OK, I am calling the bottom of this market cycle
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Re: OK, I am calling the bottom of this market cycle
"I pity the fool."
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Re: OK, I am calling the bottom of this market cycle
The Fed doubles it’s quantitative tightening caps in September, while their reinvestments are ending and European CB QE is ending. So I am going out on a limb and bet on a taper tantrum this fall. The Fed has said they are doing some technical things differently this time to keep the markets liquid but there is no blueprint for this stuff. The previous 2 rounds of QT lead me to believe there will be bumps in the road.
Re: OK, I am calling the bottom of this market cycle
In the past we used to see the markets go down very slowly and coming back up very fast. Last week the opposite happened, especially at the end. So, I feel the markets are a bit more finicky this time. Perhaps the next FED meeting will show the way. I would wait until then.
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Re: OK, I am calling the bottom of this market cycle
No, we didn't. Where did you get that? Is that just "stuff people say" or did you read it somewhere, and, if so where?
I think this is just a Dream of a Past Golden Age.
According to my calculations from Morningstar's tabulation, I find that
- the average decline took 2.00 years
- the average recovery took 2.36 years
- Recoveries were faster than declines 9 out of 18 times, and slower than declines 9 out of 18 times
- As a ratio between decline and recovery time, the fastest recovery was 1/1911-1/1924, when the recovery took only 42% as long as the decline
- The slowest was 1/1937-1/1945, when the recovery took 6.38X as long as the decline, about one year down and over six years to recover.
Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness; Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.
Re: OK, I am calling the bottom of this market cycle
Shouldn't Aug2000 - Oct2006 and Oct2007 - Aug2012 be split into two peak/troughs
80% VOO | 20% BND+TBILL+CASH | Don't believe Nobody because Nobody knows nothin' - Anon
Re: OK, I am calling the bottom of this market cycle
I was wondering the same thing, since new highs were reached in the mid 2000’s.
“When there are multiple solutions to a problem, choose the simplest one.” ― John C. Bogle
Re: OK, I am calling the bottom of this market cycle
“It took just over 15 years to recover the money invested at the 1929 peak, following a crash far worse than Smith had ever examined. And since World War II, the recovery period for stocks has been even better. Even including the recent financial crisis, which saw the worst bear market since the 1930s, the longest it has ever taken an investor to recover an original investment in the stock market (including reinvested dividends) was the five-year, eight-month period from August 2000 through April 2006.”
― Jeremy J. Siegel, Stocks for the Long Run: The Definitive Guide to Financial Market Returns & Long-Term Investment Strategies
― Jeremy J. Siegel, Stocks for the Long Run: The Definitive Guide to Financial Market Returns & Long-Term Investment Strategies
“When there are multiple solutions to a problem, choose the simplest one.” ― John C. Bogle
Re: OK, I am calling the bottom of this market cycle
Only the bottom I can call is almost depleted my money market account cash that I’ve used up to buy more index ETF’s last Friday. Other than that short term is a fool’s errand . Everyone knows that eventually market will go higher . Time in the market is most important.
"The fund industry doesn't have a lot of heroes, but he (Bogle) is one of them," Russ Kinnel
Re: OK, I am calling the bottom of this market cycle
15 years for someone who contributes monthly or 15 years for lump sum investment? Im not interested in the latter.Billy C wrote: ↑Mon Sep 05, 2022 9:01 am “It took just over 15 years to recover the money invested at the 1929 peak, following a crash far worse than Smith had ever examined. And since World War II, the recovery period for stocks has been even better. Even including the recent financial crisis, which saw the worst bear market since the 1930s, the longest it has ever taken an investor to recover an original investment in the stock market (including reinvested dividends) was the five-year, eight-month period from August 2000 through April 2006.”
― Jeremy J. Siegel, Stocks for the Long Run: The Definitive Guide to Financial Market Returns & Long-Term Investment Strategies
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Re: OK, I am calling the bottom of this market cycle
A great lesson in humility. It seems ill-advised to make claims about the future that depend on things yet to unfold. Who knows what Putin, the Fed, and a butterfly in the Amazon will do tomorrow!nisiprius wrote: ↑Sat Sep 03, 2022 6:27 pm The last time I remember someone making a post just to say they were calling the bottom was on September 4th, 2008:
The bear market is overVFINX, Vanguard 500 index fund:I'm going on the record. I think the July 15 lows will hold.
