Member
Posted 31 August 2018 - 06:35 PM
Based on some monthly SPX data from the internet going back to the bottom after 1929 (SPX hadn't been started yet?). But the exact numbers are not really critical. The wave structure is though. When the SPX eventually reaches these levels, the NDX will have reached infinity plus or minus. We'll be getting a lot closer when AAPL is finally trading at PE > 100 where it belongs.
Lee
Member
Posted 01 September 2018 - 05:07 AM
Based on some monthly SPX data from the internet going back to the bottom after 1929 (SPX hadn't been started yet?). But the exact numbers are not really critical. The wave structure is though. When the SPX eventually reaches these levels, the NDX will have reached infinity plus or minus. We'll be getting a lot closer when AAPL is finally trading at PE > 100 where it belongs.
Lee
slowly inexorably the wake up calls are coming around 675 ono
Member
Posted 02 September 2018 - 01:31 PM
I guess I am the only one starting to get bearish. I think we are in the euphoria stage and a hard downdrafte is coming. I wouldn't count out a 10% correction hy mid October. I think the data is going to show the economy is startinh to slow down more than expected. (JMHO)
