SMC Update Week Ending 11-22-24 Recorded 11-23-24

11/23/2024


Comments (4)
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daniel039209
daniel039209

So out of touch with the markets dynamics. Peter claims to be a “cycle guy”. Is his schtick that the cycles HAVE NOT BEEN IN UPTREND FOR LAST 2 years? By following his bearish advice - even though he says he only makes 2 rare recommendations while recommending that people run from stocks while NDX I think went up 100%. For statistics mavens- he will never make you 100% on a trade, guaranteed. And he will not shake his bearish view at 6020,6080,6135,6199….but his upper trend line will only be a short term “throw over”. Becoming a worse and worse joke

daniel039209
daniel039209

Also, you tout your bullish call in market in 1980. Well, the market was down 17% as there was a recession and the bear market that ensued from 1981 to lows of 1982 was another DOWN 30%. You keep blowing your horn on how you were bullish in 1980. So, since you always post the “one other time something happened” ; maybe , since you were dead wrong in the 1980 downtime for almost 50 %, and you’ve been dead to rights wrong for this 50-58% move in SPX; maybe the clock starts now( and prob another 5 months to my measure) as a possible turn. Using your “ wrong for 2 years and 50+ % “method. Excellent !

ericoh792283
ericoh792283

I think most of us stopped watching the videos. Just looking at price projections that’s all. If you followed and traded based on his videos, oh man, you have are not a happy camper.

daniel039209
daniel039209

ericoh792283 said:

I think most of us stopped watching the videos. Just looking at price projections that’s all. If you followed and traded based on his videos, oh man, you have are not a happy camper.

thumbs up!

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