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The Crash Will Blow Everyone’s Mind and It Starts Right Now 5/18

Posted on 5/18/22 at 8:49 am
Posted by Hussss
Living the Dream
Member since Oct 2016
6744 posts
Posted on 5/18/22 at 8:49 am
Wave 3 of 3 down has just started this morning. Either go to cash or get short. Buckle up.
Posted by StonewallJack
Member since Apr 2008
688 posts
Posted on 5/18/22 at 8:52 am to
Sell everything!!!!
Posted by Hussss
Living the Dream
Member since Oct 2016
6744 posts
Posted on 5/18/22 at 8:55 am to
I’m not joking. Folks can get back in once this is all over. They stole all the put premiums running the market back up since Friday. Now comes the big one.
Posted by OTIS2
NoLA
Member since Jul 2008
50134 posts
Posted on 5/18/22 at 8:56 am to
Congrats on the fortune you're about to make, Nostradamus!
Posted by ronricks
Member since Mar 2021
6851 posts
Posted on 5/18/22 at 8:57 am to
quote:

I’m not joking


You were wrong the first 20 times you posted this on here over the last 4 years
This post was edited on 5/18/22 at 8:57 am
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 5/18/22 at 9:00 am to
quote:

The Crash Will Blow Everyone’s Mind and It Starts Right Now 5/18



you think you'll be right this time?
Posted by Hussss
Living the Dream
Member since Oct 2016
6744 posts
Posted on 5/18/22 at 9:15 am to
There must be a big credit event coming. HYG hasn’t participated in the rally since Friday and XLF has barely participated and their charts look like death. What gives me even more confidence in making this call is the symmetry in the VIX and I wouldn’t be shocked to see the VIX make an all time high by September / October.

I also think tax receipts sucked. They want the boomers back in the workforce.
This post was edited on 5/18/22 at 9:24 am
Posted by jbraua
Oklahoma City, OK
Member since Oct 2007
6794 posts
Posted on 5/18/22 at 9:43 am to
and Christ is returning in 1914. Be ready!
Posted by buckeye_vol
Member since Jul 2014
35239 posts
Posted on 5/18/22 at 9:46 am to
quote:

Sell everything!!
A husss “crash” prediction is about as good of a buy signal as there is.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11120 posts
Posted on 5/18/22 at 10:00 am to
quote:

There must be a big credit event coming


Margins are going to deteriorate and corporations are going to defer debt issues. This is basically 2018 playing out again. There's going to be a timeframe where there are no high yield issues and it's going to set off a liquidity event where funding markets sieze to function because counter party risk is too high.
Posted by DTRooster
Belle River, La
Member since Dec 2013
7962 posts
Posted on 5/18/22 at 10:05 am to
I don’t anything about that dude’s history but right now, today, he doesn’t sound crazy to me.

But I’m an older dude so risk averse. If it’s not paying me a good dividend it’s been gone. Looking for a re entry for my free cash but the action of the VIX says this ain’t it
Posted by LSUcam7
FL
Member since Sep 2016
7906 posts
Posted on 5/18/22 at 10:08 am to
Posted by Stexas
SWLA
Member since May 2013
6011 posts
Posted on 5/18/22 at 10:08 am to
quote:

Hussss

Posted by sawtooth
Baton Rouge
Member since Jul 2017
3588 posts
Posted on 5/18/22 at 10:09 am to
Sweet. I sold most of my equities in March.

Bring it on.
Posted by LSUcam7
FL
Member since Sep 2016
7906 posts
Posted on 5/18/22 at 10:15 am to
Let’s make this a ban bet.

Under 4,000 S&P500 by Dec 31… I’m gone.

Over 4,000 S&P500 by Dec 31… you’re gone.
Posted by Lsut81
Member since Jun 2005
80161 posts
Posted on 5/18/22 at 10:15 am to
quote:

Wave 3 of 3 down has just started this morning. Either go to cash or get short. Buckle up.


Bullet points on this call? What indicators are you seeing?


I mean, I figured it would come fast and furious based off Walmart, Lowes, and Target missing big. Add that with gas hitting another high... But what else?
Posted by GeneralLee
Member since Aug 2004
13104 posts
Posted on 5/18/22 at 10:44 am to
Huss has called this dozens of times but he has a decent chance of being right this time. Last few days was classic bear market rally. I expect to see ~3,500-3,600 on the S&P and ~9,000 on the NASDAQ sometime later this year, but market could very well rally back above 4,000 on the S&P by year end if the Fed has stopped raising rates by then.
Posted by LSUcam7
FL
Member since Sep 2016
7906 posts
Posted on 5/18/22 at 10:49 am to
quote:

The Crash Will Blow Everyone’s Mind


With a comment like this.. I’d think he’d be more than happy taking that bet on a 7 month call. A crash that blows everyone’s minds?!

No way it goes up from todays 3,980 level then, right?

Let’s have fun Huss take the bet.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11120 posts
Posted on 5/18/22 at 11:12 am to
quote:

Under 4,000 S&P500 by Dec 31… I’m gone.

Over 4,000 S&P500 by Dec 31… you’re gone.


This is a stupid way to bet it. With the lack of liquidity the reflexivity of recoveries from massive drawdowns are faster and more intense. So you could both be right but without considering collateral damage it would be kind of a dumb bet for him.
This post was edited on 5/18/22 at 11:14 am
Posted by LSUcam7
FL
Member since Sep 2016
7906 posts
Posted on 5/18/22 at 11:20 am to
..

When someone makes a vague comment like “crash that will blow everyone’s minds,” it can be taken relatively.

I take it as a real crash. Not some volatility that swings us 15% down and then back up 20% to clear 4,000.
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