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bobby4649
Peter cant you just focus on cycles. You have been bearish NDX since 13,000. it's clear you want to make a career call. but you're only costing people money.
daniel039209
bobby4649 said:
Peter cant you just focus on cycles. You have been bearish NDX since 13,000. it's clear you want to make a career call. but you're only costing people money.
From the most recent short sale recommendation, and subsequent 160-190 point SPX rally, I was monitoring SPY puts; they are down a minimum of 65%.And that was 8 days ago. I would imagine most people are NOT shorting futures to "only" lose 2.7%(6587-6415 is not "1-2%"') So, to your point, the losses are staggering from the daily negative view. Only, "buy idea" i can recall is the Vix over the past couple of years. negative on gold , bitcoin, nvda , djia, now MSFT
thomblas2051
bobby4649 said:
Peter cant you just focus on cycles. You have been bearish NDX since 13,000. it's clear you want to make a career call. but you're only costing people money.
From the April lows 12 trillion dollars flowed into the spx. Not once did
Peter call a bottom or got bullish at any point. Actually since the October 22 lows not once was he was bullish. And did call a bottom since then not even a single time, however there was around 500 calls for tops.
Last updated
daniel039209
thomblas2051 said:
bobby4649 said:
Peter cant you just focus on cycles. You have been bearish NDX since 13,000. it's clear you want to make a career call. but you're only costing people money.
From the April lows 12 trillion dollars flowed into the spx. Not once did
Peter call a bottom or got bullish at any point. Actually since the October 22 lows not once was he was bullish. And did call a bottom since then not even a single time, however there was around 500 calls for tops.
No respect for the money flows, price action, new highs, the innovation, the growth of technology in the US.
And , for factual reference to the 2000 bubble: CSCO traded at about 175 p/e. and SPX was 28 p/e Twitter people keep saying we are more expensive than 2000, its simply NOT true....
we are expensive right now, but that is what a bull market is about: higher and higher prices. Its a condition NOT a short signal for the last 20-50-90%
daniel039209
here is my .02 cents: they will force shorts to cover/market climbs thru FOMC decision on Wednesday then you can get some pullback. maybe all the way to SPY 642-644( which is last Fri low!). Until we break 50dma in SPX or NDX the uptrend is still intact. We crossed UP thru it April 30th.
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Peter cant you just focus on cycles. You have been bearish NDX since 13,000. it's clear you want to make a career call. but you're only costing people money.
From the most recent short sale recommendation, and subsequent 160-190 point SPX rally, I was monitoring SPY puts; they are down a minimum of 65%.And that was 8 days ago. I would imagine most people are NOT shorting futures to "only" lose 2.7%(6587-6415 is not "1-2%"') So, to your point, the losses are staggering from the daily negative view. Only, "buy idea" i can recall is the Vix over the past couple of years. negative on gold , bitcoin, nvda , djia, now MSFT
From the April lows 12 trillion dollars flowed into the spx. Not once did Peter call a bottom or got bullish at any point. Actually since the October 22 lows not once was he was bullish. And did call a bottom since then not even a single time, however there was around 500 calls for tops.
Last updated
No respect for the money flows, price action, new highs, the innovation, the growth of technology in the US. And , for factual reference to the 2000 bubble: CSCO traded at about 175 p/e. and SPX was 28 p/e Twitter people keep saying we are more expensive than 2000, its simply NOT true.... we are expensive right now, but that is what a bull market is about: higher and higher prices. Its a condition NOT a short signal for the last 20-50-90%
here is my .02 cents: they will force shorts to cover/market climbs thru FOMC decision on Wednesday then you can get some pullback. maybe all the way to SPY 642-644( which is last Fri low!). Until we break 50dma in SPX or NDX the uptrend is still intact. We crossed UP thru it April 30th.
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