The stock market is in what I believe is a historic,final parabolic leg of a 44 yr secular bull market.I am raising some of my targets as follows: SPX 10,000, Nasdaq Comp 36,000, DJIA 67,000, RUT 4000, QQQ 950, SMH 800, gold $7000 & silver $200. My other targets remain unchanged.
@DaveHcontrarian I can see the stock market hitting new highs with all the froth that's around at the moment, but what will pull gold and silver higher before the bust? I can see them going a lot higher after that.
@DaveHcontrarian This is so utterly not contrarian. Every “macro strategist” constantly is calling “up and then down at some point”. You doing get points for this bro
@HetMachtigePSV That’s the late cycle move Money leaves growth/software and goes into old economy commodities, and hard assets but the melt up still lifts everything eventually
@DaveHcontrarian Won't it suck for you if this is the top and you sit waiting for something that doesn't happen and the party ends prior? How did you do in the 2000-2002 and 2008-2009 bear markets? Sell at the top? Just curious