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S&P 500 2800 By Years End
09-26-2017, 10:26 AM
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#1
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Thinks s/he gets paid by the post
Join Date: Mar 2017
Location: New York City
Posts: 2,838
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S&P 500 2800 By Years End
BMO spokesman Brian Belski (president/chief?) says S&P 500 to go to 2800 by years end.
Now I have no personal connection to this guy. Im convinced he read my post yesterday about the 67 % crash thats coming, and wanted to calm me down.
I can not find his predicting accuracy but I like what he has to say. In the fine print of the broadcast they mentioned it was 2600-2800. but they were touting the 2800 as the upper limit.
He said any pullback should be bought up aggressively.
Maybe I should start the BCG investment adviser firm. Most of these shows tape in NYC, if they send me a limo I would be good for ratings. I could even cook while Im giving out my predictions. If they try to stump me with some technical question I'll ignore them and say, "OK now for those of our watchers in TV land, this is when you add the Marsala wine, be careful it might flame up!, Whoa look how beautiful that looks."
PS, if i remember Ill see on 12/31 of this year if we are at 2600-2800.
If we are, I'll invite him on my show during the episode of when I make Tiramisu.
__________________
Withdrawal Rate currently zero, Pension 137 % of our spending, Wasted 5 years of my prime working extra for a safe withdrawal rate. I can live like a King for a year, or a Prince for the rest of my life. I will stay on topic, I will stay on topic, I will stay on topic
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09-26-2017, 10:30 AM
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#2
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2005
Posts: 10,252
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Normally, I don't read financial porn found on the web, but you tricked me.
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09-26-2017, 10:41 AM
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#3
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Thinks s/he gets paid by the post
Join Date: Mar 2017
Location: New York City
Posts: 2,838
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Quote:
Originally Posted by LOL!
Normally, I don't read financial porn found on the web, but you tricked me.
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Im taking reservations , You can be my special guest spokesman during the "BUY,BUy, Buy, episode." We will film it on a Friday. Ill show the audience how to make Filet of Sole Oreganata.
__________________
Withdrawal Rate currently zero, Pension 137 % of our spending, Wasted 5 years of my prime working extra for a safe withdrawal rate. I can live like a King for a year, or a Prince for the rest of my life. I will stay on topic, I will stay on topic, I will stay on topic
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09-26-2017, 12:00 PM
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#4
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Thinks s/he gets paid by the post
Join Date: Nov 2015
Posts: 2,692
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Quote:
Originally Posted by Blue Collar Guy
BMO spokesman Brian Belski (president/chief?) says S&P 500 to go to 2800 by years end.
Now I have no personal connection to this guy. Im convinced he read my post yesterday about the 67 % crash thats coming, and wanted to calm me down.
I can not find his predicting accuracy but I like what he has to say. In the fine print of the broadcast they mentioned it was 2600-2800. but they were touting the 2800 as the upper limit.
He said any pullback should be bought up aggressively.
Maybe I should start the BCG investment adviser firm. Most of these shows tape in NYC, if they send me a limo I would be good for ratings. I could even cook while Im giving out my predictions. If they try to stump me with some technical question I'll ignore them and say, "OK now for those of our watchers in TV land, this is when you add the Marsala wine, be careful it might flame up!, Whoa look how beautiful that looks."
PS, if i remember Ill see on 12/31 of this year if we are at 2600-2800.
If we are, I'll invite him on my show during the episode of when I make Tiramisu.
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Is this only binary? Perhaps in October the S&P takes 5% "crash" (aka "pullback") you had posted about yesterday. And then in December rallies back to 2800 by year-end. Both are then right.
A correction has been predicted shortly after the last correction. One time or another they'll be right. I'm not as concerned as when or how much, but for how long. I have enough stashed away to ride out 5 years without much thought.
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09-26-2017, 12:33 PM
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#5
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2015
Location: Michigan
Posts: 5,003
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Such predictions are less than worthless. As a contrarian, I much prefer people predicting crashes or corrections and the like.
__________________
"The mountains are calling, and I must go." John Muir
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09-26-2017, 01:40 PM
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#6
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Thinks s/he gets paid by the post
Join Date: Mar 2017
Location: New York City
Posts: 2,838
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Quote:
Originally Posted by bobandsherry
Is this only binary? Perhaps in October the S&P takes 5% "crash" (aka "pullback") you had posted about yesterday. And then in December rallies back to 2800 by year-end. Both are then right.
