Doomsday is Coming

Discussion in 'Economics' started by emg, Sep 24, 2010.

  1. #21     Oct 13, 2010
  2. ES will hit 1500 before 1000. Every time the general consensus is the sky is falling the market rallies... the stronger the general sentiment the deeper and faster it runs inflicting the most pain. The very nature of a free market means the majority bleeds.
     
    #22     Oct 13, 2010
  3. Does there need to be a reason?

    Trade what you see, not what you think should be.
     
    #23     Oct 13, 2010
  4. S2007S

    S2007S


    1500?

    The high is 1565 from 2007, at this point you should say its going to go to 1600 before 1000 because once it starts to trend to that area its a given fact it will push through 2007 highs and most likely go to 1700 or even 2000 before collapsing back below 1000 once again, you can blame easy money policies and 0% interest rates for the next 100% rally in the spx, it wont be able to continue though, once the next bubble comes and goes the spx will be sitting pretty under 1000 once again.
     
    #24     Oct 13, 2010
  5. emg

    emg

    I will not be surprise if the U.S Gov and U.K are the largest Hedge funds. They probably buying tons of shares and buying ES. QE

    Doomsday is coming
     
    #25     Oct 13, 2010
  6. Correct:cool:
     
    #26     Oct 13, 2010
  7. emg

    emg

    Foreclosure market in crisis!!!!! Doomsday is coming! My forecast sill predicts SP 500 bottom between 450-550
     
    #27     Oct 14, 2010
  8. Doubtful...

    If ES drops that low the banks would long have been emptied out.
    Our currency will have been replaced with Government issued E-Dollar cards. ;)

     
    #28     Oct 14, 2010
  9. forclosures will not do it. to get the market that low it would have to be something big the market is not expecting.
     
    #29     Oct 14, 2010
  10. emg

    emg

    that will be citibank. im betting citibank will go bankrupt meaning another lehman bro. this time, the gov will not bailout citbank
     
    #30     Oct 14, 2010