re: Will we ever get another major market crash/depression?

Yes.

But it will be driven by an external event such as EMP wipeout

quote:

---

15% haircut from all-time highs is SP 6000. I think we see it this yr.

---

I’m in agreement, although I suspect we may be in the minority on this forum.

S&P is currently at 6835 …..There is currently a major support level at 6700, which is only a .019 below current. If it breaks below 6700 … “watch out below” …. we could VERY easily see 6000 before it hits the next major level of support.

For this very reason I began hedging in early Feb using inverse ETFs (QQQS, SH) as temporary insurance. I’ll rotate back into precious metals once they pull back to a less parabolic level (March, I think).

Metals will still provide a hedge for me, but it was time to take some handsome profits on them in January, … so I did. I am all in on taking out $6K gold in 2026 …. but I believe we’ll see $4,200 before we see $6K later this year. (My gold entry target begins at $4,500/oz. assuming RSI below 50)

Just my dos centavos …..