Current Forecasts - ET Extremists

SPX at 1882, and we get this post :

S2007S said:
30% correction? Try a 40-50% correction, s$p could easily be back below 1200 in no time....
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So S2007S is forecasting SPX to hit somewhere between 941 and 1100 on this leg down.
 
Here we get a guarantee that the US will be third world in 8 years :

povstanets said:
Debt is around 80% of GDP, post WWII was the only other time in history it was higher, so yes not unprecedented but close. Over 100% of GDP is usually the tipping point for banana republics, Greece is at 175%, etc. - debt has already risen from 10 to 18 trillion over the presidents term, 8 more years with that level of spending (which is guaranteed due to Medicare and SSI) and the USA will be in the company of Greece.
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This poster thinks depression is inevitable because a 80-90 year cycle is due :

Handle123 said:
We are due for a World depression as they normally occur every 80-90 years. I started seven years ago cost averaging gold and earlier in year reversed of US Dollar. When end comes, put cash into Swiss Franc currency. Few years later, buy rental homes for cheap. My Grandfather was buying blocks of houses in 1930s in Chicagoland, he was a tightwad, but I learned much from him. It good to make money and teach kids to work their asses off, not many hands you anything for free.

I do agree market will be making new highs next six months, market is basing.
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Handle123 said:
This poster is like newscaster on channel no one watches and makes insignificant posts.
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He got annihilated in 2008 and then started the "wind at his back" bullish posts around 2010...if you notice, he'll tell you he went long only after the market has moved significantly in his favor...he tried that a few weeks ago only to have his ass handed to him a few days later...

He also wanted to have all of his posts removed a few years ago AND wanted to sue the owner of this site...the guy is off his rocker.
 
der_kommissar said:
He got annihilated in 2008 and then started the "wind at his back" bullish posts around 2010...if you notice, he'll tell you he went long only after the market has moved significantly in his favor...he tried that a few weeks ago only to have his ass handed to him a few days later...

He also wanted to have all of his posts removed a few years ago AND wanted to sue the owner of this site...the guy is off his rocker.
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You're a clown who makes things up to push your agenda. This thread was a simple list of actual projections made word for word in one place. Yet you seek to distort it with your half truths and lies, which is precisely the reason I left the site in the past. Now, I don't really give a shit, and this is precisely why I no longer make many forecasts or trade ideas on this site.

Recently, you said I was uncontrollably bullish, a fake claim that some made in the past as well. What did I actually post on this site ? I said I went to 100% cash in 2013. I forecast a correction in US equities at some point in 2015. And yes, my last investment is underwater but I'm holding TSX because I have confidence that long term TSX is oversold ( fundamentals support my claim ). I make no such claim on US equities, I am totally indifferent on US index direction at today's levels. If TSX doesn't rebound to 14070 at some point, then yes, I lost money. But I'm not too worried, my loss at this point on that is less then the premium I made swing trading equity indexes long from 2009-2013. I don't expect to get every trade right and I got caught on this one and failed to bail at a 1% loss which I considered doing.
 
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Nine_Ender said:
You're a clown who makes things up to push your agenda.
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Like a perma-bull that starts a thread to cherry pick the most extreme downside projections and claim that is a consensus opinion...Yep, you've got "no agenda"...

Maybe you should start another thread in Feedback to whine some more.
 
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