kidze

$SPY I'm still bullish

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AMEX:SPY   SPDR S&P 500 ETF TRUST
Yes I have posts about $SPY $SPX having a monthly combo 13. But I'm still bullish. Let's assess the situation: WE DON'T WANT TO HOLD CASH. Cash is burning 5% a year. No one wants cash, people have to put money into something. And the best option is still stocks, historically and always.

Speaking technical, we are at the 25% of the move from $422 to $446. Also at lower BB which $SPY loves to bounce from. Everyday has a lower wick so is today.

Risky call but I'm still going to make it. Still holding my 5k target $SPX before any significant crash

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