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2,958.8 standard & poor's 500

BBUS, page-70

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rogerken

2,730 Posts.

19

29/01/19

17:04

Post #: 37254499
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Originally posted by pete11 ↑

Originally posted by poolhustla81
S&P 500 will be under 1,000 within the next 12 - 18 months IMO. GFC mark II (but worse) is in the making here. BBUS to be $30+ when that occurs. The bubble is ready to burst. More debt in the system, the impact of 10+ years of loose monetary policy will finally be realised. Hold strong, it will pay off big time IMO

if the SP500 fell 60% BBUS would be up x2.5 so $5x2.5 = $12.50, where do you see BBUS at $30?

Another strong day for the markets, so BBUS should be under $5 next week, with more earning coming out next week, and they should beat the market, combined with the end to the US govt shut down for 3 weeks at least, combined with the FED keeping the $4.5trillion of bonds it has and not selling them for now, or slowing their selling, that should keep markets up for the short term, again if the DOW gets anywhere near that 25,500 mark again, that will be perfect to short and buy as much BBUS as you can.

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have a look at the charts; when the S&P 500 was at 1,860 in Feb 2016, BBUS was over $15 I expect the S&P 500 to fall under 1,400....if it fell below 1,000, where do you see it at?

Value at posting: 2,643.9
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