Markets will correct 50% from today’s close

Quote from IV_Trader:

within 2 years .
Mark today as a Black Bailout day .
Nuff said.
More...

I'm a bear on the market too, but 50% down from here is borderline disaster scenario (assuming you mean 50% on the S&P, not some b.s. index like the NASDAQ or RUSSELL).

I could see maybe another 25%, but that would be all. At that point, the government and the big banks/firms would step in and support the market otherwise their gravy train scams (401k's, mutual funds, buy and hold bullshit, etc.) would be finished.
 
I'm buying oil stocks with long-life reserves that are trading at 3-5X trailing earnings.

'nuff said. That stuff *has* to revalue at some point in time or another.
 
Quote from mysharona2:

All of you guys are wrong!

The market will go up 300%.

The bottom has been set. It's all up from here.

I am all-in and more. I am leveraged long and will just keep adding to my winning position.

If you borrow money at 8% and make 300% in this bull market, the difference is 292%. No brainer.

Buy this market. We are going to the moon.
More...
you know how stocks work?

werd?
 
Quote from BeatingtheSP500:

That type of prediction without reasoning is absolutely useless to anyone
More...

True , I will try to post some reasons behind my call later. I am also not advocating taking a short position at today’s levels. Any bearish call is a non-tradable in current (fixed) environment. Similar to “ Perfume.Com will go to BK one day” in late 90th. The prediction was right, but early shorts lost fortunes. Kind of operation was a great success but patient died concept
 
useless ? how ? just buy the rydex tempest fund and close your eyes and sit tight. i'll wake you up in 2 yrs.

the master of rydex - rytpx,
bgp
 
You must log in or register to reply here.
Back
Top