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Analyst Says Stocks May Drop 40% to 50%


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#1 redfoliage2

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Posted 14 October 2018 - 09:16 PM

https://uk.finance.y...-192500278.html


Edited by redfoliage2, 14 October 2018 - 09:16 PM.


#2 da_cheif

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Posted 14 October 2018 - 10:08 PM

as allways j6p hasnt a chance being pummelled by stuff like that...watch the sky



#3 trioderob

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Posted 14 October 2018 - 10:37 PM

if true - all the "buy and hold" guys on the forum are going to be doing some real a$$ puckering

 

will put their systen to a real test 



#4 dTraderB

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Posted 15 October 2018 - 07:32 AM

Those analysts now make me bullish! 

At least for the near future as the bear trade looks too crowded. 



#5 12SPX

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Posted 15 October 2018 - 08:28 AM

just checking is that yahoo warning thing ok, I always get nervous clicking those things??



#6 12SPX

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Posted 15 October 2018 - 08:51 AM

Those analysts now make me bullish! 

At least for the near future as the bear trade looks too crowded. 

I think very bearish for an opex week as two day 2700 puts on the S&P500 are going for $8 wow!!  



#7 redfoliage2

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Posted 15 October 2018 - 09:05 AM

SPX sub 2700 soon, maybe in this week.  By the end of the month we should see SPX in low 2600.


Edited by redfoliage2, 15 October 2018 - 09:11 AM.


#8 Data

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Posted 15 October 2018 - 09:11 AM

He was a contestant in a fantasy stockpicking contest.

 

"Yusko, a noted stock picker who took first place in Portfolios with Purpose's fantasy stock-picking contest in 2016, predicts a recession in the first or second quarter of 2019."

 

I used to know stockbrokers who would enter under multiple accounts to get high placement in the rankings.  One of the strategies was to pick 5 stocks under $5 which were making new highs at the end of the last quarter.  One or more would go on to run 200-300 percent in three months.



#9 PrintFaster

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Posted 15 October 2018 - 09:25 AM

AMAT looking sick.  Already down 45% from the highs.

 



#10 12SPX

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Posted 15 October 2018 - 09:31 AM

SPX sub 2700 soon, maybe in this week.  By the end of the month we should see SPX in low 2600.

I think that'll be tough being an opex week, may continue into Nov to but we'll see!  The nice thing is that even further out the premiums on the puts are huge!!