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Pastimes : Da_cheifs vomitorium -- Ignore unavailable to you. Want to Upgrade?


To: Mongo2116 who wrote (6747)5/6/2023 8:47:15 PM
From: da_cheif™  Respond to of 7553
 
but he believes in all the wrong ones like Jeremy Gantham,...;.lolol
From: POKERSAM2/26/2022 1:43:11 PM

Read Replies (2) of 38841
Legendary investor Jeremy Grantham sees a 'superbubble' in markets and expects the S&P 500 to crash 43%. He recommends overseas stocks and cash as havens.

Shalini Nagarajan
Mon, February 21, 2022, 12:19 PM·2 min read

I see a 54% correction from the top of 4818 S&P. Target is 2200.

Seem outrageous?? Nov. 2007 to Feb. 2009 S&P dropped 57%.



To: Mongo2116 who wrote (6747)5/7/2023 5:47:23 PM
From: #Breeze2 Recommendations

Recommended By
Da Rookie
Winfastorlose

  Read Replies (1) | Respond to of 7553
 
Mongo, here's another EW lesson for PS aka Yosemite Sam.

I've labeled the complete Supercycle Wave count for the NDX. I have callouts for the Fibonacci retracement levels and a Cycle Wave III price extension all consistent with EW rules and guidelines.

Cycle Wave V of Supercycle Wave (I) is in play. Wave fives can truncate (a double top) or extend. Too soon to project. But I labeled a price target based on its Fibonacci price extension per an EW guideline.

I've also noted a few running flat corrections so he can expand his repertoire and add to his crayon drawings.

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