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-   -   Analysis: Dow Jones projected to crash to 5500 level in 2017 (https://gfy.com/showthread.php?t=1182849)

mce 01-13-2016 03:17 PM

Analysis: Dow Jones projected to crash to 5500 level in 2017
 
Don't say you weren't warned.

http://etfdailynews.com/2016/01/13/w...-5500-by-2017/

Personally, I think the 2017 timeline is a bit aggressive. I'm thinking more around the 2018 timeframe.

Regardless, it's time to give hard assets a second and third look...

HeadPimp 01-13-2016 04:30 PM

For a non-institutional investor, playing the stock market is about as good as playing slots.

You will never win against computers that execute trades of thousands of shares in millisecond intervals.

rowan 01-13-2016 09:08 PM

Quote:

Originally Posted by HeadPimp (Post 20699088)
For a non-institutional investor, playing the stock market is about as good as playing slots.

You will never win against computers that execute trades of thousands of shares in millisecond intervals.

The large majority of humans are also totally shitty at predictions, even if they're an 'expert' in their field. It's an unfortunate part of human nature that we marvel when an expert gets something right, but quickly forget when they (more often) get it wrong.

Rochard 01-13-2016 09:18 PM

So someone I've never met is pointing me to a website I've never heard of trying to convince me something I refuse to believe.

Sure.

muthisdev 01-13-2016 11:15 PM

Quote:

Originally Posted by HeadPimp (Post 20699088)
For a non-institutional investor, playing the stock market is about as good as playing slots.

You will never win against computers that execute trades of thousands of shares in millisecond intervals.

If you are in for the long game, it is okay. Stock Market has better rate of return than leaving money in a bank.

Just don't withdraw from stock market during a bust.

mce 01-14-2016 02:46 AM

Quote:

Originally Posted by Rochard (Post 20699261)
So someone I've never met is pointing me to a website I've never heard of trying to convince me something I refuse to believe.

Sure.

Just remember to bump this thread when the DJIA crosses the 7500 mark on its way to the 5K-ish range.:thumbsup

Paul Markham 01-14-2016 04:27 AM

Quote:

Originally Posted by muthisdev (Post 20699325)
If you are in for the long game, it is okay. Stock Market has better rate of return than leaving money in a bank.

Just don't withdraw from stock market during a bust.

True words.

Just invest in long term stocks and leave the gamblers alone.

The problem is the lack of control we have over these gamblers.

pornguy 01-14-2016 06:49 AM

My parents did some investing when I was a kid. actually starting before I was born. They would invest about 12 dollars a month in bluechips. My moms portfolio is now worth more than 500k. Considering that she has been retired for 17 years thats not bad.

djroof 01-14-2016 08:19 AM

thanks for the infos...

ITraffic 01-14-2016 08:31 AM

Sell everything ahead of stock market crash, say RBS economists | Business | The Guardian

tammix 01-14-2016 08:35 AM

Quote:

Originally Posted by Paul Markham (Post 20699460)
True words.

Just invest in long term stocks and leave the gamblers alone.

The problem is the lack of control we have over these gamblers.

playing PowerBall is ok? :winkwink:

HowlingWulf 01-14-2016 08:45 AM

Don't we see these doom predictions every year?
Then when they're finally right they tout that for years and years...

PR_Glen 01-14-2016 08:47 AM

Quote:

Originally Posted by mce (Post 20699422)
Just remember to bump this thread when the DJIA crosses the 7500 mark on its way to the 5K-ish range.:thumbsup

how about we bump the other 500 threads about doom and gloom in the markets over the past 15 years instead? Nobody here predicted the mortgage crisis thing in 2008 either..

GFED 01-18-2016 07:29 AM

http://i.imgur.com/3yc7m6f.png

Protect yourself.
Covered calls, protective puts, short indexes.

MaDalton 01-18-2016 07:44 AM

i always base my investments on the GFY experts opinions...

VRPdommy 01-18-2016 09:18 AM

I predict that the false prophets will die from the lack of attention by the end of 2017.

ruff 01-18-2016 09:50 AM

Buy Bitcoin today, don't say I didn't warn you.

GFED 01-18-2016 09:58 AM

Quote:

Originally Posted by ruff (Post 20703225)
Buy Bitcoin today, don't say I didn't warn you.

Yes, not a bad idea to turtle into something our fed has less control of. I've got a recurring deposit at coinbase. I think bitcoin is a valid investment.

