Replies to post #351080 on SPDR S&P 500 (SPY)

[Vandalayind]

Stretch the chart as looooooong out as you can.

See where the 200 is. In a bear market it usually gets there.

It doesn't have to get there, but I think an index drop is far from here.

Think it's ok to pick stocks here and there. I think anything thst tracks or contains index tracking ETF's is in for a decent bleed.

I don't think you have to fomo anything at all. FED hasn't even raised rates, and by the time they plan on it inflation will be 8%. Nect month the number gets rocked by gas and oil increase. No rush for me.

[Vandalayind]

And I think a large BTC drop looms in the future.

Should finish taking the wind out of the ARKK chasers.

There is still LOTS of leverage to unwind.