Didn't IWOG say the stock market was going to have a CORRECTION??
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Didn't IWOG say the stock market was going to have a CORRECTION??

By anonymous following x   2015 Feb 23, 7:17pm 9,297 views   22 comments   watch   quote     share    


LOOKS LIKE HE WAS WRONG!!!

#investing

1   Vicente   ignore (0)   2015 Feb 23, 11:07pm   ↑ like (1)   ↓ dislike (1)     quote      

How would you prove he said this, when the old forums are gone.

2   Bigsby   ignore (10)   2015 Feb 24, 12:12am   ↑ like (1)   ↓ dislike (2)     quote      

I believe he said that there would be a major crash in 2017 or so. He predicted a short-term pull-back when he sold his stock, didn't he? If he sold his stock before October, then..., but hey, paint me as stunned that CiC was all over this thread like a rash.

3   bg   ignore (0)   2015 Feb 24, 12:21am   ↑ like (1)   ↓ dislike (0)     quote      

He did say short term pull back was coming. Said he sold his stocks. This was in fall.

4   iwog   ignore (1)   2015 Feb 24, 1:04am   ↑ like (4)   ↓ dislike (3)     quote      

No one is perfect.

Correction still coming. 20-25%.

Call it Crazy says

The DJIA is up over 1100 points since the prediction..

Not true.

http://www.patrick.net/misc/I%27m+liquidating+all+my+stocks+and+going+to+cash

5   ChapulinColorado   ignore (2)   2015 Feb 24, 1:13am   ↑ like (3)   ↓ dislike (0)     quote      

He also said he was going to sell his investment properties this spring/summer as he expected housing to take a major downturn in 2016-2017. Something about a Heisenberg clandestine mobile meth lab triggering some black anal hole equity sucking bearish event. Cash-out 'bitchez!

6   lostand confused   ignore (0)   2015 Feb 24, 5:36am   ↑ like (1)   ↓ dislike (0)     quote      

I have been expecting a major correction for a while and was all out of stocks. With the recent dramatic plung in oil stocks, took up some positions in oil drillers when they reached a low(ESV and HP) Sold them both at about 10-15% gain, as the stocks were extremely volatile. Not bad for 10 days worth of holding them.They are starting to go down again. I think will stay out of the market for a bit -too much volatility.

I was looking to load up on some Ford, when it hit single digits again, but that could be a bit off. Will wait. There are some latin America funds that have been battered, so looking at them-FLATX has served me well before and has collapsed from its peaks. Starting a small long term position in it. Other than that, markets seem to be at extreme highs- not a place I want to enter.

This time, waiting for a real estate market tumble. Might buy some rental in a decent area. Prices are very high now and with FED poised to raise interest rates, might actually happen.

7   zzyzzx   ignore (1)   2015 Feb 24, 6:40am   ↑ like (4)   ↓ dislike (3)     quote      

iwog says

No one is perfect.

Correction still coming. 20-25%.

Reminds me of Obama:

8   Done   ignore (1)   2015 Feb 24, 6:41am   ↑ like (2)   ↓ dislike (0)     quote      

Bears still in the trap... Once they give in and admit they were wrong and start buying
a true over bought market then it will be time to sell this bitch off..... Just like clock work
that can be counted on every time..... I have been enjoying all the back stepping by the
investment gurus.

9   Done   ignore (1)   2015 Feb 24, 6:52am   ↑ like (1)   ↓ dislike (0)     quote      

1 of the top 10 reasons traders fail or at most have marginal gains.

Not being able to admit being wrong much less planning for that inevitable event
every traders is faced with being on the wrong side of "PRICE" and not being able
to admit it.

10   BlueSardine   ignore (1)   2015 Feb 24, 7:10am   ↑ like (0)   ↓ dislike (0)     quote      

This is where catholic traders have the advantage as they have an outlet to shed the guilt immediately through confession.

