SMC Update 5-14-24

05/14/2024


Comments (11)
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ericoh792283
ericoh792283

My take away from 2 years of subscription: Peter is wrong on his intuition most of the time because he’s bearish all the time. Projections have been alright. But Peter goes against his on projections. Therefore if you follow his recommendation on trading you have lost most of your trading account.

daniel039209
daniel039209

ericoh792283 said:

My take away from 2 years of subscription: Peter is wrong on his intuition most of the time because he’s bearish all the time. Projections have been alright. But Peter goes against his on projections. Therefore if you follow his recommendation on trading you have lost most of your trading account.

Completely true. If one followed his recommendations- even though he says he doesnt do recommendations-if you listened to his takeaway on the entire stock market you would have lost most of your money. The question is : why? why fight the 100's of billions of dollars that slosh around in the world and seek highest return>? How is it that Peter is right and the rest of world is "wrong " for buying stocks for 18+ months( minus about 2.2 months of selling) Is it an ego thing? or just a bias from decades ago? i dont know

jshemanski49196
jshemanski49196

So much for all the ratios, turning point patterns, etc etc.

Last updated

ericoh792283
ericoh792283

What now? We r at another ATH! Just do opposite of his recommends.

XXSPOWER127
XXSPOWER127

AND ....... as I thought the 24 will OPEN UP NOW

and

THE 48 WILL REVEAL ITSELF TODAY

WHATS BEHIND THE DOOR MONTY ?

WILL FIND OUT TONIGHT AT 6PM !!

ITS Gonna be great!!!

WHAT ARE THE %'S OF HITTING 24 AND 48 ?????

I KNOW.. WILL PETER TELL YOU ????

significant

SUBSTANITAL #SIGNIFICANT #MARKETHISTORIAN #CPI AND #FED move the markets..

greenmike94871
greenmike94871

ericoh792283 said:

My take away from 2 years of subscription: Peter is wrong on his intuition most of the time because he’s bearish all the time. Projections have been alright. But Peter goes against his on projections. Therefore if you follow his recommendation on trading you have lost most of your trading account.

Very simple, Market letter writer don't trade anything, Money is made by supplying services. One has to decide who is right, the software or Peter. In 1929 Money was linked to Gold, printing money without gold was little problematic. Now we have Digital money. Arthur Burns can with keystroke buy up anything like during Covid. 1929 crash is less likely, Inflation is more likely. Paper money is getting devalued everyday. Peter is old school, still looking for 1929 type crash. Money now is created from thin Air, not backed by Gold or Silver Stick with Projections

Everything is electronic. No real share certificate. Everything is a ledger entry. Think for a minute.

https://x.com/GeorgeGammon/status/1790745888039608797

daniel039209
daniel039209

XXSPOWER127 said:

AND ....... as I thought the 24 will OPEN UP NOW

and

THE 48 WILL REVEAL ITSELF TODAY

WHATS BEHIND THE DOOR MONTY ?

WILL FIND OUT TONIGHT AT 6PM !!

No update from SMC tonight. was mentioned on video.

XXSPOWER127
XXSPOWER127

daniel039209 said:

XXSPOWER127 said:

AND ....... as I thought the 24 will OPEN UP NOW

and

THE 48 WILL REVEAL ITSELF TODAY

WHATS BEHIND THE DOOR MONTY ?

WILL FIND OUT TONIGHT AT 6PM !!

No update from SMC tonight. was mentioned on video.

I am not AFRAID TO GIVE AN UPDATE !!!

WE HAVE NO DOWNSIDE PROJECTIONS

THAT IS WHAT I HAVE BEEN SAYING AND UNTIL WE DO GET THEM - WE HAVE HIGHER PROJECTIONS

DAILY WEEKLY AND MONTHLY !! WHICH HE NEVER LOOKS AT

YUGE

XXSPOWER127
XXSPOWER127

$VXX $UVXY $VIX

ALL LOWER PROJECTIONS

WHAT DOES THAT TELL YA ?

REMEMBER BRIAN? he prob feels something... LOL !!!

XXSPOWER127
XXSPOWER127

DOW 40,000 ITS A BEAR MARKET FOLKS

( BARRONS HEADLINE ON SATURDAY ) ... NOT

daniel039209
daniel039209

XXSPOWER127 said:

I am not AFRAID TO GIVE AN UPDATE !!!

WE HAVE NO DOWNSIDE PROJECTIONS

THAT IS WHAT I HAVE BEEN SAYING AND UNTIL WE DO GET THEM - WE HAVE HIGHER PROJECTIONS

DAILY WEEKLY AND MONTHLY !! WHICH HE NEVER LOOKS AT

YUGE

Thank you for update!.

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