You are probably right. But, I guess the acid test will be when the dates occur and we see what happens. He sounds like Peter Schiff. Schiff predicted the housing crisis of 2008. Now, he predicts a new crisis every week and suggests that the solution is to buy gold. Preferably from his gold company. But, if you make enough predictions, one is bound to be right. Even a stopped clock gives the correct time twice a day.
Never heard of the guy. Perhaps he has a track record, and he's made some good predictions. Saying that "sudden declines" will take place without giving at least a trajectory of the supposed percentage of decline is meaningless. If an investor has held significant gains and shifts to increase the percentage of their investments in CASH, then there's always an opportunity to buy the market lower. It appears (as of today) that the S&P is on track to complete an 8 bar Fibonacci sequence on the yearly chart at the end of 2016. Since 2009, the market has been in a directional UP move from the bear market lows with many bull market corrections averaging 10%. That entire cycle will end with SOME type of bigger corrective pattern (i.e. a bear market correction, generally one that exceeds 20%). Those who BUY the correction and hold index funds through standard market ETFs and/or mutual funds that mirror the S&P will do quite well. Or if you're a stock picker, then just buy the stocks that have historically recovered during prior corrections by growing its earnings and paying its dividend. "Past performance is not indicative of future results" is the slogan everyone sees on every brochure or advertisement. However, using the historical past as a guide, the U.S. stock market has eventually recovered after EVERY draw, regardless of the reason for the draw. So it really doesn't matter what Jajeda or anyone else says or what causes the drop, as long as you are willing to buy the dip and HOLD for the eventual recovery, even if your timing isn't perfect. Personally, I think the S&P drops to 1,600 or thereabouts, as prior resistance will most likely serve as new support, on the bigger time frame. If the market cannot exceed and break over the 2,134 top, then it's likely that the S&P sees a 20%+ bear market correction. Even if it DOES break and hit the 2,300 level as many pundits predict, it's likely to see even a bigger correction. When that happens is anyone's guess. Just in case, I printed out Jadeja's predictive dates so we'll see if what he says holds true. Here's a recent graphical analysis posted by Yardeni research that shows the S&P bull and bear market corrections going back to the 1929 crash. http://www.yardeni.com/pub/sp500corrbear.pdf
%% Exactly + with ''predictions'' NO WONDER. Yogi Bearra said dont make predictions-especially about the future-LOL
%% Trade long enough JS,you will do that,2; but 2 times is about enough to get anyone in trouble. Take it as helpful if ANYone could really predict they would own [all]the market quick.Exactly right on long term moves-NOT a predcition.Thanks
Even when you know something of real value, that does not mean it can make you very wealthy - it is always the head that will fuk you up, guaranteed! J_S
Confidence games are called that because the psychopath gives confidence to the victims to get them to act
I laughed at myself last night after browsing thru the daytrading course I found since 1999/2000 by David Nassar - you really are a thick egit when you start out, listen to no one, waste a load of money on stupid books and courses, and then go and lose a heap of money at least 3 times, before you eventually cop on and start "trading". I was one of the biggest fools out there, and not afraid to admit it! J_S
MT, I am not kidding, as, the chap I speak about is able to read the market/s like nothing I have ever seen - as I traded with him for a while, and we then went our separate ways. As mentioned, the biggest problem facing any person, be it a trader or a shit shoveler, is the fuking head - if you can not sort out your everyday life things, then there is no way you will be able to sort out your trading things - no matter what any gobshite tells you! J_S