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To: Real Man who wrote (19262)	11/1/2023 11:32:00 PM
From: Rarebird	Read Replies (1) of 26251

Your crash view is not off the table. SPX can easily rally in a countertrend move to $4350-$4475 before rolling over hard to $2900-$3300. Then we get a multi-year bear market rally where everyone thinks the bear is over. Ultimately, a close above SPX $4500 and $4600 negates the crash scenario temporarily. We all knew this was all about the bond market, in particular, higher yields from the 10 year. Thing is it is still a bear market. Only sector I know of that has hit new all time highs is Insurance.

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