I’m laughing my ass off at all the perma bears that were calling for a crash today. There were literally hundreds of youtube videos this weekend calling for a monster gap down this morning, many looking for an 87 crash.
We may not be completely out of the woods yet, but this isn’t the start of a bear market.
10,000 is going to be a piece of cake. 20,000 is going to be a piece of cake as I now think the long term bull scenario is the more likely path ahead and the bull still has 10-15 years to go. My original thought was that the market was ready to begin a parabolic move higher, but I said I could be wrong and instead this is a long term bull with many years yet to go. It’s starting to look like Chris was right, and the long term bull is the correct scenario.