The S&P500 Has Dropped 20%

"To give you an example of what 24% would be, that would put the S&P 500 right around 4600 4700."

"as long as you don't really break the integrity of a 2024 high, there's always hope of a right translated cycle."

"If you go below that and you come down here, I wouldn't want to be the bear of bad news, but like you you probably get a counter trend rally off of it, but it would likely resolve to a macro lower high in sometime like in the August, probably like the August September time frame and then it would roll over in in uh in Q4 if it were to play out like that, which no one really wants to see."

"I I think that there's a good chance that whenever the Fed ended ends QT, quantitative tightening, you'll see a rally take place, especially if it happens this year."

"You could have something like that, right? Where you get sort of a brief recession in 2025 and then you get a bigger recession like in 2026."

"My guess is is sometime this spring. um whenever that counterturn rally really gets underway, does it just do it into a lower high?"

"So, there's a chance that the Fed just ends QT at one of the next couple of meetings, right? May or June potentially"

"I'm still the opinion that they're going to go down there."