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Link Posted: 5/20/2022 1:28:05 PM EDT
[#1]
30k
Link Posted: 5/20/2022 1:38:32 PM EDT
[#2]
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Quoted:
30k
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Shit. The way we’re dropping you may see that in the next 3 hours.
Link Posted: 5/20/2022 1:46:16 PM EDT
[#3]
Link Posted: 5/20/2022 1:48:14 PM EDT
[#4]
I'm gonna say 19500
Link Posted: 5/20/2022 1:48:44 PM EDT
[#5]
Link Posted: 5/20/2022 1:53:50 PM EDT
[#6]
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Quoted:

Shit. The way we’re dropping you may see that in the next 3 hours.
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Quoted:
Quoted:
30k

Shit. The way we’re dropping you may see that in the next 3 hours.


yeah, like the actual bottom it rebounds off, not this week
Link Posted: 5/20/2022 1:55:48 PM EDT
[#7]
19,990
Link Posted: 5/20/2022 1:59:40 PM EDT
[#8]
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Quoted:
Lowest by what time frame ?
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Ever.  ‘Cause When it gets low enough, the Fed jumps in to weaken the dollar.

C’mon man.
Link Posted: 5/20/2022 2:00:52 PM EDT
[#9]
9500
Link Posted: 5/20/2022 2:01:52 PM EDT
[#10]
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Lowest by what time frame ?
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lets say before may 20th 2024. 2 years from today.
Link Posted: 5/20/2022 2:03:13 PM EDT
[#11]
Link Posted: 5/20/2022 2:05:00 PM EDT
[#12]
29,987
Link Posted: 5/20/2022 2:11:34 PM EDT
[#13]
We could phrase this a different way:   How far will it fall, before the Fed reverses course and re-starts with the QE 4 (or whatever were up to, I lost track)?

Maybe this is fodder for another thread, but for anyone in the Market, THIS is the real question.

Or, put another way, how far would it fall, without any Fed intervention?

In 2007, it hit a high of just under 14,000, then it hit a low of 7600 in 2009.   So, 9000 was probably the approximate “fair price” back then.

In those days, direct market manipulation was a sort of conspiracy theory.  Remember the PPT?    

So, after all the cheapening of the Dollar with  the TARPs, and after QE I-IV, and after the PP and manna from heaven Stimi monays, and all the helicopter money dropped double unemployment checks, and other assorted welfare, and the Trillions spent buying mortgage backed securities, and of course, the unrestrained unrestrained government spending and debt accrual, what would be the equivalent inflation adjusted price today?    Google says 12,500, but I think that’s undercounted.  Factor in whatever real growth you think we’ve had, and you have your answer.   Guessing ~  22,000 -ish, but human emotions bring it lower.  Maybe 20,000?      That would indeed be a time to bet the house.  Literally re-mortgage the House and buy.
Link Posted: 5/20/2022 2:15:36 PM EDT
[#14]
Complete ballpark in 10 seconds of looking at the chart, 16500 by year end.  I'm quite bearish at the moment, as there's a lot of leverage to unwind.

Of course, the Fed could stretch this out but eventually it will catch up in some fashion.
Link Posted: 5/20/2022 2:19:45 PM EDT
[#15]
18500
Link Posted: 5/20/2022 2:20:48 PM EDT
[#16]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
We could phrase this a different way:   How far will it fall, before the Fed reverses course and re-starts with the QE 4 (or whatever were up to, I lost track)?

Maybe this is fodder for another thread, but for anyone in the Market, THIS is the real question.

Or, put another way, how far would it fall, without any Fed intervention?
View Quote


If they resume intervention, the lower income half of the population gets completely crushed by inflation, which then makes major impact on a lot of companies...and stock prices go down.  

Decades of declining rate environment leaves Fed, some businesses, and some people, firmly painted into a corner.
Link Posted: 5/20/2022 2:23:29 PM EDT
[#17]
22,220
Link Posted: 5/20/2022 2:43:28 PM EDT
[#18]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


If they resume intervention, the lower income half of the population gets completely crushed by inflation, which then makes major impact on a lot of companies...and stock prices go down.  

