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One trend I'm watching is the S&P 500 is taking a loooonnng time (since it topped out 11 months ago in January this year) to drop 17%. Historically that usually means it has further to go (i.e. 49% drop starting March 2000 took 2 and a half years, 56% drop starting October 2007 took 1 and a half years). So I'm staying out too.

One way I made nice coin in 2020 is because I saw it drop 30% in 2 months. I was out expecting a 40+% drop, but in March when I saw that it had dropped quickly like it did in 1987 (dropping 30+% in a few months) I jumped back in to catch the rebound.

13 posted on 12/14/2022 11:42:56 AM PST by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)

21 posted on 12/14/2022 1:38:14 PM PST by WildHighlander57 ((the more you tighten your grip, the more star systems will slip through your fingers.) )