BEWARE!!!
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
(17-09-2022, 03:38 PM)winbig Wrote: I've never heard of a billionaire who live in a 2 from flat with his mother in Singapore. I've also never heard of a billionaire who's so zhun as a reverse indicator.
(19-09-2022, 05:54 PM)sgbuffett Wrote: Since warnings are given Dow has collapsed 4000+ points and falling.
But based on projection Dow should go to 25,000 and S&p500 3200pts....but can be much lower with s&p500 going to 2500.
Nothing surprising given VERY SEVERE situation in US Europe and China.
Investors MUST be careful.
(21-09-2022, 10:53 AM)sgbuffett Wrote: 3 targets for s&p500 has emerged
1. 3200 ....if Fed goes through with 0.75%, 0.5% and 0.75% taking rates to 4.5%.
2. 2800..if additionally there is earnings contraction the likes of FedEx.
3. 2200 and below....recession hits...probably I will be a buyer here.
According to Dan Miles who has been a top performer in recent years, whole thing will be played out to the end only in June 2023. We are at exactly half way point.
Possible disruptors to this forecast is 1. Russian ends war 2. Inflation suddenly falls and end.
Investors be prepared for the nasty.
(21-09-2022, 11:09 AM)sgbuffett Wrote: Stocks expected to fall by 40%.
By getting out now those who invested jn US stocks can save themselves from a downside of 40%.
https://www.theedgesingapore.com/news/us...inking-40/
(21-09-2022, 11:32 AM)WhatDoYouThink! Wrote: when ah butt sounds fearful, maybe it's time to get in liao
p1acebo Wrote:He is not known as the revered reverse indicator for no reason