Decades of declining rate environment leaves Fed, some businesses, and some people, firmly painted into a corner.
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Quoted:
Quoted:
We could phrase this a different way:   How far will it fall, before the Fed reverses course and re-starts with the QE 4 (or whatever were up to, I lost track)?

Maybe this is fodder for another thread, but for anyone in the Market, THIS is the real question.

Or, put another way, how far would it fall, without any Fed intervention?


If they resume intervention, the lower income half of the population gets completely crushed by inflation, which then makes major impact on a lot of companies...and stock prices go down.  

Decades of declining rate environment leaves Fed, some businesses, and some people, firmly painted into a corner.


Roger that.   “May you live in interesting times”.

The funniest thing is, this was completely unnecessary.  All they had to do was stabilize rates prior to covid, give unemployment benefits to those who needed them, and not shut everything down.  

They created far too much fake money, and far too many people thought it was real.  
Link Posted: 5/20/2022 2:49:17 PM EDT
[#19]
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Quoted:
0

What do I win?
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Does "the heat death of the universe" count as a bottom?

If so, you win!  

Link Posted: 5/20/2022 2:59:59 PM EDT
[#20]
between energy costs and interest rate hikes, its a bit of a vicious cycle.

when those stabilize and start to reverse, then we'll find the bottom.
Link Posted: 5/20/2022 3:01:33 PM EDT
[#21]
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Quoted:


lets say before may 20th 2024. 2 years from today.
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Quoted:
Lowest by what time frame ?


lets say before may 20th 2024. 2 years from today.


That is pretty far out. Hard to say. Just for fun I'll guess 22,000.
Link Posted: 5/20/2022 3:07:04 PM EDT
[#22]
12,705
Link Posted: 5/20/2022 3:10:02 PM EDT
[#23]
13,027

Link Posted: 5/20/2022 3:16:40 PM EDT
[#24]
65% off the ATH
Link Posted: 5/20/2022 3:18:29 PM EDT
[#25]
25314
Link Posted: 5/20/2022 3:18:50 PM EDT
[#26]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


That is pretty far out. Hard to say. Just for fun I'll guess 22,000.
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Quoted:
Quoted:
Lowest by what time frame ?


lets say before may 20th 2024. 2 years from today.


That is pretty far out. Hard to say. Just for fun I'll guess 22,000.


I don't think it'll take anywhere near that long.

The fed must raise rates to combat inflation. Must at this point. Rising rates will push the market down. My real question is what interest rate will it take to stop inflation. 6%? 12? we will see.
Link Posted: 5/20/2022 3:23:11 PM EDT
[#27]
15k
Link Posted: 5/20/2022 3:28:01 PM EDT
[#28]
$24,532.85
Link Posted: 5/20/2022 4:17:09 PM EDT
[#29]
The real question is:  Will this Finally bring the price of .22lr back to earth?
Link Posted: 5/20/2022 4:36:12 PM EDT
[#30]
Full-on crash sometime this summer, bottom somewhere in the teens next year. I also think Tether finally unravels and bitcoin breaks below <10k.
Link Posted: 5/20/2022 5:26:34 PM EDT
[#31]
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Quoted:


I don't think it'll take anywhere near that long.

The fed must raise rates to combat inflation. Must at this point. Rising rates will push the market down. My real question is what interest rate will it take to stop inflation. 6%? 12? we will see.
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Quoted:
Quoted:
Quoted:
Quoted:
Lowest by what time frame ?


lets say before may 20th 2024. 2 years from today.


That is pretty far out. Hard to say. Just for fun I'll guess 22,000.


I don't think it'll take anywhere near that long.

The fed must raise rates to combat inflation. Must at this point. Rising rates will push the market down. My real question is what interest rate will it take to stop inflation. 6%? 12? we will see.