If you haven't rebalanced in a while, it's time to dust off your spreadsheet and figure out how much in bonds you need to sell and how much in stocks to buy.
(He later suggested that he be judged, not by how close he came to the bottom in terms of stock prices, but in time, i.e. he was only about six months off.)
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Re: OK, I am calling the bottom of this market cycle
Morningstar's methodology is what it is and they explain it in the article and other articles linked to it.
There are always arbitrary definitions. Morningstar's is based on 1) total growth, including dividends, and b) real return, adjusted for inflation. I think that's sound. Too often you will see statements based on e.g. the price of the S&P 500, without dividends, and not adjusted for inflation.
The interesting thing is that there are really two important periods that are just on the edge of whether to count them as one decline or two. One of them is 1929-1945. Most sources, including Morningstar, count them as two separate shorter declines back-to-back, but that's a statistical fluke--1936 was one of the best years in stock market history, and it was just barely enough to count as a recovery. But only three months separated it from 1937-1945. So 1929-1945 counts as two declines--just barely. Similarly, by Morningstar's methodology, 2007 almost reached the year-2000 high but not quite, so they count 2000-2013 as a single decline.
An important point here is that these are hairs-breadth calls. People want to take statements about "the average length of a bear market" as solid planning numbers, but it really makes a difference if you count 1929-1945 as two shorter periods or one longer period, and the same thing for 2000-2013.
It's easy to verify Morningstar's call. This chart is for VFINX, the Vanguard 500 Index Fund, and PortfolioVisualizer always includes dividends, and lets us adjust for inflation. Morningstar's judgement--that the market did not quite recover in 2007--seems reasonable to me.
If your personal strategy is going to stand or fall on whether the stock market just barely recovered or didn't quite recover, it isn't a robust strategy.
Source
Last edited by nisiprius on Mon Sep 05, 2022 9:55 am, edited 3 times in total.
Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness; Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.
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Re: OK, I am calling the bottom of this market cycle
Yeah, and the thing is... being embarrassed in a forum is not a big deal. But committing important money to hunches about where we are in the market cycle can be very serious.traveling_salesman wrote: ↑Mon Sep 05, 2022 9:28 amA great lesson in humility. It seems ill-advised to make claims about the future that depend on things yet to unfold. Who knows what Putin, the Fed, and a butterfly in the Amazon will do tomorrow!nisiprius wrote: ↑Sat Sep 03, 2022 6:27 pm The last time I remember someone making a post just to say they were calling the bottom was on September 4th, 2008:
The bear market is overI'm going on the record. I think the July 15 lows will hold...
Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness; Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.
Re: OK, I am calling the bottom of this market cycle
Well, I am buying more non-us stocks (I hold very little), because the grind down keeps continuing. We are going into winter, and the energy problems in Europe have not abated, but I am hoping to some extent it is baked into the stock price. IQLT, as an example of a quality factor fund, seems to have pretty low valuations right now. I bought my last slug too early, so I'm buying some more.
Re: OK, I am calling the bottom of this market cycle
I can't call a bottom in the US market, because I still think Walmart is quite overvalued. When I see another hard pull back on Walmart and a perpetually high defense stocks, I will think we are there. Those have been the last two "categories" of limit order purchases that I have placed, that have not yet fired.
Re: OK, I am calling the bottom of this market cycle
15 years for those who stayed the course and did nothing other than reinvest their dividends.Blue456 wrote: ↑Mon Sep 05, 2022 9:08 am15 years for someone who contributes monthly or 15 years for lump sum investment? Im not interested in the latter.Billy C wrote: ↑Mon Sep 05, 2022 9:01 am “It took just over 15 years to recover the money invested at the 1929 peak, following a crash far worse than Smith had ever examined. And since World War II, the recovery period for stocks has been even better. Even including the recent financial crisis, which saw the worst bear market since the 1930s, the longest it has ever taken an investor to recover an original investment in the stock market (including reinvested dividends) was the five-year, eight-month period from August 2000 through April 2006.”
― Jeremy J. Siegel, Stocks for the Long Run: The Definitive Guide to Financial Market Returns & Long-Term Investment Strategies
Jeremy Siegel discusses this in another book he wrote, “The Future for Investors”:
“But perhaps the greatest single example of the power of dividends involves the stock market crash of 1929 and the Great Depression that followed. On Sept. 3, 1929, the Dow Jones Industrial Average hit 381 -- and it did not reach that level again until November 1954. That's an incredible peak to trough to peak that pained investors for a full 25 years.
