Dollar cost average into spym or upro (if you’re into leverage ETFs like me)

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AI slop. So this is what the circle jerk is all about, getting ai to create memes. Now my upro longs are powered by this ai circle jerk and not meaningful ai solving world problems. 

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I’m a perma bull but please don’t make my upro go parabolic up

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In my early years I used ma macd and stochastic then ma and macd then macd then ma then with nothing now. Not because they aren’t useful, just that I’m 90% full port upro 

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Meanwhile I’m waiting for upro to split 

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Your comments in this thread are a bubble indicator to me: * Large six-figure positions in UPRO and TQQQ when the S&P 500 valuation measures by CAPE ratio, Buffett Indicator, and Mean Reversion metrics are all at 1929/2000/2021 levels [(2 standard deviations above historical trend](http://currentmarketvaluation.com), which were all bubbles in the past that preceded crashes). Valuation-wise, there is almost no denying that the market is in a bubble. * "Not even Trump attempting to nuke the entire economy could bring it down 25%." A 25% market drawdown wouldn't even bring the market valuation down to the historical average line. It could go down much further than that. * A 50% market drawdown will be a killer for anyone who just went all-in lump sum any time semi-recently. A 50% market drawdown is definitely plausible when the market is this over-valued. And with so many more degenerates crowding into call options, leveraged ETFS, meme bubble stocks (crypto, NVDA, TSLA, PLTR), and going in big on every single dip/rip more than ever, that 25-50% market drawdown will be more like a 90%+ drawdown for most degenerates in reality. * You say that so many people are waiting for a crash as a buying opportunity that it's going to immediately be over-purchased and money will get pumped. But then in a follow-up comment you offer up evidence that too many people have already piled in already (Retail going from 10% of total equities trading volume in 2010 to approximately 25% by 2021, with recent estimates at 30% and 37% of daily trading volume). * Faulty logic: "We'll continue toward the moon because we have no where else to go." Here's where else we could possibly go: DOWN. * Famous last words: "And I fully believe we can't even crash anymore."

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It is hilarious to me that people panic over 1% drops but no one bats an eye at 30% YOY gains. The market must go up or everyone is screwed. A full blown 30% market crash across multiple circuit breakers would only restore us to... January 2024. And I fully believe we can't even crash anymore, because so many people are waiting for a crash as a buying opportunity that it's going to immediately be over purchased and money will get pumped. We'll continue toward the moon because we have no where else to go. ETA: Positions, $400k UPRO, $100k TQQQ, $600k VOO

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