I don't think they will raise anywhere near that high, I don't think they can. Wouldnt they default on the national debt because interest would be too high?
Link Posted: 5/20/2022 5:28:41 PM EDT
[#32]
Who even references the Dow anymore?
Link Posted: 5/20/2022 5:48:49 PM EDT
[#33]
2 dooollars
Link Posted: 5/20/2022 5:56:00 PM EDT
[#34]
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Quoted:
Who even references the Dow anymore?
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Which reference should we use?
Link Posted: 5/20/2022 6:08:47 PM EDT
[#35]
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Quoted:

Which reference should we use?
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S&P500
Link Posted: 5/20/2022 6:11:01 PM EDT
[#36]
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Quoted:


Which reference should we use?
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Quoted:
Quoted:
Who even references the Dow anymore?


Which reference should we use?
The S&P 500.

Peter Navarro on Bannon's War Room today said he thinks it'll bottom out when the Dow gets down to the low 20,000s. He called the top around Veterans Day, 2021. I went 50% into cash when he did, and moved the rest out in March.
Link Posted: 5/20/2022 6:18:06 PM EDT
[#37]
18787
Link Posted: 5/20/2022 7:03:14 PM EDT
[#38]
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Quoted:
Who even references the Dow anymore?
View Quote


I don’t. I give zero fucks about 30 companies.
Link Posted: 5/20/2022 7:08:36 PM EDT
[#39]
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Quoted:


S&P500
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Quoted:

Which reference should we use?


S&P500


its a better overall measure of economic performance because it has more datapoints, but the dows more fun. those who fly highest have the farthest to fall.
Link Posted: 5/20/2022 7:19:55 PM EDT
[#40]
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Quoted:


I don’t. I give zero fucks about 30 companies.
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Quoted:
Who even references the Dow anymore?


I don’t. I give zero fucks about 30 companies.


Attachment Attached File



market cap of those 30 is 12 trillion about 30% of the sp500.
Link Posted: 5/20/2022 7:22:49 PM EDT
[#41]
8778.
Link Posted: 5/20/2022 7:23:14 PM EDT
[#42]
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Quoted:


/media/mediaFiles/sharedAlbum/dont_believe_you_anchorman_zps267e5cbb_GIF-108.gif


market cap of those 30 is 12 trillion about 30% of the sp500.
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Quoted:
Quoted:
Quoted:
Who even references the Dow anymore?


I don’t. I give zero fucks about 30 companies.


/media/mediaFiles/sharedAlbum/dont_believe_you_anchorman_zps267e5cbb_GIF-108.gif


market cap of those 30 is 12 trillion about 30% of the sp500.


I honestly don’t pay attention to Dow.
Link Posted: 5/20/2022 7:23:19 PM EDT
[#43]
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Has Cramer ever called anything right? Ever?

It seems like whatever he says, do the opposite.
Link Posted: 5/20/2022 7:27:12 PM EDT
[#44]
Chances it hits these

29k is 100%

25k 75%

20k 50%

But 20k will be the ultimate bottom give or take a couple 100

Or whatever
Link Posted: 5/20/2022 7:27:24 PM EDT
[#45]
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Quoted:

Has Cramer ever called anything right? Ever?

It seems like whatever he says, do the opposite.
View Quote
Not publicly. He told his readers when he ran thestreet.com website to go all in on tech stocks in March 2000 in February 2000 he had moved a lot of money out of tech into NJ munis. A hell of a trade, interest rates were around 8% back then.
Link Posted: 5/20/2022 7:31:37 PM EDT
[#46]
6487.25

Is this like the price is right, closest without going over?

If so, above or below?
Link Posted: 5/20/2022 7:52:29 PM EDT
[#47]
Ok my prediction is SPY 356.

That’s based on a 38% fib retracement on the difference between the pre covid price of 280 and the peak of 480.  Were at 389 now which means we have 33 points to go before it goes back up for a while.   (It may resume falling later this year)

(22,910 for djia)
Link Posted: 5/20/2022 8:11:58 PM EDT
[#48]
21000
Link Posted: 5/20/2022 8:28:35 PM EDT
[#49]
29% draw down so 25,000.
Link Posted: 5/20/2022 9:52:17 PM EDT
[#50]
In my opinion, trying to even call or guess a bottom is a waste of brain power. This is coming from someone who worked at some of the largest actively managed funds. Just my .02
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