If you'd known that was coming, you would surely have been better off dumping your stocks and getting into bonds or treasuries, right? Wrong ... very wrong.
According to Siegel, the average stockholder who reinvested his or her dividends actually showed an annual rate of return of more than 6% during that 25-year period. That's about twice the accumulation of bonds and four times better than short-term treasuries.“
https://www.fool.com/investing/dividend ... tquot.aspx
“When there are multiple solutions to a problem, choose the simplest one.” ― John C. Bogle
Re: OK, I am calling the bottom of this market cycle
A balanced 60:40 portfolio actually gave a real return of 3.69%.nisiprius wrote: ↑Mon Sep 05, 2022 9:42 amMorningstar's methodology is what it is and they explain it in the article and other articles linked to it.
There are always arbitrary definitions. Morningstar's is based on 1) total growth, including dividends, and b) real return, adjusted for inflation. I think that's sound. Too often you will see statements based on e.g. the price of the S&P 500, without dividends, and not adjusted for inflation.
The interesting thing is that there are really two important periods that are just on the edge of whether to count them as one decline or two. One of them is 1929-1945. Most sources, including Morningstar, count them as two separate shorter declines back-to-back, but that's a statistical fluke--1936 was one of the best years in stock market history, and it was just barely enough to count as a recovery. But only three months separated it from 1937-1945. So 1929-1945 counts as two declines--just barely. Similarly, by Morningstar's methodology, 2007 almost reached the year-2000 high but not quite, so they count 2000-2013 as a single decline.
An important point here is that these are hairs-breadth calls. People want to take statements about "the average length of a bear market" as solid planning numbers, but it really makes a difference if you count 1929-1945 as two shorter periods or one longer period, and the same thing for 2000-2013.
It's easy to verify Morningstar's call. This chart is for VFINX, the Vanguard 500 Index Fund, and PortfolioVisualizer always includes dividends, and lets us adjust for inflation. Morningstar's judgement--that the market did not quite recover in 2007--seems reasonable to me.
If your personal strategy is going to stand or fall on whether the stock market just barely recovered or didn't quite recover, it isn't a robust strategy.
Source
https://www.portfoliovisualizer.com/bac ... tion3_1=40
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Re: OK, I am calling the bottom of this market cycle
I did and this is what I got:
Me: Should I buy stocks now?
Magic 8 ball: Cannot predict now
Me: Should I buy bonds now?
Ball: Ask again later
Me: Should I rebalance my portfolio?
8 ball: You can rely on it.
Who needs a financial advisor when there’s the Magic 8 Ball.
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Re: OK, I am calling the bottom of this market cycle
love it.GoldenFinch wrote: ↑Mon Sep 05, 2022 4:59 pmI did and this is what I got:
Me: Should I buy stocks now?
Magic 8 ball: Cannot predict now
Me: Should I buy bonds now?
Ball: Ask again later
Me: Should I rebalance my portfolio?
8 ball: You can rely on it.
Who needs a financial advisor when there’s the Magic 8 Ball.
It's hard to accept the truth when the lies were exactly what you wanted to hear. Investing is simple, but not easy. Buy, hold & rebalance low cost index funds & manage taxable events. Asking Portfolio Questions |
Re: OK, I am calling the bottom of this market cycle
should i buy stocks now? Outlook good
should i buy bonds now? Very doubtful
lol...many financial advisors may be using it secretly
should i buy bonds now? Very doubtful
lol...many financial advisors may be using it secretly
80% VOO | 20% BND+TBILL+CASH | Don't believe Nobody because Nobody knows nothin' - Anon
Re: OK, I am calling the bottom of this market cycle
It is dé·jà vu all over again on the forum, i.e., predicting (what can't be predicted), then asking if it is market timing, which is predicting.
