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In reply to the discussion: longshot prediction: the AI bubble gets popped this month by the SpaceX IPO, so get out NOW [View all]Happy Hoosier
(9,683 posts)42. Or not
I do think a correction is coming. But when? I don't think anyone knows.
There is a cautionary tale from the dot.com bubble. A well known investment banker saw the Bubble. He called it. He got out of the market. in 1999. The market went up another 25% before it popped. He didn't get back in the market into well into the recovery, because he wasn't confident in the bottom. He came out worse than if he'd just let it ride.
So, yeah, if you think you can call the top and the bottom, go for it. But most who attempt that will fail.
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longshot prediction: the AI bubble gets popped this month by the SpaceX IPO, so get out NOW [View all]
paulkienitz
Thursday
OP
If the Democrats win back Congress this fall I predict a stock market correction.
yardwork
Thursday
#4
Something I think a lot of folks are missing are structural changes in the market.
Happy Hoosier
15 hrs ago
#43
9 years ago when I joined DU, people were saying that Bitcoin would burst and go to near zero
Polybius
21 hrs ago
#36
Bitcoin will either sputter on for decades, or go almost instantaneously to zero at any time -- it's not predictable.
paulkienitz
21 hrs ago
#37
Lol imagine taking investment advive from a panicked, anonymous internet poster.
BannonsLiver
16 hrs ago
#41
I am hardly alone in pointing out how remarkably huge and smelly an elephant is currently in the room.
paulkienitz
3 hrs ago
#47
I have no intention of trying to call tops and bottoms. I just want to avoid big crashes.
paulkienitz
3 hrs ago
#46