Graybox says

Not being able to admit being wrong much less planning for that inevitable event

every traders is faced with being on the wrong side of "PRICE" and not being able

to admit it.

11   Done   ignore (1)   2015 Feb 24, 7:10am   ↑ like (0)   ↓ dislike (0)     quote      

Most on here seem to claim investing and trading is a pastime.

Their approach and results of their guidance proves that to be
pretty much the truth from the us equities that were going to dump
to the metals which were to explode higher.

12   Done   ignore (1)   2015 Feb 24, 7:28am   ↑ like (0)   ↓ dislike (0)     quote      

S&P has a new high.
So now what?

13   anotheraccount   ignore (1)   2015 Feb 24, 7:55am   ↑ like (0)   ↓ dislike (0)     quote      

Call it Crazy says

The DOW might be there shortly too...

Edit: Oops... it already did, an intraday high of 18,188 so far..

So who deserves credit for the new high? Obama, the Fed, regular people?

14   zzyzzx   ignore (1)   2015 Feb 24, 8:42am   ↑ like (3)   ↓ dislike (3)     quote      

iwog says

Correction still coming. 20-25%.

If you wait long enough, sure. Obligatory:

Anyway, if the market goes up 20-25% from your 17,119 baseline, then drops back to 17,119, you will probably still claim to be correct, even though you would still be wrong, and you would have missed out on lots of dividends.

15   Done   ignore (1)   2015 Feb 24, 8:43am   ↑ like (0)   ↓ dislike (0)     quote      

tr6 says

So who deserves credit for the new high? Obama, the Fed, regular people?

Think globally. An argument can be made for each of those, however the factors go well beyond
US borders and are much larger. Monetary policy, wars and few options to make ROI much less
choices for best case scenario to protect capitol around the world.

16   HydroCabron   ignore (1)   2015 Feb 24, 9:15am   ↑ like (4)   ↓ dislike (3)     quote      

Call it Crazy says

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It's not going to happen. He's married, and you're not his type.

Blow out the candles, tear down the little shrine, toss out the prayer pad, and go out into the sunshine - there are flesh-and-blood men to meet out there!

17   anotheraccount   ignore (1)   2015 Feb 24, 9:58am   ↑ like (0)   ↓ dislike (2)     quote      

Call it Crazy says

What's even MORE amazing is how many of the Iwog lemmings on this site can't handle the truth...

The funny thing to me is that you complain about everything that Obama has done but love the fact that stock market has gone up. Do you think Obama's policies and the stock market are unrelated? If yes, can you describe how so?

18   anotheraccount   ignore (1)   2015 Feb 24, 10:02am   ↑ like (0)   ↓ dislike (0)     quote      

Call it Crazy says

Apparently you haven't been reading the rants from your hero Iwog on a weekly basis..

Obviously you have not been reading my posts, usually I am the one that's arguing with iwog.

19   anotheraccount   ignore (1)   2015 Feb 24, 10:03am   ↑ like (0)   ↓ dislike (0)     quote      

Call it Crazy says

He has stated over and over that we are still under Repub policies...

Is that your opinion as well?

20   BlueSardine   ignore (1)   2015 Feb 24, 10:23am   ↑ like (1)   ↓ dislike (0)     quote      

anyone with a FICO over 727....a denver debit card is issued for direct purchases.

Super Silver Sour Diesel Haze
($40/eighth)

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tr6 says

So who deserves credit for the new high?

21   TwoScoopsMcGee   ignore (1)   2015 Feb 24, 1:02pm   ↑ like (0)   ↓ dislike (0)     quote      

It looks like the Salad my wife ordered at the Chic new cafe.

22   smaulgld   ignore (1)   2015 Feb 26, 4:38pm   ↑ like (2)   ↓ dislike (0)     quote      

Call it Crazy says

The DJIA is up over 1100 points since the prediction..

You were down voted by Iwogs entire family


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