"Yes, investing is simple. But it is not easy, for it requires discipline, patience, steadfastness, and that most uncommon of all gifts, common sense." ~Jack Bogle
Re: OK, I am calling the bottom of this market cycle
Nobody knows nuthin'
Every once in a while somebody thinks they know sumptin'
Every once in a while somebody thinks they know sumptin'
Re: OK, I am calling the bottom of this market cycle
I mean... most people know that you probably shouldn't call the bottom before the most recent bottom has not yet been re-reached. And you don't do it on a Saturday (of a long weekend). And you don't do it when it's pretty likely (yet not certain) that a bear market rally has just ended.bhluckyusaguy wrote: ↑Mon Sep 05, 2022 7:11 pm Nobody knows nuthin'
Every once in a while somebody thinks they know sumptin'
I mean... I think most people know that.
But sometimes it's time to set your contributions to equities only. And whatever you have to tell yourself (or acclaim publicly) to make yourself do it when it's time do it is totally fine.
"The only thing that makes life possible is permanent, intolerable uncertainty; not knowing what comes next." ~Ursula LeGuin
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Re: OK, I am calling the bottom of this market cycle
Oh hey, VTI already trading below the called bottom! Shocker.
Re: OK, I am calling the bottom of this market cycle
Ok, I change my prediction for one more month. Just wait and see!9-5 Suited wrote: ↑Tue Sep 06, 2022 11:31 am Oh hey, VTI already trading below the called bottom! Shocker.
Re: OK, I am calling the bottom of this market cycle
It is both in this case! I do need more stocks but only a little. Either way my choice will have no great impact on my portfolio.wetgear wrote: ↑Sat Sep 03, 2022 4:08 pmSo are you keeping your AA or trying to time the market. It can’t be both.ronno2018 wrote: ↑Sat Sep 03, 2022 3:45 pmHA! I still need to keep to my 75 stock /25 bond policy until age 87 (hopefully?). But for now at least my bet is on making up some lost gains with every 401K purchase until I no longer work...yules wrote: ↑Sat Sep 03, 2022 3:43 pmhave courage in your conviction. If you truly are calling the bottom of this cycle, then you shouldn't only change you contributions, you should sell all your bonds and buy stocks. Until you do that, I won't believe you. Actually, even if you do that, I won't believe you but at least I would respect the courage of you conviction.
Yules
Re: OK, I am calling the bottom of this market cycle
I'm sure it will be right this time. And if not, the third time is guaranteed to work!ronno2018 wrote: ↑Tue Sep 06, 2022 3:27 pmOk, I change my prediction for one more month. Just wait and see!9-5 Suited wrote: ↑Tue Sep 06, 2022 11:31 am Oh hey, VTI already trading below the called bottom! Shocker.
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Re: OK, I am calling the bottom of this market cycle
One idea I like is to always buy stock index funds (401k, Roth) with new money.
Only rebalance into bond funds/fixed.
That way I'm always buying stock index funds. High, low, in-between.
Guessing and wishing and hoping won't predict a bottom. Winter is coming north of the wall. Not sure what that means for stocks.
Only rebalance into bond funds/fixed.
That way I'm always buying stock index funds. High, low, in-between.
Guessing and wishing and hoping won't predict a bottom. Winter is coming north of the wall. Not sure what that means for stocks.
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Re: OK, I am calling the bottom of this market cycle
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Re: OK, I am calling the bottom of this market cycle
I just got my time machine back from the repair shop.JoeRetire wrote: ↑Tue Sep 06, 2022 3:42 pmI'm sure it will be right this time. And if not, the third time is guaranteed to work!ronno2018 wrote: ↑Tue Sep 06, 2022 3:27 pmOk, I change my prediction for one more month. Just wait and see!9-5 Suited wrote: ↑Tue Sep 06, 2022 11:31 am Oh hey, VTI already trading below the called bottom! Shocker.
I say you are wrong .
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Re: OK, I am calling the bottom of this market cycle
Am I on reddit?
"Wealth consists not in having great possessions, but in having few wants." - Epictetus
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Re: OK, I am calling the bottom of this market cycle
VTI is still above 195.00. We'll see if it lasts through the days events.
Re: OK, I am calling the bottom of this market cycle
I'll be right the next time.ruralavalon wrote: ↑Wed Sep 07, 2022 8:45 amI just got my time machine back from the repair shop.JoeRetire wrote: ↑Tue Sep 06, 2022 3:42 pmI'm sure it will be right this time. And if not, the third time is guaranteed to work!ronno2018 wrote: ↑Tue Sep 06, 2022 3:27 pmOk, I change my prediction for one more month. Just wait and see!9-5 Suited wrote: ↑Tue Sep 06, 2022 11:31 am Oh hey, VTI already trading below the called bottom! Shocker.