OneHungLo 01-18-2016 10:42 AM

Quote:

Originally Posted by PR_Glen (Post 20699644)
how about we bump the other 500 threads about doom and gloom in the markets over the past 15 years instead? Nobody here predicted the mortgage crisis thing in 2008 either..

Exactly. The same guys were telling us to build bunkers in our back yards and melt our gold down for bullets in 2001, 2005, 2007, 2008, 2010, 2012, 2015 and now, in 1 year the Dow will lose 75% of its value.

If you're a trader, I would be shorting but if you're not retiring in the next 5-10 years and you're a long-term investor, you'll be fine.

Barry-xlovecam 01-18-2016 10:48 AM

How low will she go?
 
http://quotes.ino.com/charting/histo...15&a=50&v=dmax

I remember the DJI was less than 1000 for some time during the Regan recession in 1982 or so. The bottom may be 9000 this time IDK really .... That is a lot of paper wealth destroyed.

mce 01-18-2016 05:35 PM

Quote:

Originally Posted by Barry-xlovecam (Post 20703282)
http://quotes.ino.com/charting/histo...15&a=50&v=dmax

I remember the DJI was less than 1000 for some time during the Regan recession in 1982 or so. The bottom may be 9000 this time IDK really .... That is a lot of paper wealth destroyed.

I feel bad for people who have a lot of MARGIN EXPOSURE.

Ouch........

ilnjscb 01-18-2016 09:53 PM

Quote:

Originally Posted by GFED (Post 20703083)
http://i.imgur.com/3yc7m6f.png

Protect yourself.
Covered calls, protective puts, short indexes.

short naked, write naked calls, really risk it all! woooooo!!

mce 01-19-2016 12:41 AM

Quote:

Originally Posted by ilnjscb (Post 20703949)
short naked, write naked calls, really risk it all! woooooo!!

Hey.. high risks, high reward, right?

Right :helpme:(:Oh crap

Joshua G 01-19-2016 06:33 AM

i agree its a beginning of a period of sideways to down movement over the next several years. The oil crash & its bankruptcies will not resolve itself in only months. Chinas true picture is sketchy, wont resolve in only months.

The fed has no choice but to raise rates. they been at zero over a decade & its killing the savings rate, generating fresh bubbles in stocks & real estate. whats the Fed gonna do if the economy slows while rates are at zero? they will be helpless. gonna need a new government bailout! so the Fed cannot keep the bull going forever, & raising rates is not bullish for stocks.

great time to be in cash, relax, wait for the time to get great dividend paying stocks at great prices. my eye is on Exxon & duke energy. Their charts are seriously outperforming the market at the start of this year!

:2 cents:

ContentPimp 01-19-2016 06:50 AM

Technology could kill 5 million jobs by 2020 - Jan. 18, 2016

RummyBoy 01-19-2016 07:39 AM

Interesting to see what happens this year. If you search youtube youll see Kiyosaki has been predicting a massive meltdown in 2016 for many years.

mce 01-19-2016 12:28 PM

Quote:

Originally Posted by OneHungLo (Post 20703279)
Exactly. The same guys were telling us to build bunkers in our back yards and melt our gold down for bullets in 2001, 2005, 2007, 2008, 2010, 2012, 2015 and now, in 1 year the Dow will lose 75% of its value.

If you're a trader, I would be shorting but if you're not retiring in the next 5-10 years and you're a long-term investor, you'll be fine.

The problem with forecasts is precise timing. Still, it pays to see the larger picture since the implications can be DEVASTATING.

woj 01-19-2016 12:56 PM

Quote:

Originally Posted by RummyBoy (Post 20704267)
Interesting to see what happens this year. If you search youtube youll see Kiyosaki has been predicting a massive meltdown in 2016 for many years.

Kiyosaki? really? that guy is a nobody, he wrote a somewhat popular fiction book 20 years ago, and then milked it for all he could... he has zero qualifications to be considered an expert on any topic, let alone the US stock market... :error

ilnjscb 01-20-2016 09:26 AM

Quote:

Originally Posted by woj (Post 20704701)
Kiyosaki? really? that guy is a nobody, he wrote a somewhat popular fiction book 20 years ago, and then milked it for all he could... he has zero qualifications to be considered an expert on any topic, let alone the US stock market... :error

Ummmm maybe. I thought exactly what you say above, literally thought the guy was a fraud, then he went on a show and said, buy silver. Over the next 3 year, silver went up like 400% and took a while to come down. He could have been lucky, but it is really hard to call the metals markets like that. If he makes another good call, I'll suspend my skepticism.

