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

By Bm05211983 following x   2015 Feb 23, 7:17pm 9,557 views   21 comments   watch   sfw   quote     share    



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   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!

5   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.

6   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.

7   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.

8   BlueSardine   ignore (2)   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.

9   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.

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

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

11   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?

12   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.

13   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?

14   BlueSardine   ignore (2)   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.

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tr6 says

So who deserves credit for the new high?

15   TwoScoopsOfWompWomp   ignore (2)   2015 Feb 24, 1:02pm   ↑ like (0)   ↓ dislike (0)   quote        

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

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