Home › Forums › Financial Markets/Economics › S&P500 dropping to 600 by spring 07
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November 25, 2008 at 11:02 PM #309039November 25, 2008 at 11:02 PM #309405
CA renter
ParticipantIt was a good call because, unlike most financial “experts” she predicted that the housing market would take the stock market with it, and that the declines would be severe.
Personally, I think “leaving money on the table” is the very best strategy, because you’re more likely to avoid the losses as well. Only fools try to chase the last dollar, and they have to compete with all the sheeple as they stampede for the exits.
IMHO, it’s always best to make money during the beginning stages of a bull market, then sell into the strength of the late-mid to early final stages of the bull run.
November 25, 2008 at 11:02 PM #309426ParticipantIt was a good call because, unlike most financial “experts” she predicted that the housing market would take the stock market with it, and that the declines would be severe.
Personally, I think “leaving money on the table” is the very best strategy, because you’re more likely to avoid the losses as well. Only fools try to chase the last dollar, and they have to compete with all the sheeple as they stampede for the exits.
IMHO, it’s always best to make money during the beginning stages of a bull market, then sell into the strength of the late-mid to early final stages of the bull run.
November 25, 2008 at 11:02 PM #309447ParticipantIt was a good call because, unlike most financial “experts” she predicted that the housing market would take the stock market with it, and that the declines would be severe.
Personally, I think “leaving money on the table” is the very best strategy, because you’re more likely to avoid the losses as well. Only fools try to chase the last dollar, and they have to compete with all the sheeple as they stampede for the exits.
IMHO, it’s always best to make money during the beginning stages of a bull market, then sell into the strength of the late-mid to early final stages of the bull run.
November 25, 2008 at 11:02 PM #309508ParticipantIt was a good call because, unlike most financial “experts” she predicted that the housing market would take the stock market with it, and that the declines would be severe.
Personally, I think “leaving money on the table” is the very best strategy, because you’re more likely to avoid the losses as well. Only fools try to chase the last dollar, and they have to compete with all the sheeple as they stampede for the exits.
IMHO, it’s always best to make money during the beginning stages of a bull market, then sell into the strength of the late-mid to early final stages of the bull run.
February 23, 2009 at 9:00 AM #352520Anonymous
GuestHey how is Powayseller’s S&P 600 prediction looking lately?
This morning the S&P is at 757.83 and heading lower. I don’t know about the rest of you, but her predictions have been remarkably prescient in hindsight. I don’t recall anyone else anticipating the degree to which trouble in the housing sector would spill over not just to mortagage lenders and builders, but to the entire banking sector, big ticket manufacturing, and the general economy.
February 23, 2009 at 9:00 AM #352831GuestHey how is Powayseller’s S&P 600 prediction looking lately?
This morning the S&P is at 757.83 and heading lower. I don’t know about the rest of you, but her predictions have been remarkably prescient in hindsight. I don’t recall anyone else anticipating the degree to which trouble in the housing sector would spill over not just to mortagage lenders and builders, but to the entire banking sector, big ticket manufacturing, and the general economy.
February 23, 2009 at 9:00 AM #352962GuestHey how is Powayseller’s S&P 600 prediction looking lately?
This morning the S&P is at 757.83 and heading lower. I don’t know about the rest of you, but her predictions have been remarkably prescient in hindsight. I don’t recall anyone else anticipating the degree to which trouble in the housing sector would spill over not just to mortagage lenders and builders, but to the entire banking sector, big ticket manufacturing, and the general economy.
February 23, 2009 at 9:00 AM #352993GuestHey how is Powayseller’s S&P 600 prediction looking lately?
This morning the S&P is at 757.83 and heading lower. I don’t know about the rest of you, but her predictions have been remarkably prescient in hindsight. I don’t recall anyone else anticipating the degree to which trouble in the housing sector would spill over not just to mortagage lenders and builders, but to the entire banking sector, big ticket manufacturing, and the general economy.
February 23, 2009 at 9:00 AM #353094GuestHey how is Powayseller’s S&P 600 prediction looking lately?
This morning the S&P is at 757.83 and heading lower. I don’t know about the rest of you, but her predictions have been remarkably prescient in hindsight. I don’t recall anyone else anticipating the degree to which trouble in the housing sector would spill over not just to mortagage lenders and builders, but to the entire banking sector, big ticket manufacturing, and the general economy.
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