Has the dead cat finished bouncing?

EdGasketTheSecond

Prism said:

EdGasketTheSecond said:

Prism said:

I think it will go up from here - I imagine I'm looking for at least a 100% gain from this point.

Warren Buffet thinks its going down and so do I:

https://www.independent.co.uk/news/world/americas/warren-buffett-stock-market-indicator-finance-crash-a9493361.html

You realise that Warren Buffet article is referring to 2001? To be clear, I was talking about the standard 5-10 year equities investment time. Everything else is just noise

No it's not 2001, it's right now; just google it. (the article was from late yesterday; do pay attention)

"On Thursday, the indicator was reported to have reached a historic 179% as the market rebounded from the coronavirus sell-off, well above the average reading of 107% over the past 20 years.

It has a strong history of predicting when the market may fall. Before the 2008 financial crisis, the indicator capped 100%."

The FED can only prop up the market so much; take care.

kinger101

EdGasketTheSecond said:

Prism said:

EdGasketTheSecond said:

Prism said:

I think it will go up from here - I imagine I'm looking for at least a 100% gain from this point.

Warren Buffet thinks its going down and so do I:

https://www.independent.co.uk/news/world/americas/warren-buffett-stock-market-indicator-finance-crash-a9493361.html

You realise that Warren Buffet article is referring to 2001? To be clear, I was talking about the standard 5-10 year equities investment time. Everything else is just noise

No it's not 2001, it's right now; just google it. (the article was from late yesterday; do pay attention)

"On Thursday, the indicator was reported to have reached a historic 179% as the market rebounded from the coronavirus sell-off, well above the average reading of 107% over the past 20 years.

It has a strong history of predicting when the market may fall. Before the 2008 financial crisis, the indicator capped 100%."

The FED can only prop up the market so much; take care.

But your post stated that Warren Buffet thinks the market is going down.  Nowhere in that article does it state what Warren Buffet's opinion is on where the market is going now.  It's just an indicator he thought was the best single indicator in 2001.  

He may think the market is headed southward, but that article simply doesn't have any proof he does.

Prism

EdGasketTheSecond said:

Prism said:

EdGasketTheSecond said:

Prism said:

I think it will go up from here - I imagine I'm looking for at least a 100% gain from this point.

Warren Buffet thinks its going down and so do I:

https://www.independent.co.uk/news/world/americas/warren-buffett-stock-market-indicator-finance-crash-a9493361.html

You realise that Warren Buffet article is referring to 2001? To be clear, I was talking about the standard 5-10 year equities investment time. Everything else is just noise

No it's not 2001, it's right now; just google it. (the article was from late yesterday; do pay attention)

"On Thursday, the indicator was reported to have reached a historic 179% as the market rebounded from the coronavirus sell-off, well above the average reading of 107% over the past 20 years.

It has a strong history of predicting when the market may fall. Before the 2008 financial crisis, the indicator capped 100%."

The FED can only prop up the market so much; take care.

I'm keeping up very well thanks . The article certainly did come out yesterday and used a quote from Warren Buffett from 2001. It made no claims about his current thinking but unfortunately you misinterpreted it. 
I guess we shall hear a little more about what Warren Buffett thinks tomorrow but to be honest, apart from the fact he is an interesting guy, whatever he says has no bearing on what I will be doing - which is continuing like normal.

vitamin_joe

EdGasketTheSecond said:

Prism said:

I think it will go up from here - I imagine I'm looking for at least a 100% gain from this point.

Warren Buffet thinks its going down and so do I:

https://www.independent.co.uk/news/world/americas/warren-buffett-stock-market-indicator-finance-crash-a9493361.html

I agree with you and Warren Buffett (or Warren Buffett's indicator)

I think it's going down in a big way- if not next week, then soon.  

SharpShooter

If you watch youtube videos, the guys on there will tell you a new low is coming. I have a theory that all of these guys are shorting the market, and having missed out on the breakneck speed of the drop, are now desperate to recover some losses and praying in hope for a new low.

I dont believe a new low is coming. But I believe it will bounce around10% form the low and high of the markets.

TemporaryUsernameMay2020

If you're making short-term market predictions, you're not agreeing with Buffett. And you should hear what he thinks about gold.

Bravepants

Thrugelmir said:

Who needs a dead cat when Elon Musk tweets that Tesla shares are overvalued.......... an investors worst nightmare. 
Other CEO's quite rightly keep their personal views to themselves. 

I often wonder what's on earth is it with Musk's self-destructive leanings.

blue_max_3

Bravepants said:

I often wonder what's on earth is it with Musk's self-destructive leanings.

Perhaps he wants to buy some more of his shares cheap! A fool he is not.

Yellowvest23

https://www.longtermtrends.net/price-earnings-ratio/

and once the next quarters  earnings(or lack of) are published that graph will be going way north into extreme bubble territory. 

Thrugelmir

blue_max_3 said:

Bravepants said:

I often wonder what's on earth is it with Musk's self-destructive leanings.

Perhaps he wants to buy some more of his shares cheap! A fool he is not.

Bezos has the right idea. Cash in a $1bn worth of stock every year while the goings good.