DOW 22,000

> If the S&P500 were equal to the DJIA, it would be lower!

>WHY AREN'T YOU GETTING IN BEARISH 2X, 3X ETFs

Youre assuming that the S&P is fairly valued. At 17.1x forward earnings, it likely isn't. Beware.

Though if you are really convinced of this idea and want to put a trade on it, you could long the DJIA while shorting the S&P. You profit as long as the indexes converge. If they diverge or if your trading costs are larger than your gains, you will lose money.

>>1717985
>>1717975
You don't think when the DJIA breaks 20,000 there is going to be a euphoria in the markets?

>>1718004

Where is the euphoria going to come from? Mutual funds are sitting on very low cash balances right now. Institutions are the ones that can really move the market in a sustainable way. If the kind of euphoria that brings dumb money into the markets happens, that's not a market I want to be a part of. Joe Schmoe will pull his money just as fast as he put it in when the first sign of trouble comes.

>>1718011
exactly ride the pump then dump

I'm not talking about making a long term investment here

>>1718004
yes there will be but very briefly - I see a sharp increase of a few hundred points once it breaches 20k.

But then lots of people will start to take profits and rapid liquidations will begin pushing the market down significantly in a short time frame. The real crash will come later on this year.