Pretty chart
Consensus of pundits is bull market will end in Q1 2022
Should we frontrun
But Peter Lynch said,
“Far more money has been lost by investors preparing for corrections than has been lost in corrections themselves.”
In limbo again.
Just rebalance. For instance, if you are in 100% stock fund (like SPY), rebalance into a 60/40 stock/bond fund. That way, you will continue to get some benefit from the gains, but will have sufficient downside protection whenever the bull market ends.
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Thanks. Rhetorical question for me because I don’t care less for my buy n hold portfolio of AAPLs and S&P index fund. I don’t rebalance nor hedge… hold them for nearly 25 years this way. I don’t believe in holding bonds.
Boy, need to put my pattern recognition cap on again… below is the EWA for QQQ. Which price action would @manch want to see? Wait… he doesn’t know what is price action ![]()
I think it’s getting close. Maybe another 5% but either way, I’m average buying in right now.
EW picture of SPY.
Not certain that wave 4 has completed or not ![]()
However, the picture could be clearer next week, price action would tell us.
SPY looks like still in wave 4 while growth is mooning.
EW picture for QQQ no change so too lazy to make new one. Attached is the old chart
with two lines added, green and red.
SPY broke above the downtrend, I am cautiously optimistic that wave 5 has started.
Using my super duper EWA, wave 5 is expected to be completed around 500 before Apr i.e. about 5 months of rallying.
I sold SPXU for a loss
and bought UPRO
All the talks about increased CPI would crush the stock market get me on the wrong foot ![]()
Like from that snake head Rob?
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Too ecstatic with the gain to spar with you, please take care your family if you are that free ![]()
this is from last year, not this October. 













