I predict that the S&P 500 will be well under 5,000 by September 30th

Highlights in Review

On 30 April 2025 Walt said:
I predict that the S&P 500 will be well under 5,000 by September 30th, and I put my money where my mouth is. I have bought a bunch of SPY puts centering around a strike price of $500, all expiring on September 30th. If the S&P goes down to around 4,000, I will make quite a bit of money.

If the S&P 500 stays above 5,000, then you can laugh at me 🙃
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On 12 June 2025 gfm7175 said:
@Walt It looks like the S&P500 is sitting right around 6K atm... I suppose you still got 3.5 months to go yet...
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On 15 June 2025 IBDaMann said:
I'm just checking in. At the close of trading on 30 April 2025 (when you made your prediction), the S&P 500 index was 5,569.06

Two weeks ago, on Friday, May 30, 2025, the S&P 500 Index closed at 5,911.69

As of today, 15 June 2025, the S&P 500 Index is 6,038.81

Just out of curiosity ... what kind of catastrophe were you imagining would befall the economy? I'm guessing you had a reason for betting against the country.
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On 23 October 2025 Walt said:
I am describing what almost every professional trader of options does. It is not a hypothetical, it is one of the primary strategies.

I am up a bit.
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On 28 October 2025 gfm7175 said:
... and Walt is a rather poor speculator at that...

BTW: S&P 500 closed at 6,875.16 yesterday.
:party:
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Walt said:
Close, but I am actually doing well if my good investments out earn my bad investments. I can lose everything on 10 investments if I make a 20 to one payout on the eleventh investment.
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cawacko said:
You say you graduated from a top MBA program, which suggests you understand what a disciplined strategy looks like. But what you are pitching here is just repeated bets that keep blowing up while you wait for one to bail you out. That is not a plan. That is just someone taking shots and hoping to get lucky. Why dress it up like it is something more sophisticated?
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Gambling can take anyone of any intelligence and education level.
walt's over there watching "The Big Short" a buncha times in between his calling the bookie time.
I have a simple investing strategy taught to us by a Jewish investor man a long time ago.
One of them types that guarantees 14% or your money back.
It works. Maybe I tell about it sometime. I've told a couple people. One listened and one didn't. :dunno:
Even if for outrageous profits, I do not invest in something I think is not good.
That cuts out Goog, APPL, MSFT.
GM and GE and AT&T, too.
 
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Jake Starkey said:
Our annual probably is worth 50 times or several times more than your wages.

Yes, I do me.

And who I am shilling?
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Yeah, ok, Cupcake. :rolleyes2:
We don't call you Fakey Jakey for nothing, k?
I actually think FCT came up with that. 😆
You know who that is, he banned your ass.
You're fake. He banned me, too, but Fuck You; Seriously. I've seen the nastiest shit from you directed at people that are now dead that I liked.
Fuck You and then Fuck you another time, and then another time after that, k?
That's where I'm at. :|
 
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gfm7175 said:
... and Walt is a rather poor speculator at that...

BTW: S&P 500 closed at 6,875.16 yesterday.
:party:
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You know that can't continue, right?
Home values are going to fall by about 25% at least.
It's all been propped up by illegals and EBT and Section 8 and things like that.
20% or more, easy.
That why the Walmart woman was funding rioters.
Walmart, HHS, Local governments and insurance and mortgages and BlackRock fucking all Americans.
That's been the situation for years now.
It's changing.
 
Matt Dillon said:
Yeah, ok, Cupcake. :rolleyes2:
We don't call you Fakey Jakey for nothing, k?
I actually think FCT came up with that. 😆
You know who that is, he banned your ass.
You're fake. He banned me, too, but Fuck You; Seriously. I've seen the nastiest shit from you directed at people that are now dead that I liked.
Fuck You and then Fuck you another time, and then another time after that, k?
That's where I'm at. :|
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And it was Bolshevik Hunter who came up with the nickname. He is long gone, I am still around.

FCT was nothing, Westwall as well. They were both demoted because of me. Cereal Killer banned four mods because of me, although Oddball is still around and a few others.

I have always said, if anyone hits me, I will hit harder. And that you know as well. Always harder.

I have never given it out unless attacked. And you know that. Very well.

I will continue to do me.
 
Jake Starkey said:
And it was Bolshevik Hunter who came up with the nickname. He is long gone, I am still around.

FCT was nothing, Westwall as well. They were both demoted because of me. Cereal Killer banned four mods because of me, although Oddball is still around and a few others.

I have always said, if anyone hits me, I will hit harder. And that you know as well. Always harder.

I have never given it out unless attacked. And you know that. Very well.

I will continue to do me.
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As will I, boy. :|
Y U gotta be so bullshitty? :dunno:
 
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