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Thread: Okay, since everyone here is such a smart guy....

  1. #1

    Okay, since everyone here is such a smart guy....

    When does the stock market tank? There has to be a major correction sooner than later, right?

  2. #2

    Re: Okay, since everyone here is such a smart guy....

    I don't think anybody is smart enough to know that.

  3. #3

    Re: Okay, since everyone here is such a smart guy....

    Forbes is bullish in the short term....

    http://www.forbes.com/sites/investor...han-you-think/

  4. #4

    Re: Okay, since everyone here is such a smart guy....

    Major stock market declines happen more or less every decade. Just about every equity security I've looked at recently is overvalued, so sometime in the next few years, I guess.

    Huey's right though. Trying to predict when with any accuracy is a fool's errand.
    You shut your mouth when you're talking to me!

  5. #5
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    Re: Okay, since everyone here is such a smart guy....

    Sometime before Sept 30th.

    It is not going to be a good ending this year.

  6. #6

    Re: Okay, since everyone here is such a smart guy....

    Quote Originally Posted by Huey Grey
    I don't think anybody is smart enough to know that.
    Not on this board. There are people who know when they're going to tank it.
    I am going to tear down your safe space
    Brick by brick I shall smash it with glee
    You cannot stop me from getting inside
    I am cold and I am hard and my name is 'Reality'

  7. #7

    Re: Okay, since everyone here is such a smart guy....

    You'll see a decline as soon as the Fed gets serious about stopping the ongoing QE, OR if the Fed starts raising interest rates. You may also see a decline if the Q3 numbers come in close to zero, which I expect.

    Complete tanking is unlikely. Money has to rest somewhere.

  8. #8

    Re: Okay, since everyone here is such a smart guy....

    "McDonald’s tells us why the market will collapse"

    http://www.cnbc.com/id/101993395#.
    Generally speakin’: You ain’t learnin’ nothing when you’re the one doin’ the talkin

  9. #9

    Re: Okay, since everyone here is such a smart guy....

    Quote Originally Posted by finance85
    You'll see a decline as soon as the Fed gets serious about stopping the ongoing QE, OR if the Fed starts raising interest rates. You may also see a decline if the Q3 numbers come in close to zero, which I expect.

    Complete tanking is unlikely. Money has to rest somewhere.
    I'd agree with this.

  10. #10

    Re: Okay, since everyone here is such a smart guy....

    ok maybe there is some confusion over the meaning of the word, "tanking". when do we have a major correction that will take several quarters or years to climb out of?

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