Indices & ETFs

Pretty chart

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Consensus of pundits is bull market will end in Q1 2022 :smirk: Should we frontrun :thinking: 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.

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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 :joy:

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I think it’s getting close. Maybe another 5% but either way, I’m average buying in right now.

SPX: Panda is warming up to a continuation of an uptrend after one more dive to 4223.

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Panda, Face ripper and this pretty chart all said the same thing.

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EW picture of SPY.

Not certain that wave 4 has completed or not :blush:

However, the picture could be clearer next week, price action would tell us.

Best place to do EWT is indices because of liquidity.

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Crash alert!

Broken clock is finally right? Or another giggle?

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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 :slight_smile: 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 :woozy_face: and bought UPRO :neutral_face: All the talks about increased CPI would crush the stock market get me on the wrong foot :face_with_symbols_over_mouth:

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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 :rofl:

this is from last year, not this October. :frowning:

One more circle. 100 years, return trumps any stocks.

Like most pundits, Puru, also predicts stock market correction in Spring/ Summer 2022, take note that correction in index means ROI stocks would be hit very hard… party like in any carnivals and leave so you don’t have to clean up…