Markets will correct 50% from today’s close

Dusting off the thread..
Having said so , I will run the fundamental scanner and post few target prices ( much lower that current levels). Clean balance sheets, dividends acceleration last 5-10 years , stable Payout ratio , insiders buying
Just in case
 
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...

This is the same reasoning that causes today's crisis.
 
First day of buying for me…Started to replicate (partially, no Fin or GM) equal weighted DOW .
High div yields, payout and some others fund’s.
Selling OTM calls (covered) two SD’s away
 
Quote from shortie:

nice call!

i originally misread the prediction "within two years" as "in two years".
More...

Well, back when this was said I wasn't thinking in terms of a 50% drop. I was thinking 9-10K Dow probably, 8K Dow maybe. But the cascading meldown of the financial system and the economic fallout has changed all of that.

I can see scenarios where, looking back, 50% will have been too conservative!

BTW, anyone know what happened to the moonshot guy? Did he burn up on re-entry or explode on take off?
 
You must log in or register to reply here.
Back
Top