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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: ItsAllCyclical who wrote (10580)11/1/2020 5:23:12 PM
From: Rarebird  Read Replies (2) | Respond to of 96633
 
I expect the Market to bottom on 11/13/2020 with SPX between 2900 and 3050. At that point, risk is 10%, down to SPX 2700 and reward is SPX 6000. I like those odds, 2:1 upside vs 10% downside.

As for NVDA and SQ, all I am saying is that the stocks could go to zero and I am still a winner, along with other longs.

And I want to emphasize that those who did the best throughout the Pandemic (up to this point) are those who held a diverse group of equities. And I expect that to continue into 2021.