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Stock Market Prediction (Bottom and Year End)

#39

(03-20-2020, 03:55 PM)Senor Fantastico Wrote:
(03-20-2020, 03:26 PM)jagibelieve Wrote: Nobody can predict the market.  I just watch certain indicators and combine it with experience.  Am I always right?  Certainly not and never claimed to be.  I have also said numerous times that I am by no means a professional so my opinion is just that... my opinion.

That's kind of the point. "If we aren't at the bottom right now we are close" is a definitive statement is it not?



I suppose if you keep stating we're at the bottom every few days eventually you'll be right.

I don't recall ever saying anything about being near a bottom until about a week or so ago.  I haven't been "essentially saying the same thing for a month".  I also refused to give a number or a date for the bottom because it really is impossible to predict, especially given the circumstances at the time.

Sure my statement is definitive, but as I said before... it's just my opinion.  Take it or leave it.  It really doesn't matter to me.  I have stated numerous times that I am not a professional and to take my opinion/advice for what it is.  I have been trading/investing for over 20 years and have done very well.  Have I done the best?  Of course not.  Was this the best time to buy into Micro$oft?  Time will tell.  The indicators that I follow all point to the fall slowing and I suspect the turnaround will happen soon.


There are 10 kinds of people in this world.  Those who understand binary and those who don't.
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RE: Stock Market Prediction (Bottom and Year End) - by jagibelieve - 03-20-2020, 04:25 PM



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