How much longer will this bear market go on for?

masonic

"obvious for years" says it all really. They were predicting it was just around the corner for years. Eventually, saying "a crash is coming" over and over again results in you being correct.

sevenhills

Type_45 said:

Hard to disagree, if one has objectivity...

Did you predict the 2008 crash or are you older and wiser?

Type_45

sevenhills said:

Type_45 said:

Hard to disagree, if one has objectivity...

Did you predict the 2008 crash or are you older and wiser?

It was before my time, in practical terms.

SonOfPearl

kuratowski said:

SonOfPearl said:
None of us can accurately predict what the financial markets are going to do in the future. Most of us know this, but some people become convinced that they can tell the future. This thread's absurd longevity, mainly due to one forum member, is a good example of that. 

The ironic thing is, even if the financial markets were to drop 80% in value (over whatever timescale, I don't care) anyone who predicted that with certainty would still be wrong to do so. They would just have made a lucky guess, with no more certainty than predicting the result of tossing a coin. 

I actually don't believe the author of that forecast really believes it will come to pass.  There's  been plenty of evidence on this thread that they are self-aware and not truly delusional.  They just like the attention.

You may be right. Either way, this thread is now 82 pages long and is serving no useful purpose whatsoever. IIRC this is only my second post on this thread, and with any luck my last! 

Type_45

Could we see a '70' handle on the FTSE 100 today...  The June lows we hoped we'd left behind are knocking on the door. 

masonic

Still 9% above the June low here. I'll probably have to wait a bit longer for my portfolio to receive a knock.

Prism

And in other news here is what an investment in the FTSE 100 looks like over the last 5 years. Not a huge amount of growth but a nice boring 20% is fine. I can barely see the excitement of this year.

Type_45

And there it is.

masonic

Are you currently shorting the FTSE100 Type_45? If not, why the interest? It's not of great significance to most investors.

MK62

No idea what all the fuss is about over the FTSE100......it's down 4.5% YTD, and given the current outlook is very likely to fall a bit more imho, but it's all within the "normal" range of volatility, at least for now......if it drops below 1500 this year (which would be about -80%) I'll doff my cap to Type45.....if not......

Incidentally, the FTSE100TR is about flat YTD.......