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Strategies & Market Trends : TRIPLE TRADES -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (2995)	3/21/2023 1:46:36 AM
From: Bull RidaH	Read Replies (1) \| Respond to of 4414

I agree it’s not over, and as this very sharp guys points out, the continuing crisis will force a PAUSE that will be like direct injecting nitrous oxide into the cylinders of the market. The effect won’t be forever, but will be enough to get us our 4840 diamond target followed by a stunning reversal that will decapitate the remaining bulls whom the Vax has spared. rickackerman.com Do you think the remaining bears can survive a quick 3 month diversion to 4840? My guess is less than 10% of them will survive it, and I’m probably being generous. Their nature forces them to over leverage and shoot their option wad early. As for fundamental analysis, it’s worthless without a good technical handle on the market. But in combining the two, one is able to call bullshit on red herrings and news traps. I was groomed to be a banker, and mastered every finance class in school (including banking) as if it were 3rd grade material. It took me less than 15 minutes with the SVB Financials and back story to know this was a staged and concocted crisis, over which one should not panic out of solid holdings at this time. But that day is quickly approaching, and I’ve already told you where the SPX will be when it does.