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Re: gfp927z post# 2004

Thursday, 06/01/2023 8:06:33 AM

Thursday, June 01, 2023 8:06:33 AM

Post# of 2599
gfp: I'm currently short about 0.01% of my net worth. I will scale in to the short side. 90% of our net worth is in our house and inflation hedging sectors of the markets. I own no bonds whatsoever. I think the fall is coming. Unless the S&P can break free of that 4200 barrier to the upside with volume and increasing breadth then eventually it will fall like Wiley-Coyote over the edge of the precipice. The S&P has gyrated in the trading range it sits in for quite a long time. Take away NVDA and it barely breaks even so far this year. Maybe NVDA is the biggest thing since the wheel was invented. But it surely priced at a very high multiple. I think the market is poised for a let down. Within a few days of the hideous debt capitulation getting signed, which is inevitable. The Swamp does what the Swamp does. We will be in debt up to 200% of GDP by the end of this decade. The River of No Return. Empire collapse.
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