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Strategies & Market Trends : Market Trends & Market Chatter (Investment Ideas)
TIGR 10.16-6.9%Nov 4 3:59 PM EST
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From: Fintas12/15/2014 2:19:54 PM
1 Recommendation

Recommended By
toccodolce

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MAREKT CHATTER.

Many play with numbers.

So ya have to be congnizant when statements are made that are not quite accurate from a longer term perspective.

SO..


justa pimple on the elifantz arse 666 now 1995 yawn



The problem with that statement is the SPX in the year 2000 was 1570ish and dropped 44%.

Then it rallied as most know to the 1570 ish in 2007.. And again it then dropped apprx 54% to the 666 ish reference.

The problem is this person presents ONLY the move up from 666 and is identifying the drop to 1995 with a yawn.



Except back in 2007 as that same person was doing the yawn the SPX dropped 54%..


54%.. And as stated in 2000 dropped 44%.

The FACT is 1570 to 2079 ish is but 34% from the year 2000. 34%/14 years is ? I'm been called brainless by a few. UH HUH.

And those drops from 2007 and 2000 were no pimple but a serious. To present it casually suggests someone is not playing with their money.

Just as POG from 1900 to 1137. That's no YAWN but a serious loss for many. And for those who sit and say they own at 250/350/450/750.. Who says GOLD can not retrace to such?

It's ok to try to encourage. It's ok to be positive.

But this SPX is facing a min downside of 30% and that's a 1400-1500 ish.

That's no pimple. It's a blister.

I post this to keep it OBJECTIVE.

Why I'm the only one doing such is of interest.

Oh the last time the spx dropped it went from 2019 to 1820 or 9.9% apprx.

That was a leg down.. There are more coming.

Expect it.

Fintas
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