I don't know is becoming annoying anthem for me.I don't know why the markets will roll over, and I don't know how much they will fall, but I do suspect we are near the end of this cyclical bull run inside the secular bear market. The historical charts indicated new all time highs on both the Spx and DOW before the next leg down.Further the old charts indicate that the next leg down will produce a new low for this bear market (circa 2000 - 2018).So for the SPX has mad it's high, but I suspect it can creep higher and finish the month of may at 1650.The DOW on the other and has another 10000 points left in it with a target of 17000. I suppose I should just strip the DOW components that are also on the SPX, and aviod them if that is even possible. To me, even though holding cash is painful, and somewhat risky, it is the only game in town until the 99 day rule kicks in.CheersQazulight
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar<