Author Topic: Scientist Predicts 60% Market Collapse  (Read 16564 times)

Chan

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Re: Scientist Predicts 60% Market Collapse
« Reply #30 on: May 29, 2013, 10:08:42 AM »
Whats your thoughts on this article ??  We'll see within 3 months if he's right ??



http://www.moneynews.com/MKTnews/Market-Collapse-Predicted-By-Scientist/2013/03/13/id/494569?promo_code=12C9B-1&utm_source=taboola

The three months are almost up and the sky is higher than ever.  I think the overall US economy will continue grinding its way to stability, I don’t see much upside in equities in the near future.  The markets have raced ahead and it will take some time for the fundamentals to catch up.  The next 3 months will be the interesting ones, and I’ll be happy to watch from the sidelines.

PonoBill

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Re: Scientist Predicts 60% Market Collapse
« Reply #31 on: May 29, 2013, 10:31:31 AM »
the nice thing about predicting downcycles is that if you do it often enough you'll be right, and you can claim brilliance.
Foote 10'4X34", SIC 17.5 V1 hollow and an EPS one in Hood River. Foote 9'0" x 31", L41 8'8", 18' Speedboard, etc. etc.

melonhead

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Re: Scientist Predicts 60% Market Collapse
« Reply #32 on: July 13, 2013, 02:53:21 PM »
Hmm, more than 3 months in, and no collapse.

What a surprise!  ::)

PonoBill

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Re: Scientist Predicts 60% Market Collapse
« Reply #33 on: July 13, 2013, 03:06:26 PM »
This 60% market collapse thing has become a marketing meme for the truly sleazy, like the "crazy secret" meme that somehow gets people to click on it. People need a tuneup on their bullshit detectors.
Foote 10'4X34", SIC 17.5 V1 hollow and an EPS one in Hood River. Foote 9'0" x 31", L41 8'8", 18' Speedboard, etc. etc.

SUPflorida

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Re: Scientist Predicts 60% Market Collapse
« Reply #34 on: July 13, 2013, 04:21:57 PM »
AYE!!!

Weasels wake

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Re: Scientist Predicts 60% Market Collapse
« Reply #35 on: July 13, 2013, 07:26:58 PM »
Just a simple question.
Doesn't "pumping up" usually mean filling up something with air?

We're pumping.
No, we're not pumping.
We're pumping.
No, we're not pumping.
We're pumping, damn it!
It takes a quiver to do that.

surfcowboy

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Re: Scientist Predicts 60% Market Collapse
« Reply #36 on: July 13, 2013, 10:56:46 PM »
I'm pitching in too. Realism is one thing but negativity just hoping that things will fail so that "the other side" will look bad is cutting off your nose to spite your face.

Moderation in all things, except surfing.

Chan

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Re: Scientist Predicts 60% Market Collapse
« Reply #37 on: July 25, 2013, 03:24:13 PM »
The wealthy are spending again, housing is off of recent historic lows, and consumer sentiment is varied.   Ther is good news for a certain few (2%?), however, lingering concerns abound.   It’ll be an interesting year for the global and US economies.
« Last Edit: July 25, 2013, 03:30:18 PM by Admin »

pdxmike

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Re: Scientist Predicts 60% Market Collapse
« Reply #38 on: July 25, 2013, 03:36:18 PM »
Not really important what happens because everyone will be so busy watching TV with that $35 plug-in thing Admin found.

Except for headmount who will be asleep on the pool deck.

SlatchJim

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Re: Scientist Predicts 60% Market Collapse
« Reply #39 on: July 25, 2013, 04:35:06 PM »
http://www.telegraph.co.uk/science/evolution/10159696/Humans-could-eventually-grow-beaks-scientist-predicts.html

Considering this scientist thinks we'll eventually grow beaks, a market collapse sounds like a cheery alternative.

Geologists continue to mine salt for just such a prediction.  Pick up your grains at the door.

surfcowboy

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Re: Scientist Predicts 60% Market Collapse
« Reply #40 on: July 26, 2013, 08:25:59 AM »
I like the guys who run the ads to buy gold saying its going up when it's on a huge down cycle. Gold goes up, it goes down, and their ads stay the same. Amazing.

Weasels wake

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Re: Scientist Predicts 60% Market Collapse
« Reply #41 on: July 26, 2013, 05:42:45 PM »
I invest in time, I just know that it will continue, with or without me.
But if you think about it, if you have time, it can pay off,,,,,,,,,,,,,,,,, hopefully.  :-\
« Last Edit: July 26, 2013, 05:44:43 PM by Weasels wake »
It takes a quiver to do that.

Chan

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Re: Scientist Predicts 60% Market Collapse
« Reply #42 on: July 28, 2013, 09:24:38 AM »
I invest in time, I just know that it will continue, with or without me.
But if you think about it, if you have time, it can pay off,,,,,,,,,,,,,,,,, hopefully.  :-\


Even time couldn’t help the collapsed tulip market.   I’d like to see slow, consistent, steady growth for a while.   The get rich quick mentality has got to be kept in check even if it takes increased regulation.
« Last Edit: July 28, 2013, 09:30:13 AM by Chan »

SlatchJim

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Re: Scientist Predicts 60% Market Collapse
« Reply #43 on: September 01, 2015, 03:49:02 PM »
At the risk of a stern talking-to by our gracious Admin, I have two reasons to revive this somewhat Orwellian thread.
1.) The market...or should I say...The Firesale, happening now.
2.) I posted in this thread back in 2013 about downsizing my house.  I have just done so, going from 2200 down to 1341 sq. ft.
we took some money out to do some badly needed renovation work (bank repo, flood damage, feral lawn, new roof), but I'm happy to say that I now owe way less on it, the monthly payment is easy, and I should have it paid for during my working career.  If a "Fear the Walking Dead" scenario occurs all will be mute, but if we bounce along through life, I should see a day where my most stressful situation will be picking a board to ride that day.

PonoBill

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Re: Scientist Predicts 60% Market Collapse
« Reply #44 on: September 01, 2015, 04:06:30 PM »
I predict a downcycle. And and upcycle. and over the next twenty years the market with grow some, and shrink some, and grow some.

We'll see how I do.

I get kind of a kick about people who claim to be "out of the market". No one is out of the market unless they have no debt, no assets, and don't eat. In other words, dead.
Foote 10'4X34", SIC 17.5 V1 hollow and an EPS one in Hood River. Foote 9'0" x 31", L41 8'8", 18' Speedboard, etc. etc.

 


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