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Started By
Message
The Market Correction has begun
Posted on 4/11/14 at 6:44 am
Posted on 4/11/14 at 6:44 am
according to multiple analysts I have heard...
I've got a little cash ready to go in during the drop, but I'm more interested in seeing PMs go up, so that I can unload some physical that I have.
I've got a little cash ready to go in during the drop, but I'm more interested in seeing PMs go up, so that I can unload some physical that I have.
Posted on 4/11/14 at 6:56 am to Lsut81
Just saw a headline that JP Morgan missed on Q1 earnings. Don't know if this is the start of the correction but it sounds like today won't be good for sure.
Posted on 4/11/14 at 6:59 am to ZereauxSum
quote:
Don't know if this is the start of the correction but it sounds like today won't be good for sure.
I'm pretty sure yesterdays -3% Nasdaq was the start
But yeah, this will lend credence to it and begin the trend.
I don't need any of the money in my acct and can dollar cost average all the way to the bottom. I'd just like PMs to come up so I can unload some physical and roll that into $$$.
Posted on 4/11/14 at 7:19 am to Lsut81
How big of a correction are they talking about?
Posted on 4/11/14 at 7:20 am to kywildcatfanone
If they knew, why would they tell you?
No one knows what is going to happen tomorrow.
No one knows what is going to happen tomorrow.
Posted on 4/11/14 at 7:20 am to Lsut81
quote:
PM's to come up
The same analysts are calling for PM's to 'never' recover.
Gold will never recover
Posted on 4/11/14 at 7:27 am to Traffic Circle
quote:
The same analysts are calling for PM's to 'never' recover.
Disagree... May take some time, but I believe Gold will get up in the 1500-1600 range once again.
Hell, the analysts says 1200 was just the starting point of the collapse and it ran back up to 1400 a few weeks back.
Posted on 4/11/14 at 7:30 am to Lsut81
quote:
according to multiple analysts I have heard
like a broken clock....
actually had a meeting with deutsche and one of their advisors thinks it will be 20% down the rest of the year. Of course he started with a disclaimer that most analysis is no better than throwing at a dart board...
Posted on 4/11/14 at 7:32 am to C
I love that i just dumped a bunch of cash back in it. Greeeeaaaat
Posted on 4/11/14 at 7:32 am to C
I've seen guesses of between 12-20%. Hoping for 20!!
Posted on 4/11/14 at 7:33 am to donRANDOMnumbers
quote:
I love that i just dumped a bunch of cash back in it. Greeeeaaaat
Yeah i'm still all in so I'm not listening to these guys tea leaves predictions...
This post was edited on 4/11/14 at 7:34 am
Posted on 4/11/14 at 7:36 am to C
I'm 27. Adding money to the Roth monthly. Sure, I look for the best bargain but it's all long term, blue chip stocks and cheap mutual funds. I've got 30 years. I'm way more worried about a dip in the market then than now.
Posted on 4/11/14 at 7:37 am to C
quote:
Yeah i'm still all in so I'm not listening to these guys tea leave predictions...
Yeah no one really knows. All my 401k money is in a target date fund. I could move it all to fixed income but I'm really not smart enough for all of that. I'd probably just miss the subsequent rally
Posted on 4/11/14 at 7:39 am to slackster
quote:
The Market Correction has begunIf they knew, why would they tell you?
That way if they are lucky and right, they can right a book predicting the next one.
Posted on 4/11/14 at 7:42 am to Lsut81
Market analysts have predicted 23 out of the last 3 market corrections.
Posted on 4/11/14 at 7:43 am to Lsut81
quote:
Disagree... May take some time, but I believe Gold will get up in the 1500-1600 range once again.
I disagree with the analysts too, just pointing out the view.
Posted on 4/11/14 at 7:46 am to LSURussian
quote:
Market analysts have predicted 23 out of the last 3 market corrections.
I predict the market will hit 17,000. Write it down.
Posted on 4/11/14 at 7:51 am to SmackoverHawg
quote:I put it on a sticky note. Hopefully I won't lose it...
Write it down.
Posted on 4/11/14 at 7:51 am to LSURussian
Seems like a good time to bump the prediction thread.
Posted on 4/11/14 at 7:52 am to SmackoverHawg
quote:
I predict the market will hit 17,000. Write it down.
I see what you did there.
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