Year" What I find interesting about this is that it seems to line up (generally) very well with Peter's anticipation. Dave Hunter believes that the market drop would be incredible fast based on all the leverage. He is forecasting a 65% %80+ drop in the market, this year of 2021. David believes the market melt up all occurs the first half of this year.

he also said 4800 on S&P AND 17000 ON QQQ. QQQ Just got a new 60min projection higher .. 14250 just buy the QQQ AND GO TO SLEEP

Thank you, Peter. I followed through on the call this morning by 7 AM PST. My situation may be different than others: to protect the gains and I'd rather be a day or two early rather than face a steep down day. Besides, if it the melt-up continues, I now have a clean slate to pick and choose the right stocks (FAANGs again??) and avoid the "high" growth ones which used to make up a significant chunk. Hopefully, you can give us hints if one of the indexes (or investment vehicles) can be used for any melt-up you are sensing. Thanks again.

XXSPOWER127 said:

y1267 said:

So you're saying there's a chance for my TSLA puts... ;)

what month did you do July?

june, took a loss, switched to google puts for now though