I haven't seen anything in this thread that is particularly negative about the market. OP was asking if a large downmove was possible, and I laid out a couple of scenarios where stocks could fall meaningfully.
Buffet made a quote many years ago which I'm totally shocked only works in one direction. And that quote is Be fearful when others are greedy and greedy when others are fearful. Again this quote doesn't live up to what the markets are doing. It seems to only work when being greedy when others are fearful, but never fearful when others are greedy.
Of course anything is possible. But. My pro boys don’t go thru the trouble of a 18 month long consolidation aka chip collection from feb 2018 to August 2019. Just so that they will drop the price to let dumb money buy back in. The dumb money is quite empty handed right now. My boys most logical plan is to pull up for 15 months and then return the chips back to the mass. Aka distribution.
It would be considered an epic collapse since the market only knows one direction CNBC would be running their markets in turmoil segment around the clock 24/7 ...I mean the do that when the s$p falls 3.7% in a week
Exactly. So why not. If 20-30% drop happened, it would feel completely different than it sounds now, trust me.
If Trump loses 2020, then the odds are 100% we go to 2200 or lower. If Trump wins, the party continues for 4 more years and we see Dow 50,000.
FALSE. It doesn't matter who wins next year, we will be going down a whole lot in 2025. That is when provisions of Trump's 2017 tax plan expire. The market drop is inevitable. So enjoy the bull rush when you can.
Exactly the sentiment ... right before the dot bomb. BTFD. Ok it dropped, now what do we do? BTFD again. Ok it dropped .... again. Now what? Rinse, repeat till the bottom comes and all the BTFDippers are out of the market. Till the next time. Thank you to all those who only go long.