SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Market Trends & Market Chatter (Investment Ideas)
TIGR 10.16-6.9%Nov 4 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
cmg
mary-ally-smith
To: Fintas who wrote (1462)12/16/2014 11:30:09 AM
From: benwood2 Recommendations  Read Replies (1) of 4369
 
I looked at what certain permabulls were saying around that time, curious to see if they had cheefly realized the danger. They didn't, or at least didn't say so. Bullish all the way down, as you stated, and the epic center of wave thre3 being dead ahead has been stated for many years.

The problem with that statement is the SPX in the year 2000 was 1570ish and dropped 44%. Then it rallied as most know to the 1570 ish in 2007.. And again it then dropped apprx 54% to the 666 ish reference
Using a yardstick of 666 is disingenuous since nobody advocated getting out before, and back in that one specific day.

However, this is slightly less dramatic than your bullish stance on DRYS even as it has declined about 75% or so in the past 12 months. That's my take on numbers -g-

He'll be right in the long run, imo, largely due to an inflationary wave to wipe out debt. I think you're bullish stance will also be proven right, but I am less certain, as anybody should be since the SPX is 500 stocks and this is just one.

But yeah... 34% in 14 years is nothing to brag about. An MMF for the first half of that time would have produced about half of that return, before the Feds began their war on savers.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News