tag:blogger.com,1999:blog-6290074707985614952.post4675950173505328222..comments2024-03-29T15:14:01.669+08:00Comments on Invest Openly: Is The Market Really Crashing By End 2017?Investopenlyhttp://www.blogger.com/profile/07785795437892877722noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6290074707985614952.post-18866223579291357092017-06-05T13:17:04.801+08:002017-06-05T13:17:04.801+08:00Hi Andy,
Thanks for the insightful facts about hi...Hi Andy,<br /><br />Thanks for the insightful facts about his past prediction. I guess we need to read with a pinch of salt for all kind of predictions.<br /><br />Cheers! Investopenlyhttps://www.blogger.com/profile/07785795437892877722noreply@blogger.comtag:blogger.com,1999:blog-6290074707985614952.post-73105306079257936272017-06-03T17:31:41.968+08:002017-06-03T17:31:41.968+08:00Harry S. Dent? That names looks familiar. For all ...Harry S. Dent? That names looks familiar. For all the wrong reasons. Because all of his predictions were wrong - so far. One day he might be accidentally right. His track record so far is terrible.<br />Wikipedia: "In 2012 the "Dent Tactical Advantage ETF," symbol DENT, was de-listed having consistently under-performed the market for three years while at the same time charging an egregiously high 1.65% management fee.<br />In 2012, a major economic crash is inevitable and that it will drop the DOW all the way to 3,300. As of early 2013, he has amended his predictions slightly to an expectation that the financial crash will begin between the end of 2013 and the first half of 2014.<br />In 2013, Dent predicted the market would crash again in the Summer of 2013 and would take a further year and a half to recover.<br />In 2014, while promoting his book The Demographic Cliff in Australia, he predicted a major Australian housing market correction beginning in 2014 after an even bigger one in China. He also predicted that the price of gold would fall to USD$700 an ounce, and has since revised this prediction to 2017.<br />On December 10, 2016, Dent predicted that the Dow Jones Industrial average could fall 17,000 points as a result of Donald Trump's election win. Less than two weeks later, Dent reversed his opinion and thinks there is short term growth for the US stock market, but demographic forces will keep the economic growth stagnant in the longer term.Tacomobhttps://www.blogger.com/profile/00984034091151711523noreply@blogger.comtag:blogger.com,1999:blog-6290074707985614952.post-7952609977689715112017-06-01T22:04:04.268+08:002017-06-01T22:04:04.268+08:00Hahaha, that's true, nothing new. Thanks for t...Hahaha, that's true, nothing new. Thanks for the viewpoint too. Investopenlyhttps://www.blogger.com/profile/07785795437892877722noreply@blogger.comtag:blogger.com,1999:blog-6290074707985614952.post-46573602200669341832017-05-31T17:32:48.013+08:002017-05-31T17:32:48.013+08:00It's quite a common knowledge or expectation. ...It's quite a common knowledge or expectation. About 80% of analysts & newsletter writers & their dogs that I know of are predicting similar events. The only big question is whether there will be a final blowoff bubble phase or not. No, we're not in a stock bubble today. Bubbles are usually like 100% rise i.e. doubling of stock indices, within 1 year or less. 1999 was a bubble. 2007 was not. Today up to May 2017 is not. But as 2008 showed, sometimes you don't need a bubble to have a big crash.Anonymousnoreply@blogger.com