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Wow, If this turns out to be the case, I will send the limo to you, I will say you predicted this back on Sept 26th. You could start a website, and ill post link to my recipes. BTW I hope it does turn out like that. we all would make a killin
__________________
Withdrawal Rate currently zero, Pension 137 % of our spending, Wasted 5 years of my prime working extra for a safe withdrawal rate. I can live like a King for a year, or a Prince for the rest of my life. I will stay on topic, I will stay on topic, I will stay on topic
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09-26-2017, 01:53 PM
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#7
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Moderator Emeritus
Join Date: Apr 2011
Location: Conroe, Texas
Posts: 18,731
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BCG, I need a new recipe for Texas Chili! Got one?
__________________
*********Go Yankees!*********
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09-26-2017, 02:18 PM
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#8
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Thinks s/he gets paid by the post
Join Date: Mar 2017
Location: New York City
Posts: 2,838
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Quote:
Originally Posted by aja8888
BCG, I need a new recipe for Texas Chili! Got one?
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Is that made with Mozzarella?
__________________
Withdrawal Rate currently zero, Pension 137 % of our spending, Wasted 5 years of my prime working extra for a safe withdrawal rate. I can live like a King for a year, or a Prince for the rest of my life. I will stay on topic, I will stay on topic, I will stay on topic
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09-26-2017, 02:23 PM
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#9
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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I cook, but had to look up Oreganata style. I am ready to try something new.
By the way, if you post any recipe, must have some photos. RobbieB always shows us what his culinary acquisitions look like with a photo. You cannot do any less.
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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09-26-2017, 02:40 PM
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#10
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Thinks s/he gets paid by the post
Join Date: Mar 2017
Location: New York City
Posts: 2,838
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Quote:
Originally Posted by NW-Bound
I cook, but had to look up Oreganata style. I am ready to try something new.
By the way, if you post any recipe, must have some photos. RobbieB always shows us what his culinary acquisitions look like with a photo. You cannot do any less.
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The bride is in a good mood today, Im going to ask her A) how do I use the camera 2) how do I get the photo from the camera to the laptop.
__________________
Withdrawal Rate currently zero, Pension 137 % of our spending, Wasted 5 years of my prime working extra for a safe withdrawal rate. I can live like a King for a year, or a Prince for the rest of my life. I will stay on topic, I will stay on topic, I will stay on topic
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09-26-2017, 06:40 PM
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#11
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2004
Location: Laurel, MD
Posts: 8,327
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Quote:
Originally Posted by Blue Collar Guy
The bride is in a good mood today, Im going to ask her A) how do I use the camera 2) how do I get the photo from the camera to the laptop.
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I usually just use the camera on my phone and send myself an email with the pic attached.
__________________
...with no reasonable expectation for ER, I'm just here auditing the AP class.Retired 8/1/15.
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09-26-2017, 07:45 PM
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#12
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Thinks s/he gets paid by the post
Join Date: Mar 2017
Location: New York City
Posts: 2,838
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Quote:
Originally Posted by jazz4cash
I usually just use the camera on my phone and send myself an email with the pic attached.
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My phone has no camera, it does have a flashlight. It does gets texts too. I just dont retrieve them.
__________________
Withdrawal Rate currently zero, Pension 137 % of our spending, Wasted 5 years of my prime working extra for a safe withdrawal rate. I can live like a King for a year, or a Prince for the rest of my life. I will stay on topic, I will stay on topic, I will stay on topic
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09-26-2017, 07:57 PM
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#13
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Moderator
Join Date: Jul 2017
Posts: 5,776
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Quote:
Originally Posted by Blue Collar Guy
BMO spokesman Brian Belski (president/chief?) says S&P 500 to go to 2800 by years end.
Now I have no personal connection to this guy. Im convinced he read my post yesterday about the 67 % crash thats coming, and wanted to calm me down.
I can not find his predicting accuracy but I like what he has to say. In the fine print of the broadcast they mentioned it was 2600-2800. but they were touting the 2800 as the upper limit.
He said any pullback should be bought up aggressively.
Maybe I should start the BCG investment adviser firm. Most of these shows tape in NYC, if they send me a limo I would be good for ratings. I could even cook while Im giving out my predictions. If they try to stump me with some technical question I'll ignore them and say, "OK now for those of our watchers in TV land, this is when you add the Marsala wine, be careful it might flame up!, Whoa look how beautiful that looks."
PS, if i remember Ill see on 12/31 of this year if we are at 2600-2800.
If we are, I'll invite him on my show during the episode of when I make Tiramisu.
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If you get that show, I'll be sure to watch!
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