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Out of context: Reply #144

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  • sarahfailin0

    not to incite a panic, but...
    the calls are coming from inside the market! get out now!

    My guesses: Downward pressure on stocks is going to last for 6-9 months. 10-year US bond yield is going to drop to near 0.5%. The DOW will touch 18,000. the Nasdaq could touch 6,000. There will be a v-shaped bounce that will not last long...

    Global economy is slowing. natural disasters this summer will further throw things into disarray. Europe and China are approaching recession, US will follow. Yesterday JPMorgan said there's a 50% chance the Fed will cut rates to zero this year.

    Thus spake Sarahthustra!

    sarahfailin 0Permalink
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    • "not last long," meaning prices won't linger at those lows- they'll get bought back up quickly.sarahfailin
    • There will be a (many) massive upward surge(s) the second there is hope that there's a treatment for COVID19.zarkonite
    • ^^ and I'm planning on riding those waves.zarkonite
    • vaccine production wouldn't ramp up until early 2021 at the earliest. plus this downturn is about more than the virus-- stocks have been overvalued.sarahfailin
    • Agree to disagree, I don't think stocks are overvalued. I think money is cheap with interests being down and that's the driving factor in value.zarkonite
    • but I'm with you on the virus. What I meant is that I think the market is going to swing up and down a lot of false hopes (and real crashes) and there's moneyzarkonite
    • to be made by riding those waves.zarkonite
    • For your consideration, this GDP to total market cap ratio was near 150% before this decline, an all time high. Anything over 100% is considered overvaluedsarahfailin
    • https://www.investop…sarahfailin
    • "considered overvalued" = that's meaningless without context. The reason they lower interest rates to boost the economy is because it injects more money intozarkonite
    • the market. We are currently in the middle of a brand new experiment in keeping interests low while the economy is doing well. There is no precedent.zarkonite
    • hehe your link actually validates my point: "However, in 2003, the ratio was around 130%, which was still overvalued, but the market went on to produce all-timezarkonite
    • highs." <-- you can't predict the future based on the past when the rules are always changing ;)zarkonite
    • This combo of healthy returns + cheap money is designed to sustain "overvaluing" stocks.zarkonite
    • where is your god now, zarkonite?sarahfailin
    • Not sure I follow you? We're in prime rebound territory, this is an oil price crash. Don't tell me you predicted that =)zarkonite
    • Why don't you buy some energy stocks now and wait until Putin/MBS are done posturing and thank me then!zarkonite
    • My turn!!! Oh look at that rebound today!! LOL. This is going to be a fun ride.zarkonite
    • It's called retracement. we're still on our way down. market won't reverse till we find the bottom https://www.investop…sarahfailin
    • It was up, now it's down. I call it profit.zarkonite
    • Bet y'all wish you listened to me now.sarahfailin
    • The market is up today, that's the 3rd wave I told you about that you've missed!zarkonite
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