T. A. Gardner
Serial Thread Killer
Did the S&P 500 ever dip below 5000 during this period of predicition?
I predict that the S&P 500 will be well under 5,000 by September 30th
- Thread starter Walt
- Start date
gfm7175
Mega MAGA
Nope.Did the S&P 500 ever dip below 5000 during this period of predicition?
The only time that it dipped ever so slightly below 5000 was right at the height of the fear mongering shortly after President Trump announced "reciprocal tariffs". (Beg of April, lowest point was Apr 8th).
Walter made his prediction on April 30th when it had already recovered much of what was lost, and it has only steadily increased since then.
Poor Walter......
IBDaMann
Well-known member
Pretending to speak for others is a fallacy. Do you have anything that is somehow not a fallacy?
Notice that I didn't ask if you had anything that is somehow correct. We'll work up to that.
IBDaMann
Well-known member
Nope. It's a very good thing when Trump does it, because the opponent is always bluffing, and the stakes get really high ... so when Trump ultimately wins, We the People win BIG!
Right here. As long as the S&P 500 stays high until September 30th, I lose a lot of money. And that looks very definite at the moment. There is still some theoretical hope, but really no hope. Being right, but too early, is just being wrong under another name.
We the People must live in America long after September 30th, so no.
IBDaMann
Well-known member
Explain your apparent contradiction.
Things are falling apart, but they will not fall apart before September 30th, so will not help me.
IBDaMann
Well-known member
... for the Democrat Party, which is imploding, which is resorting to assassinations, all because America is becoming great again.
I see that you haven't learned anything. You're virtue signaling that even though you were abysmally wrong, that you were nonetheless correct. Stupid.
When were you thinking that everything will fall apart? When Democrats control Congress and the White House? Were you thinking around the 2065 timeframe?
You're doomed to a world of hurt.
gfm7175
Mega MAGA
I just want to reiterate that I DO give @Walt credit for sticking around here to "eat crow", even though we've been giving him a hard time about it (and will keep doing so for the rest of the month). So, props for that.
Current S&P 500 -- $6,578.10 (up 46.06, 0.71% today). Up roughly the same over the past 5 days... up 3.21% this month... up 18.05% past 6 months.
Current S&P 500 -- $6,578.10 (up 46.06, 0.71% today). Up roughly the same over the past 5 days... up 3.21% this month... up 18.05% past 6 months.
Walt doesn't have the inside trader information needed for a put option. I'm afraid to bet against the market because I can't predict monopoly money.
It has been testing new highs for a month or two now. It hit a new high today, as it does for about half the days.
I still believe there will be a crash, followed by a rise with double digit inflation. The delay is caused by trump backing off to normalize things, and two memes. There is a group of retail investors who are investing using two memes:trump always chickens out(taco), and nothing ever happens.
Obviously, they believe things happen, but they believe the things that happen do not effect the stock market as much as other people believe. And besides they believe that trump will threaten to do severe things, but then will chicken out. If I believed as they do, I would always buy on the dip, because I would know it will always come back immediately. If enough people do that, it will keep coming back immediately, until they run out of money. No one really knows when that will happen, but I cannot see it as going on for over a year or two...
One year puts it before the election, two years puts it after the election.
I do not have any insider information, but no one needs insider information to trade options. I am not considered an insider, but I do have my trades more monitored because of my job... But again, no insider information.
I am not quite sure how someone would get insider information on the 500 or so companies in the S&P 500.
gfm7175
Mega MAGA
That seems like a rather odd conclusion from the current state of the markets.
So Trump hasn't implemented "REAL" tariffs yet?
George Soros and other billionaires have their spies inside USAID and every other NGO stealing taxpayer money. Soros missed the peak by one year because he saw where smart money was moving. Anyone connected to DC gets their political moves years before you or I figure out what's going on.
trump keeps implementing tariffs, backing off from them, and implementing them again. Each time he takes things a little further, before retreating. This is meant as a way to normalize his insanity.
There is a group of retail investors who believe that this is trump chickening out, and that tariffs are not happening. They are wrong, but there is no way to outlast a wrong market.
USAID is not a NGO. How would Soros get spies in every NGO? There are quite literally millions of them.
Soros is one of the billionaires who tells DC what to do.