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Started By
Message
re: How far will the S&P 500 drop?
Posted on 4/5/25 at 8:16 am to SM1010
Posted on 4/5/25 at 8:16 am to SM1010
quote:
I wait for reversal signals to buy dips. Could be 20% more downside to go.
I’m with you but this one is a bit unprecedented and tricky.
The reversal signals I’m looking for are simply ‘stability and clarity’ in the approach. Specifically, I’m not buying back while we’re still in the negotiation phase. I will wait until the monetary majority of others recognize the consequence of no agreement and when we are able to establish true zones of agreement.
Then, it’s all back in.
Posted on 4/5/25 at 8:03 pm to Geaux Guy
quote:
The reversal signals I’m looking for are simply ‘stability and clarity’ in the approach. Specifically, I’m not buying back while we’re still in the negotiation phase. I will wait until the monetary majority of others recognize the consequence of no agreement and when we are able to establish true zones of agreement.
Then, it’s all back in.
Bingo. I've sold off some gold to position in cash better, watching for strong signals and support in the market.
Posted on 4/5/25 at 8:20 pm to SM1010
Depends, if we enter a recession then you always make a new low on the indexes before the recovery, so I think we could see a low between 360-340 on the SPY. I'm hedged for the drop because it is easy to play the legs down, the the low volume gap fills from the previous climb over the past 2 and a half years.
Posted on 4/6/25 at 7:41 am to trader_tiger83
quote:
Could crash to 3,800 but I think Trump will submit before that (and spin victory).
Did you see the South Park episode where Canada went on strike, the economy was destroyed and the lost trillions, but ended it for some bubble gum and restaurant coupons to get a win?
That’s our reality.
Posted on 4/6/25 at 7:43 am to Suntiger
quote:
I’m sincerely hoping that the large blocs throw Trump some small concession that they would have been willing to make anyway (see: the early Canada and Mexico “wins”) so Trump can claim victory, everyone snickers behind his back, and we all move on with life.
If either side chooses to dig in over the idiocy on these demonstrative boards, we are in for a world of hurt.
That was my thought day of. Still is
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