My gut tells me we are going to get a bounce here in both the stock and crypto markets. It seems to me Bitcoin and alt coins are going up a bit higher and in order for that to happen stocks are going up higher. Since the crypto market seems to move only when the stock market moves up as of late I see this trend happening for a bit longer. However at some point things are going to get rocky and the rug pull is going to be quite painful for many people. History does tend to repeat itself and rear it’s ugly head when it comes to these markets.
I believe your right about that this has all the ingredients of being wayyyyyyy worse than 08. Wayyyyyy more government debt since 08 we are going to crash and burn and crash and burn hard!
The MMRI looks like it is entering a base and if it breaks below, the next level it hits will be the 291 range. If it doesn't bounce off of the 291 level I will then enter the market as it continues lower...Patience !!!!
The risk to rewards make trades at these levels probable, but not profitable if actual stocks are being bought. Buy SPY for 50k to make $100. I will wait patiently. Risk levels go higher with options and still higher with futures.
I think you simply look at the fundamentals Greg. Everything you said in regards to the stock market over the years is true. What has changed? Nothing. Any significant pull back is a buying opportunity. Personally I don't see why another 20% move won't happen this year too. The AI boom is still firmly in place and the S&P is weighted heavily with giant trillion dollar tech companies. Exponential growth doesn't work like linear growth. To me, this is no time to be sitting on the sidelines. Cheers.
From my experiences with the fed when everyone expects values to rise they are guaranteed to fall. When everyone expects values to fall they will for sure rise. Thats the crystal ball of how they manipulate matkets.
I think this would be a good indication of new trend. And I’m sure we will get this indicator based on long term trend. I didn’t like Bitcoin and still don’t, but one day, after about 92k, I grew certain Bitcoin would make it over 100k. How could I be certain? Idk, but it happened. They are not pulling cash out of the market and they have been pumping it. So that’s what’s they are gonna keep on doing and I’m certain of it. How am I so certain? lol well, like Bitcoin, I would love to be wrong, I would love to see them do the exact opposite of what they have been doing, so I’m a poker player and i call. Let’s gooooo
100% agree
I agree 100% Greg
My gut tells me we are going to get a bounce here in both the stock and crypto markets. It seems to me Bitcoin and alt coins are going up a bit higher and in order for that to happen stocks are going up higher. Since the crypto market seems to move only when the stock market moves up as of late I see this trend happening for a bit longer. However at some point things are going to get rocky and the rug pull is going to be quite painful for many people. History does tend to repeat itself and rear it’s ugly head when it comes to these markets.
2008 was -50%, this time could be worse.
I believe your right about that this has all the ingredients of being wayyyyyyy worse than 08. Wayyyyyy more government debt since 08 we are going to crash and burn and crash and burn hard!
Blow off top a-coming.
Yes, but FOMO is strong :)
RISK IS OPPORTUNITY - RIDE THE SNAKE!
Without question ! Hold the powder
The MMRI looks like it is entering a base and if it breaks below, the next level it hits will be the 291 range. If it doesn't bounce off of the 291 level I will then enter the market as it continues lower...Patience !!!!
Fearful times for sure. Going long in these markets feels like Russian roulette.
Something's brewing, hold for now.
The risk to rewards make trades at these levels probable, but not profitable if actual stocks are being bought. Buy SPY for 50k to make $100. I will wait patiently. Risk levels go higher with options and still higher with futures.
I think you simply look at the fundamentals Greg. Everything you said in regards to the stock market over the years is true. What has changed? Nothing. Any significant pull back is a buying opportunity. Personally I don't see why another 20% move won't happen this year too. The AI boom is still firmly in place and the S&P is weighted heavily with giant trillion dollar tech companies. Exponential growth doesn't work like linear growth. To me, this is no time to be sitting on the sidelines. Cheers.
I am going to hold all of my current positions.
Wait wait wait. The bubble will burst eventually. Even after it bursts, wait until the dust settles, then we pounce!
From my experiences with the fed when everyone expects values to rise they are guaranteed to fall. When everyone expects values to fall they will for sure rise. Thats the crystal ball of how they manipulate matkets.
I hope everyone loses their shirt in the stock markets and 401Ks plunge.
They all wish you a happy new year as well.
Its probably the safest way to approach it.
I think this would be a good indication of new trend. And I’m sure we will get this indicator based on long term trend. I didn’t like Bitcoin and still don’t, but one day, after about 92k, I grew certain Bitcoin would make it over 100k. How could I be certain? Idk, but it happened. They are not pulling cash out of the market and they have been pumping it. So that’s what’s they are gonna keep on doing and I’m certain of it. How am I so certain? lol well, like Bitcoin, I would love to be wrong, I would love to see them do the exact opposite of what they have been doing, so I’m a poker player and i call. Let’s gooooo