Next 20% Move?
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Upwards trend for the balance of the year with numerous specific buying or selling opportunities. Full Year TSX up a solid 12%. NYSE 10%.
Here's hopingCan't say how big the decline will be, but there should be a substantial pull back in the near future. A medium sized one, and that becomes a huge factor in supporting a recovery, a big one and we aren't out of the woods yet. Sell off a small portion of your portfolio and hedge your position with some put options. If the put options don't get exercised, who cares that means the rest of your portfolio is holding up well and we are looking at a sustained recovery. If the put options do get exercised/sold, I got some additional funds to pick up equities on the cheap. My prediction 10 to 30% pull back, but I'm going to play it at the 10 side because its better to early than late to the party.
There are some extremely juicy puts on the NDX available right now. Strikes below the 1000 line at 1.5 and 2 bid for June. We aren’t going there and if we do I am more than happy to be a buyer.
12000 by the end of '10
This is why you shouldn't get drunk and then post.
[quote=rankstocks]Up, 20% by the end of the year [/quote] - Squash thought he was joking
[quote=jkl1v1n6] 20% will be up but not for a while. We might see 10-12% down before we see 20% up. [/quote] - Ice agreed with him. [quote=Sam Houston] down, started a couple days ago. last chance for the shorts. [/quote] [quote=HAAIC] Sideways [/quote] [quote=brandnewadvisor] down - starts this week; could be much more than 20% down. [/quote] Indyone and norway gave thought the market might be up a little bit or have an upward trend. So, it appears that rank was the only one to be anywhere close. Instead of mocking him, perhaps you might want to ask him why he thinks that.It is, next month it will be 2011.i didn’t realize the year was over???
It’s not. My point wasn’t to poke fun at those of you who didn’t post what rank did, but to poke fun at chief for making a statement like that about the only guy here who was actually in the ballpark with his prediction.
What ballpark are you playing in? I would hate to insert a EDJ comment so I won’t but what is wrong with judging based on someone’s predictions? Isn’t that why he puts them out there?
Secondly why not claim a higher percentage, we are at 20% now and he thinks we are going to 12,000?? I don’t think 20% was a bad bet(i think it will be lower), however saying it will go to 12,000… same irrational exhuberance spewed by CNBC and do it yourself investors.
Also what good do predictions do? Other then set you up to look foolish.
Secondly why not claim a higher new york escorts percentage, we are at 20% now and he thinks we are going to 12,000?? I don't think 20% was a bad bet(i think it will be lower), however saying it will go to 12,000.. same irrational exhuberance spewed by CNBC and do it yourself investors.
Also what good do predictions do? Other new york escort then set you up to look foolish.