SMC Update Week Ending 8-8-25 Recorded 8-9-25

Sun, 08/10/2025 Sunday, 08/10/2025 1:29 PM PDT


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adwhartonmd232
adwhartonmd232

Peter I plan to continue to listen to every second of your updates. I pray you will be correct and big decline starts very soon And you get to say “I told you so” I love to put what money I have back in the market after 70-80% decline and then as many say “ then go away and let it ride”

daniel039209
daniel039209

Peter, your view of the market in October 2022 was decidedly bearish. It is intellectually DIShonest to say you were NOT bearish. Plus on Jan 12 , Jan 16th you put on a FOX interview and You tube special to say how “ ferociously growling” you were as a bear. That’s bearish my friend. Still bearish thru May 2023-when attending a big NYC technical superstar event , Larry Williams asked you or pointed out to you “ Eliades, when are you going to turn BULLISH?” In Nov 2023, a few on here tried to talk you out of “total meltdown “ mode with worthwhile observations. You point out early April 2025 you were not so bearish but by May 13th you screamed from top of roof “ THIS IS TOP , down 60-80% coming” went straight up 20% from that call. You remained bearish. NDX is up over 110%. SPX is up 90+ %. It is intellectually dishonest to say “ market is NOWHERE except for 7 stocks” also most people invest in Vanguard and Fidelity and Schwab index finds that mimic the SP500. NOT the Value Line Geometric. 1 out of 25 people might know what that is. Just hogwash and you know it. You will never make 50% on downside. You certainly will never make 100% on downside , so you have missed one of top 2 or 3 maker moves in history. I’m afraid for subs , all you can do is dig in. If it wasn’t the high in 2023, 2024, aug 7,8th it will be Aug 27th - NVDA reports. Oh , that can never go up more than 2.9Trillion mkt cap. Well, ITS 4.46 Trillion today. Thst must be the top !!Or it will be Sept 18th after FOMC cuts rates or it will be Halloween because some other reason. Inconceivable how you would ever be positive on any growth in US economy / technology. Great way to make money- BE NEGATIVE - scares the crap out of people, and you know that sells better than “DOW 75,000” You did much better in the 1990’s went market was in a range , in trending market you are too anchored to your pessimistic view. Prove otherwise. Be intellectually honest, please

Miturbo2982
Miturbo2982

Peter, You will never make everyone happy unless you can call every turn in the market. That is unreasonable for any analyst and subscribers should know that projections sometimes get invalidated and sometimes the market moves way above or below them. Traders should use stops when they make initial entries, just in case their ideas do not work out. Money management is the most important thing for financial survival. Thanks for giving us the benefit of your many years in the market, but everyone has to be realistic and not expect that every call you make will work out. You have a right to be skeptical of this rally for many reasons of valuation and sentiment, but we all have to know that the market can make extreme moves at times that surprise all of us. I find your updates very helpful.

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peacock.profit_0o5379
peacock.profit_0o5379

Well Peter, all I ask of you as a subscriber is to honestly call out what you see and then we can make up our own minds using your views and the projections. I feel we may have a small correction now, but the Market will still roll on well into next year.Credit is still expanding, inflation is still ok, for now. Thank you very much for your efforts in presenting a lot of very thought provoking material. I find it ALL very interesting and useful in my own trading.

XXSPOWER127
XXSPOWER127

daniel039209 said:

Peter, your view of the market in October 2022 was decidedly bearish. It is intellectually DIShonest to say you were NOT bearish. Plus on Jan 12 , Jan 16th you put on a FOX interview and You tube special to say how “ ferociously growling” you were as a bear. That’s bearish my friend. Still bearish thru May 2023-when attending a big NYC technical superstar event , Larry Williams asked you or pointed out to you “ Eliades, when are you going to turn BULLISH?” In Nov 2023, a few on here tried to talk you out of “total meltdown “ mode with worthwhile observations. You point out early April 2025 you were not so bearish but by May 13th you screamed from top of roof “ THIS IS TOP , down 60-80% coming” went straight up 20% from that call. You remained bearish. NDX is up over 110%. SPX is up 90+ %. It is intellectually dishonest to say “ market is NOWHERE except for 7 stocks” also most people invest in Vanguard and Fidelity and Schwab index finds that mimic the SP500. NOT the Value Line Geometric. 1 out of 25 people might know what that is. Just hogwash and you know it. You will never make 50% on downside. You certainly will never make 100% on downside , so you have missed one of top 2 or 3 maker moves in history. I’m afraid for subs , all you can do is dig in. If it wasn’t the high in 2023, 2024, aug 7,8th it will be Aug 27th - NVDA reports. Oh , that can never go up more than 2.9Trillion mkt cap. Well, ITS 4.46 Trillion today. Thst must be the top !!Or it will be Sept 18th after FOMC cuts rates or it will be Halloween because some other reason. Inconceivable how you would ever be positive on any growth in US economy / technology. Great way to make money- BE NEGATIVE - scares the crap out of people, and you know that sells better than “DOW 75,000” You did much better in the 1990’s went market was in a range , in trending market you are too anchored to your pessimistic view. Prove otherwise. Be intellectually honest, please

Oh man this is a CLASSIC POST!! Of course he won't respond!!

BRAVO !!

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