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Old 10-02-2016, 11:01 AM   #8
barn32
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Join Date: Jun 2008
Posts: 2,285
Quote:
Originally Posted by ReplayRandall
In 2014, I made a prediction about the stock market, and for 15 days, it sank like a Japanese pearl diver. But then the Fed intervened, opening the money spigots to the major corp giants as they feverishly bought back their own stocks, the Fed literally printing trillions overnight, and the market did a remarkable turnaround to actually show a profit for the month. This time, there will be no Fed money, as the spigots are dry. I will not bore you with the details, I will just give this short prediction:

I believe without a shadow of doubt that the wisest of investors know when to sell and take profit. It is better to be out of the market 6 months too soon, than to be in the market one minute too late. Therefore, I highly suggest the time to sell and get out is now, as October will be one of the worst months in the last 7 years. Come back to this thread Nov.1st and see the results of the market correction after the FED finally gives up.

As of the close on Sept.30th, S&P: 2168....Dow:18,308....Nasdaq:5312
I predict just the opposite. I guess we'll find out who's right.
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