Posted by bpozdoll1717 on 29th of Mar 2023 at 10:06 pm
Arun, what is your hypothesis? Do you believe the markets
are moving to all time highs? I’d be interested in your
forecast for the next 6-12 months given your analysis.
Curious not critical. My view is that the S and P is
still 16% off its all time high and I don’t see it getting back
there within the next year. I went to cash when Matt and
Steve warned over a year ago and have gone long on oversold
conditions a couple of times. This is all in my 401k.
Returns were 8% LY and 5% so far TY. I think 4300 or
so will be the peak for the year. I know far too many who
followed money manger advice to stay the course and stay all in
equities. They are told your new deposits will get in lower.
That is true but the majority of the old money would be
underwater. Let us know your forecast please. Thank
you.
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Arun, what is your hypothesis?
A follow-through day according to IBD. I'm not sure I ...
Posted by bpozdoll1717 on 29th of Mar 2023 at 10:06 pm
Arun, what is your hypothesis? Do you believe the markets are moving to all time highs? I’d be interested in your forecast for the next 6-12 months given your analysis. Curious not critical. My view is that the S and P is still 16% off its all time high and I don’t see it getting back there within the next year. I went to cash when Matt and Steve warned over a year ago and have gone long on oversold conditions a couple of times. This is all in my 401k. Returns were 8% LY and 5% so far TY. I think 4300 or so will be the peak for the year. I know far too many who followed money manger advice to stay the course and stay all in equities. They are told your new deposits will get in lower. That is true but the majority of the old money would be underwater. Let us know your forecast please. Thank you.