Viewing a single comment thread. View all comments

Potential_Project_48 t1_j2f6wb7 wrote

Reply to comment by DaddyDersch in 12-30-22 SPY/ ES Futures and Tesla Weekly (and yearly) Market Recap and Analysis by DaddyDersch

Taxes, if that's not enough, the quarterly obligations suck ass for the interest charged on them if not paid...

Yeah, that's exactly why he predicts that. He even said the capitulation could be delayed until mid year as well to July. Reason being that vol sellers have completely pushed skew to the zero percentile, and they will continue to do so. Interest rate shocks take a long time to move through the system. Optimism can pick up and we even break out of the downward trendline as it seems that we are indeed getting a soft landing along with fed pause...

Until the unprecedented tightening hike effects finally burst through the pipeline, the shit hits the fan, and we enter a depression. Crash.

2

DaddyDersch OP t1_j2fa9yf wrote

I truly an weighing the odds that we consolidate from 3600 to 4100 for most of 2033

1

Potential_Project_48 t1_j2fcqpu wrote

That would be max pain...just like the 1970s lost decade... And that's the most similar bear market we are in...at least 2022 had a down direction, next years going to suck, I can already taste it

2

DaddyDersch OP t1_j2fnp1x wrote

Im trying to decide if a true just solid non fucked market wide and year or two long consolidation period would be harder or easier to trade than this years bullshit market

1