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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (158872)

6/8/2020 1:05:43 PM

From: Horgad

Read Replies (1) | Respond to of 218160

100% (a)	3,393
76.4%	3,109.564
61.8%	2,934.218
50%	2,792.5
38.2%	2,650.782
23.6%	2,475.436
0% (b)	2,192

Sitting at 3207 now, it looks like the S&P 500 blew through the Fib retracements to me. Next stop 100% retracement/double top or blue sky?

To: TobagoJack who wrote (158872)	6/8/2020 6:55:28 PM
From: stsimon	Read Replies (2) \| Respond to of 218160

When 2nd quarter U.S. GDP gets recorded the stock market will likely be at the highest valuation to GDP in history by a wide margin. Doesn't mean that it can't go even higher, but I wouldn't count on that for too long.

To: TobagoJack who wrote (158872)	6/8/2020 7:02:45 PM
From: carranza2	Read Replies (3) \| Respond to of 218160

Oh, Jay, such a spoilsport. Just as I thought my bull market pure genius stock picking wizardy had come back to life, you throw a wet blanket over it, even on Tesla, which is going bat-poop cukooo crazy along with a bunch of others. LOL! Seriously, I am very conscious of the dangers. There is absolutely no fundamental reason for this market to do what it is doing, though I do love it - sort of. Well, there is a reason, or should I say a few trillion of them, which were recently created. Best, C2