Well I'm convinced I will be buying protection on monday. NURSE!!!!!!!!!!!!
I was just throwing out a random numberIt should be 1.5%, not 2.5% or 3.5%
- when I am sober, I can divide 24 by 16 relatively well
An 8% drop is not out of question
Traders after seeing 10 years worth of gains evaporating will most likely throw in the towel once further technical indicators start breaking down.....too many believe this bull market will keep going, however peak earnings, tariffs, 10 year building momentum, higher interest rates and stock buy backs slowing the bull market that's nearly a decade long will finally see a bear coming roaring in.
You are the guy who forecast a 40-60% crash in US indexes was "imminent" approx. 3 years ago. US indexes instead went up 50%. There really is a rule that says a guy that perpetually calls for market crashes over many years is a fool that should just shut up. You are that guy on here.
Thanks to all those delicious savory trillion dollar stock buy backs companies have been doing these last few years is the reason for the additional prop job in the markets.....without the buybacks my prediction would have rang extremely true but it didn't.
however it's just going to be that much worse when everything finally unwinds, a clean 30-40% drop is most certainly in the making! Why wait for the panic to sell when you can sell now and reap most of this decade long bull market.....
Nah, the guy that calls for market crashes over many years and is poor is a fool. The guy who calls for market crashes and is rich (due to selling research or running a tail fund) is a smart marketer.There really is a rule that says a guy that perpetually calls for market crashes over many years is a fool that should just shut up. You are that guy on here.