SP500 DOWN to 2500 and then to 2200

SteveM · Dec 16, 2019

dozu888 said:
it's ok - threads like this is necessary confirmation that there is still lots of sideline money... these people are butt hurt from missing the biggest bull in our lifetime and they have been praying for a crash.

I haven't seen anything in this thread that is particularly negative about the market. OP was asking if a large downmove was possible, and I laid out a couple of scenarios where stocks could fall meaningfully.

S2007S · Dec 16, 2019

Buffet made a quote many years ago which I'm totally shocked only works in one direction. And that quote is

Be fearful when others are greedy and greedy when others are fearful.

Again this quote doesn't live up to what the markets are doing. It seems to only work when being greedy when others are fearful, but never fearful when others are greedy.

dozu888 · Dec 16, 2019

SteveM said:
I haven't seen anything in this thread that is particularly negative about the market. OP was asking if a large downmove was possible, and I laid out a couple of scenarios where stocks could fall meaningfully.

Of course anything is possible.

But. My pro boys don’t go thru the trouble of a 18 month long consolidation aka chip collection from feb 2018 to August 2019. Just so that they will drop the price to let dumb money buy back in.

The dumb money is quite empty handed right now. My boys most logical plan is to pull up for 15 months and then return the chips back to the mass. Aka distribution.

Clubber Lang · Dec 16, 2019

orbit23 said:
In the next few years, SP500 makes a SHARP and VIOLENT drop down to 2500 first and then 2200

Wow an epic collapse all the way back to where it was...12 months ago.

S2007S · Dec 16, 2019

Clubber Lang said:
Wow an epic collapse all the way back to where it was...12 months ago.

It would be considered an epic collapse since the market only knows one direction

CNBC would be running their markets in turmoil segment around the clock 24/7 ...I mean the do that when the s$p falls 3.7% in a week

orbit23 · Dec 16, 2019

Clubber Lang said:
Wow an epic collapse all the way back to where it was...12 months ago.

Exactly.

So why not. If 20-30% drop happened, it would feel completely different than it sounds now, trust me.

Amun Ra · Dec 16, 2019

orbit23 said:
In the next few years, SP500 makes a SHARP and VIOLENT drop down to 2500 first and then 2200.

What do you think? What are the odds of this happening?

If Trump loses 2020, then the odds are 100% we go to 2200 or lower. If Trump wins, the party continues for 4 more years and we see Dow 50,000.

trend2009 · Dec 16, 2019

Amun Ra said:
If Trump loses 2020, then the odds are 100% we go to 2200 or lower. If Trump wins, the party continues for 4 more years and we see Dow 50,000.

trump please loses.

Overnight · Dec 16, 2019

Amun Ra said:
If Trump loses 2020, then the odds are 100% we go to 2200 or lower. If Trump wins, the party continues for 4 more years and we see Dow 50,000.

FALSE. It doesn't matter who wins next year, we will be going down a whole lot in 2025. That is when provisions of Trump's 2017 tax plan expire. The market drop is inevitable. So enjoy the bull rush when you can.

SunTrader · Dec 16, 2019

GlobalMacro90 said:
Fed, central banks, blah blah blah.

Guys give it up already. The trend is up man. How much money needs to be left on the table for the Fed whiners to just buy.

Do you want to look smart or do you want to make money?????

Exactly the sentiment ... right before the dot bomb.

BTFD. Ok it dropped, now what do we do? BTFD again. Ok it dropped .... again. Now what? Rinse, repeat till the bottom comes and all the BTFDippers are out of the market. Till the next time.

Thank you to all those who only go long.