You only missed your SPX forecast by 1000 points. You might want to rethink what compelled you to come up with this theory.
POLL: Big crash coming this week?
- Thread starter orbit23
- Start date
You only missed your SPX forecast by 1000 points. You might want to rethink what compelled you to come up with this theory.
That happens to me a lot!
Yer out of your skull man.
Why? It wouldn't be anything out of the ordinary... You get crashes once per 10years if i am not mistaken?
2008 was 60% crash. If we get 40% there, it could still be seen just as an correction. $2600-$2700 SP500 seems like a nice buy.
The thing though is FED is printing insane amounts of money, so the only way it can happen is quick and violently. And it will likely be unsustainable as well as they will just print more money. So potentially once in a lifetime opportunity to buy the dip at point of greatest volatility and fear.
Pretty much everything goes up/down together, so probably if you want outsized returns, cryptocurrencies the best bet.
It's possible for a crash as this year has been a year from hell and the year's not over yet.
Massive bush fires, drought, pandemic, floods in Europe and China, Afghanistan overrun by Taliban, China flexing its muscle and turning inward, Hong Kong, Taiwan in cross hairs, fighting in Israel/Gaza with numerous rockets, Suez Canal blocked by container ship, North Pole ice melting, realestate prices rocketing everywhere.... wtf else next?
Massive bush fires, drought, pandemic, floods in Europe and China, Afghanistan overrun by Taliban, China flexing its muscle and turning inward, Hong Kong, Taiwan in cross hairs, fighting in Israel/Gaza with numerous rockets, Suez Canal blocked by container ship, North Pole ice melting, realestate prices rocketing everywhere.... wtf else next?
We already crashed last year. If you think another is coming anytime soon without a black swan you are dreaming.
10-20%? Sure. Crash? Not even close unless 20 is a crash in your dictionary.