The legendary investor who predicted the past 2 bubbles breaks down how the 9-year bull market will
- Thread starter Altavest_Erik
- Start date
Vanguard also says there's a 40% likelihood we will enter a recession within the next couple of years. The writing's on the wall ...
https://www.nytimes.com/2018/08/10/business/vanguard-recession-economy.html
From late 2012 :
https://www.forbes.com/sites/schifr...-be-a-dangerous-year-for-stocks/#46dd694a7010
As I expected, this guy is likely bearish all the time in a bid to say he predicted every stock market drop. You're an idiot to pander to this stuff. The SPX went up 32% in 2013. What possible good did this guy do saying that year was going to be "dangerous" for equity investors ?
I keep telling people about this
https://www.dailyfx.com/sentiment
when the crowd is this afraid of stocks - 30:70 long short, and is this hungry for 'safety hedges' - 10:90 on gold and 20:80 on bitcoin, there is no way stocks can 'crash'.
we are in the 3rd inning... go all in!
https://www.dailyfx.com/sentiment
when the crowd is this afraid of stocks - 30:70 long short, and is this hungry for 'safety hedges' - 10:90 on gold and 20:80 on bitcoin, there is no way stocks can 'crash'.
we are in the 3rd inning... go all in!
lol. How many of us have positioned ourselves for these impending drastic shifts only to become over leveraged and subsequently washed out? I have and so many well to do traders I used to interacte with have too.
I have to admit I'm wanting to preemptively be positioned for a severe downturn.
I have to admit I'm wanting to preemptively be positioned for a severe downturn.
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LOL;
never heard of him- but sounds like you have. LOL. Many way$ to figure -it [SPY,QQQ] uptrend is not 9 years old @ all; but usually get a down move by SEPT end. NOT a prediction
But we are all above average traders, some on ET reported turning $2000 into $2M in a year, in paper trades.
After reading the article, what he said actually makes some sense to me. He is not saying the market has an imminent crash coming.
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Well with 99 billion he has may or may not have a good sales arm??; But with no numbers on track record , in that article ,tells me a lot+ none of it good. Fidelity funds with 2. 5 trillion may or may not or help more; but @ least they publish numbers/ % gained. And also ; he should have given credit to Mr Hircsh Stock Traders Almanac