US stock market collapse again

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BTW, everyone keep this chart secret. Don't tell anyone!! This is US secret master plan for the next few years. I'm probably the only one in the world who figured it out... USA secretly helping China achieve master plan of prosperity by 2050. The world needs to be kept "poor" during the stock market crashes in order for ppl to want to buy cheap Chinese goods. It's how human psychology works. When they're rich, they're arrogant, conceited and luxury loving. This type won't help China grow its GDP....

If some newbie wants to buy some stocks what would you recommend? I mean for around $1-$2k? Prolly don't want to invest in high-risk ones even if ROI remains low.

 

[大汉奸柳传志]

This will be nth time the PDF finance 'experts' predicts the US economic 'collapse'.

the bubble busting is inevitable with or without the virus.

 

[hirobo2]

If some newbie wants to buy some stocks what would you recommend? I mean for around $1-$2k? Prolly don't want to invest in high-risk ones even if ROI remains low.

Investing in stocks is all about the right timing. Doesn't matter which stock... BUT it takes a post-doc in the self-proclaimed field of chart reading to be able to time stock purchases right. For someone just starting out, I recommend they put their capital into some kind of managed fund that buys multiple stocks to spread out the risk. And sit on it for a few years. It's the easy way without needing years of market education. Just make sure to buy in when the market gives the discount prices like this Covid-19 crash...

 

[Hamartia Antidote]

Investing in stocks is all about the right timing. Doesn't matter which stock... BUT it takes a post-doc in the self-proclaimed field of chart reading to be able to time stock purchases right. For someone just starting out, I recommend they put their capital into some kind of managed fund that buys multiple stocks to spread out the risk. And sit on it for a few years. It's the easy way without needing years of market education. Just make sure to buy in when the market gives the discount prices like this Covid-19 crash...

 

[hirobo2]

We're almost there. 2250 looks like a safe bottom for the S&P500. BTW, don't listen to the big talking heads in the news saying the economic fallout won't subside till August. They work for the US bankers and they clearly don't want anyone to pick out the bottom that's coming shortly....

 

[hirobo2]

Market got halted again today after S&P500 reached -7%. Right around where it made the low in Dec 2018. This is the psychological price point. 100 more points below to 2250 aka Covid-19 bottom...

 

[hirobo2]

S&P500 didn't go to 2250 yesterday is coz the bankers wanna save up that -13% a day drop to spite China after 2022 Olympics. ECB just announced stimulus plan. Looks like everyone is getting ready to drive the stock markets up after 2250 level is reached on the S&P500 (it takes a few days for the bailout funds to reach the guys that will drive up the stock markets around the globe)...

 

[hirobo2]

As of March 20 @ 3:30pm S&P500 2330 points. -80 more points until I'm right (called this Covid-19 bottom at 2250). Even if I'm wrong (highly unlikely) 80 points is like <4% wrong...

 

[hirobo2]

Italy just announced complete shutdown of non essential businesses. It can't get any worse than this. S&P500 will tank on Monday to 2250 and that's as low as it will get. There is no other worse news that can send the markets lower after that, which is why the stock market bottom is imminent. Plus, there is an article today on en.people.cn saying how there will be a sharp rally in the market soon as it had dropped too far too fast.

 

[PakFactor]

Italy just announced complete shutdown of non essential businesses. It can't get any worse than this. S&P500 will tank on Monday to 2250 and that's as low as it will get. There is no other worse news that can send the markets lower after that, which is why the stock market bottom is imminent. Plus, there is an article today on en.people.cn saying how there will be a sharp rally in the market soon as it had dropped too far too fast.

Their might more room to go down -- once certain sectors go down even more.

 

[hirobo2]

Mamma mia! Look at this market performance today (Mar 23, 2020):

Eh? What did I tell ya? I love being dead accurate... Well actually 5% below the 2018 market low (works out to be 2250 on the S&P500) is what I call a conservative estimate. I'd seen markets down to as low as 9% before reversing... Anyways, the bottom is in folks. Don't miss out on the multi-months/years market rally that's coming starting tomorrow...


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Re-posting what I had predicted on Mar 16 (almost 7 days ago) -- S&P500 chart 5 years:

 

[Oldman1]

Mamma mia! Look at this market performance today (Mar 23, 2020):

View attachment 616568
Eh? What did I tell ya? I love being dead accurate... Well actually 5% below the 2018 market low (works out to be 2250 on the S&P500) is what I call a conservative estimate. I'd seen markets down to as low as 9% before reversing... Anyways, the bottom is in folks. Don't miss out on the multi-months/years market rally that's coming starting tomorrow...


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Re-posting what I had predicted on Mar 16 (almost 7 days ago) -- S&P500 chart 5 years:

It went down to 2200 for a moment. You think thats when it hit the resistance?

Mamma mia! Look at this market performance today (Mar 23, 2020):

View attachment 616568
Eh? What did I tell ya? I love being dead accurate... Well actually 5% below the 2018 market low (works out to be 2250 on the S&P500) is what I call a conservative estimate. I'd seen markets down to as low as 9% before reversing... Anyways, the bottom is in folks. Don't miss out on the multi-months/years market rally that's coming starting tomorrow...


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Re-posting what I had predicted on Mar 16 (almost 7 days ago) -- S&P500 chart 5 years:

Have you really factor how long the lockdown will be? Or how much revenue the companies will lose, etc.? I mean is it really the bottom?

 

[hirobo2]

It went down to 2200 for a moment. You think thats when it hit the resistance?



Have you really factor how long the lockdown will be? Or how much revenue the companies will lose, etc.? I mean is it really the bottom?

The market always looks ahead. Whatever companies will lose has already been factored in... Enjoy the market upward pressure folks. It's all smooth sailing from here on till Summer. Market could make a double bottom (go up then retouch yesterday's low) a few weeks later. But if you bought in yesterday/today, your investment will be safe!

 

[hirobo2]

G7 led by US has started what I call "Phase II scare tactics".

Basically, in phase I they delivered a scare and stocks actually dropped.

In Phase II, it will have the opposite effect, stocks will trend upwards (sometimes have small -% days but generally upward) while the horror movie worthy news about Covid-19 are delivered everywhere. They do this to scare the common investors to sit on the sidelines while they drive the markets higher and higher.

Probably, the most dangerous time to buy would b right after the 14-day quarantine period for most ppl. When ppl think the economy is starting up again, they're gonna b in for a small treat...