I say you are wrong .
I always am.
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Re: OK, I am calling the bottom of this market cycle
I think 3600 was the bottom because Buffett bought heavily in the June quarter - 41 billion. He is sometimes a little early but not that far off.
I keep asking, Who is left to sell? Who didn't sell during the fall to 3600 that will sell now that we are off the low?
And the people like myself who were buying at the June lows - well, we're going to be buying if it drops again.
A lot of institutions and hedge funds sold in January and haven't gotten all the way back in. You will keep hearing these calls for a lower market until they have been able to buy what they want.
When you look at the market this way you realize that it doesn't work much differently than it did back in the day when there were pools and cliques banding together to drive stocks up and down.
I keep asking, Who is left to sell? Who didn't sell during the fall to 3600 that will sell now that we are off the low?
And the people like myself who were buying at the June lows - well, we're going to be buying if it drops again.
A lot of institutions and hedge funds sold in January and haven't gotten all the way back in. You will keep hearing these calls for a lower market until they have been able to buy what they want.
When you look at the market this way you realize that it doesn't work much differently than it did back in the day when there were pools and cliques banding together to drive stocks up and down.
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Re: OK, I am calling the bottom of this market cycle
The problem I see is that as the FF rate rises, bond yields also rise & people might sell equities to start buying bonds. And this will be a gradual process, not overnight...but something like this took place during the 70s I'm sure.Carol88888 wrote: ↑Thu Sep 08, 2022 9:53 am I think 3600 was the bottom because Buffett bought heavily in the June quarter - 41 billion. He is sometimes a little early but not that far off.
I keep asking, Who is left to sell? Who didn't sell during the fall to 3600 that will sell now that we are off the low?
And the people like myself who were buying at the June lows - well, we're going to be buying if it drops again.
A lot of institutions and hedge funds sold in January and haven't gotten all the way back in. You will keep hearing these calls for a lower market until they have been able to buy what they want.
When you look at the market this way you realize that it doesn't work much differently than it did back in the day when there were pools and cliques banding together to drive stocks up and down.
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Re: OK, I am calling the bottom of this market cycle
Buffett isn't the one to follow... the Fed has been basically controlling the stock market for the past three decades. As long as CPI is above fed's fund rate and unemployment is low, the market has no where to go except down as the Fed will be continuously raising fed's fund rate or else there is no chance they could control inflation.Carol88888 wrote: ↑Thu Sep 08, 2022 9:53 am I think 3600 was the bottom because Buffett bought heavily in the June quarter - 41 billion. He is sometimes a little early but not that far off.
I keep asking, Who is left to sell? Who didn't sell during the fall to 3600 that will sell now that we are off the low?
And the people like myself who were buying at the June lows - well, we're going to be buying if it drops again.
A lot of institutions and hedge funds sold in January and haven't gotten all the way back in. You will keep hearing these calls for a lower market until they have been able to buy what they want.
When you look at the market this way you realize that it doesn't work much differently than it did back in the day when there were pools and cliques banding together to drive stocks up and down.
Re: OK, I am calling the bottom of this market cycle
I think market will only start a next bull cycle once feds rate increase stops or levels off so there is still a year to go maybe
80% VOO | 20% BND+TBILL+CASH | Don't believe Nobody because Nobody knows nothin' - Anon
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Re: OK, I am calling the bottom of this market cycle
The market tends to move before the final Fed movements and statements. Some of those moves are premature. This current uptick could get it's collar yanked or might have been the exact moment to go all in. Only the OP knows. :LOL
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Re: OK, I am calling the bottom of this market cycle
Yes, but you and 56% of the individual investors out there believe just that. But we know the market doesn't have to move in a way that makes sense to our collective logic. Just the opposite.boogiehead wrote: ↑Fri Sep 09, 2022 1:09 amBuffett isn't the one to follow... the Fed has been basically controlling the stock market for the past three decades. As long as CPI is above fed's fund rate and unemployment is low, the market has no where to go except down as the Fed will be continuously raising fed's fund rate or else there is no chance they could control inflation.Carol88888 wrote: ↑Thu Sep 08, 2022 9:53 am I think 3600 was the bottom because Buffett bought heavily in the June quarter - 41 billion. He is sometimes a little early but not that far off.
