SPDR S&P 500 (SPY)

[deadjim]

I think my default state is a worry about what the next 5 years are going to look like. The 2020-2021 market was the most exuberant I’ve ever seen it in my life. Between it and this crypto nonsense (some of which I actually like) it just seems like the market has a lot of payback to give out. I would give a 200-300 SPY range bit the way they add and remove companies is kinda cheating. But definitely feels like just the start of what’s about to come.

Having said that, I’m a trader. Major opportunities coming from the short side and a major buy opportunity from the long side. Bear markets don’t really last longer than 2 years and this one started Jan 2022. So a little math… puts us at the bottom by/around end of 23.