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

gfm7175 said:
Why would they do that? (btw, don't you mean the Iranians, not the Iraqis?) It is Iran who would attempt to shut down the Strait of Hormuz.

Iran would never do that because they would be doing that to their own economical detriment.
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NO it is IRAQ , you know the ones we bombed a week or so ago, and they have already said they might and that would drop the number of ships going threw there and disrupt the oil supply.
And they could let THEIR ships go through to China and other countries.
Only thing right now stopping them is the Saudis are increasing production and they do not need to send their oil threw the Strait of Hormuz.
And Trump is trying to take credit for low oil prices when he had NOTHING to do with it.
 
Tbird19482 said:
NO it is IRAQ , you know the ones we bombed a week or so ago, and they have already said they might and that would drop the number of ships going threw there and disrupt the oil supply.
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Ummmmmmmmmmm, that's Iran, dude... NOT Iraq... President Trump authorized the dropping of bombs on IRANIAN nuclear facilities, NOT Iraqi facilities... Please learn the difference between Iraq and Iran.

This location is within IRAN, not Iraq......
 
Tbird19482 said:
NO it is IRAQ, you know the ones we bombed a week or so ago, and they have already said they might and that would drop the number of ships going threw there and disrupt the oil supply.
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Iran is not Iraq, Tball.
Tbird19482 said:
And they could let THEIR ships go through to China and other countries.
Only thing right now stopping them is the Saudis are increasing production and they do not need to send their oil threw the Strait of Hormuz.
And Trump is trying to take credit for low oil prices when he had NOTHING to do with it.
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He had everything to do with it, since he removed the strangling blocks on oil leases. and he pushed the BBB through both the House and the Senate, and signed it into law.
Part of that bill makes it far easier to obtain oil and coal leases, making it permanent. The Democrats can't fiddle with it anymore.
 
Into the Night said:
Iran is not Iraq, Tball.

He had everything to do with it, since he removed the strangling blocks on oil leases. and he pushed the BBB through both the House and the Senate, and signed it into law.
Part of that bill makes it far easier to obtain oil and coal leases, making it permanent. The Democrats can't fiddle with it anymore.
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NO shit ASSHOLE.
And we bombed IRAQ NOT Iran and they are the ones that said they were going to close the water way down.
Here read
earch.yahoo.com/yhs/search?hspart=mnet&hsimp=yhs-001&type=type9049412-spa-3583-84499&param1=3583&param2=84499&p=GDid+Iraq+threaten+to+shut+down+the+stiaght+o
 
gfm7175 said:
Ummmmmmmmmmm, that's Iran, dude... NOT Iraq... President Trump authorized the dropping of bombs on IRANIAN nuclear facilities, NOT Iraqi facilities... Please learn the difference between Iraq and Iran.

This location is within IRAN, not Iraq......
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It's obvious that Tball doesn't know what the hell is going on.

He's just about hate. It takes away one's ability to think (as little as he does anyway!)
 
gfm7175 said:
6,233.48 (at 11:40am CST) ever-so-slightly above yesterday's closing.
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@gfm7175, @Walt,

I have to credit Walt with braving the audience and announcing to JPP his prediction. In that vein, I too will go on record, with the antiwaltemitic position: I predict an S&P 500 Index of 7,420 on or about October 1st 2025. I won't be buying any options, but I will keep large amounts of my savings in an S&P 500 Index fund. I am happy to afford Walt his turn to swap sides of the barrels.
 
IBDaMann said:
@gfm7175, @Walt,

I have to credit Walt with braving the audience and announcing to JPP his prediction. In that vein, I too will go on record, with the antiwaltemitic position: I predict an S&P 500 Index of 7,420 on or about October 1st 2025. I won't be buying any options, but I will keep large amounts of my savings in an S&P 500 Index fund. I am happy to afford Walt his turn to swap sides of the barrels.
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Yes, Walt definitely gets a round of applause for making a clear prediction and going on record with it... and hey, he's still got 2 & 2/3 months for the S&P 500 to take a big nosedive and crater below 5,000 before the end of September. I don't see that happening though.

And since we're throwing around predictions, I predict an S&P 500 Index of 6,800 on or about October 1st 2025. I wouldn't be surprised if it takes a dip at the beginning of August, but if it does, then it has time to recover by the end of September.
 
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