Barry-xlovecam 01-20-2016 11:44 AM

2981.03 or about 16% loss in the DJI in 52 weeks ...

mce 01-20-2016 07:18 PM

Looks more like a slow motion wreck....

I wonder how the looming oil industry-related bankruptcies are going to impact the overall market.

mce 01-24-2016 05:24 PM

Anyone notice that when the market hits the skids, there's always talk of Central Bank meddling which shoots the market back up again?

I wonder how long this will keep up.......

Aren't some euro economies in recession already?

Anyway, the FUNDAMENTAL PROBLEMS forcing stock markets down aren't going anywhere anytime soon: Early 2016 Global market correction arrives as expected ? Stock news That Matters

mce 01-30-2016 09:03 AM

Notice that the 2008 had a run up which also featured small crashes and major pops.... That's a dead giveaway.

bushwacker 03-18-2016 09:25 AM

Yep it's definitely on the way to 5000 :eek7:eek7

rabbit 03-18-2016 11:26 AM

even a broken clock is right twice a day... plus you can dig up a shitload of such articles from every year without fail...

rabbit 03-18-2016 11:29 AM

not saying market wont correct...or crash... but that most of these charlatans have no skin in the game and nobody calls them out when their 'predictions' fail. market is random, pure n simple. everybody sees patterns, but market is all about chaotic randomness. sure, there's order in chaos, but most of the patterns we see or deduct are not really there.

Barry-xlovecam 03-18-2016 02:41 PM

A lot of money was made on the volatility

http://quotes.ino.com/charting/histo...=15&a=50&v=d12

You are talking 2/3 of the equity value lost in 2017.

https://upload.wikimedia.org/wikiped..._graph.svg.png

That is twice the percentage loss of the Great Depression.


That is like predicting the Messiah. 99% unlikely.

Goethe 03-18-2016 06:48 PM

I trade. Long and short hedges on individual stocks and indices. Keep it tight and don't allow a position to get away from you. I use this company: IG.com

The Porn Nerd 03-18-2016 07:18 PM

Invest in high-end custom classic cars. Much better short term gain.

Paul Markham 03-20-2016 03:56 AM

Predicting a financial crisis is on its way is easy. There's always one its way. Getting the year spot on isn't that hard.

It will always be like this with uncontrolled financial markets, overspending, overborrowing and gambling a $100 is really worth $150.

https://en.wikipedia.org/wiki/List_o...banking_crises

mce 03-20-2016 01:14 PM

There's always a nice little run up before the BLACK SWAN shows up

DBS.US 03-20-2016 01:17 PM

Buy when they cry

ITraffic 03-20-2016 01:17 PM

Even a broken clock is right twice a day.

rowan 03-20-2016 05:36 PM

Quote:

Originally Posted by mce (Post 20787915)
There's always a nice little run up before the BLACK SWAN shows up

Think about it, by definition, it would not be a black swan event, if there's signs of it approaching...

I was reading about a physicist who did some fancy math and predicted the GFC, before it happened, and regressively, prior crashes such as the late 90s tech crash, and the 1990s housing crash in Japan. Can't remember details but it was some sort of oscillation that is usually related to physics data. Even these "black swans" have clear indicators.

mce 03-20-2016 06:27 PM

Quote:

Originally Posted by rowan (Post 20788671)
Think about it, by definition, it would not be a black swan event, if there's signs of it approaching...

I was reading about a physicist who did some fancy math and predicted the GFC, before it happened, and regressively, prior crashes such as the late 90s tech crash, and the 1990s housing crash in Japan. Can't remember details but it was some sort of oscillation that is usually related to physics data. Even these "black swans" have clear indicators.

All I can say is... After all the tears have dried... Don't tell me I didn't try to warn you all.

crockett 03-20-2016 06:41 PM

Every election year they do the doom and gloom about the stock market crashing..

mce 03-24-2016 03:46 AM

Quote:

Originally Posted by crockett (Post 20788809)
Every election year they do the doom and gloom about the stock market crashing..

So you're saying it will never crash? :helpme

crockett 03-24-2016 04:36 AM

Quote:

Originally Posted by mce (Post 20797601)
So you're saying it will never crash? :helpme

chicken little was eventually right wasn't he?

OneHungLo 04-14-2016 09:11 AM

As the Dow is about to pass 18,000...

bushwacker 02-10-2017 02:02 PM

:1orglaugh:1orglaugh:1orglaugh:1orglaugh:1orglaugh


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