Australia's largest stock trading and investment forum Australia's #1 stock forum

SP500

Click for more information

0.58%

2,958.8 standard & poor's 500

BBUS, page-50

First 50 Last

Share
Profile

Follow
rogerken

2,730 Posts.

19

21/01/19

21:34

Post #: 37180183
Share

Originally posted by pete11 ↑

if the DOW goes back near 26,000 and the Sp500 goes near 2900 again, that will form a very nice near perfect DOUBLE TOP, which is a sign things have definitely topped out, im not sure if the indexes will go up near their all time highs, but BBUS under $5 is a great LT buy if you think markets will crash in the next 1-3yrs.
but some say the DOW could get to 30,000 by yrs end if the FED don't raise rates at all in 2019, and they manipulate the inflation numbers to show inflation is still low, anything could happen.

I have a target of $10 for BBUS, as I expect the markets to fall 40% which mean BBUS would go up 100% or double, in other words, so $5 BBUS x 2 =$10.

The only thing im wondering to profit from this coming crash is do I buy more BBUS or GOLD, I have plenty of both.
Both will go up during the crash.

Expand

do you think the S&P 500 will drop lower than 1,864? if so aim for a higher target than $10 for BBUS.....it was $15.45 when S&P 500 was at 1,864....I might be kidding myself but my target is $21

Value at posting: 2,670.7
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 14,393 more messages in this thread...

First 50 Last

Add SP500 (INDEXSP) to my watchlist