I keep asking, Who is left to sell? Who didn't sell during the fall to 3600 that will sell now that we are off the low?
And the people like myself who were buying at the June lows - well, we're going to be buying if it drops again.
A lot of institutions and hedge funds sold in January and haven't gotten all the way back in. You will keep hearing these calls for a lower market until they have been able to buy what they want.
When you look at the market this way you realize that it doesn't work much differently than it did back in the day when there were pools and cliques banding together to drive stocks up and down.
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Re: OK, I am calling the bottom of this market cycle
The 56% I was referring to are the 56% who when surveyed last week said they were bearish.
Billions has already been liquidated from stock funds. Now the tide gets reversed by pension funds who come in to buy pushing it up off the June lows.
That's how I see it any way. We are going higher but if we don't - all the better to buy and get low prices. It's a win, win.
Billions has already been liquidated from stock funds. Now the tide gets reversed by pension funds who come in to buy pushing it up off the June lows.
That's how I see it any way. We are going higher but if we don't - all the better to buy and get low prices. It's a win, win.
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Re: OK, I am calling the bottom of this market cycle
What kind of black-and-white thinking is that? If a person thinks the 49ers will beat the Bears tomorrow, they're allowed to get five dollars instead of their life savings. This nuance is completely valid.yules wrote: ↑Sat Sep 03, 2022 3:43 pmhave courage in your conviction. If you truly are calling the bottom of this cycle, then you shouldn't only change you contributions, you should sell all your bonds and buy stocks. Until you do that, I won't believe you. Actually, even if you do that, I won't believe you but at least I would respect the courage of you conviction.
Yules
Re: OK, I am calling the bottom of this market cycle
Well so far my call has been perfect. Let's see what happens this week people.
Re: OK, I am calling the bottom of this market cycle
Holy cow thank you for the replies to this post! So interesting! So many smart people on here! Thank you moderators!
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Re: OK, I am calling the bottom of this market cycle
Exactly it doesn't anymore... the market used to be based on valuation and fundamentals, but that basically has been thrown out the door. Don't make it harder than it has to, don't fight the Fed. I didn't believe the Fed could prop up the market during Covid when the economy was mostly shutdown, not only did the Fed prop up the market, they created a massive bull run.Carol88888 wrote: ↑Sat Sep 10, 2022 3:45 pmYes, but you and 56% of the individual investors out there believe just that. But we know the market doesn't have to move in a way that makes sense to our collective logic. Just the opposite.boogiehead wrote: ↑Fri Sep 09, 2022 1:09 amBuffett isn't the one to follow... the Fed has been basically controlling the stock market for the past three decades. As long as CPI is above fed's fund rate and unemployment is low, the market has no where to go except down as the Fed will be continuously raising fed's fund rate or else there is no chance they could control inflation.Carol88888 wrote: ↑Thu Sep 08, 2022 9:53 am I think 3600 was the bottom because Buffett bought heavily in the June quarter - 41 billion. He is sometimes a little early but not that far off.
I keep asking, Who is left to sell? Who didn't sell during the fall to 3600 that will sell now that we are off the low?
And the people like myself who were buying at the June lows - well, we're going to be buying if it drops again.
A lot of institutions and hedge funds sold in January and haven't gotten all the way back in. You will keep hearing these calls for a lower market until they have been able to buy what they want.
When you look at the market this way you realize that it doesn't work much differently than it did back in the day when there were pools and cliques banding together to drive stocks up and down.
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Re: OK, I am calling the bottom of this market cycle
You're may think you're right for perhaps a few weeks, especially if tomorrow's CPI comes at or below expectations. History shows us that battling with double digit inflation isn't so easy. We'll see.
Re: OK, I am calling the bottom of this market cycle
I can’t even predict the past.
“Man who says it cannot be done should not interrupt man doing it.”
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Re: OK, I am calling the bottom of this market cycle
What time frame to you propose? I would like to see VTI clear 215 with good volume. The Fed and/or UE numbers will eventually jump the shark. Is it this cycle or the next? That's the risk.TropikThunder wrote: ↑Mon Sep 12, 2022 12:16 pmCelebrating after four trading days from your prediction? That’s like spiking the ball on your own 10 yard line.