dow flash crash to 13K, 1987 style?
what happen to his central thesis of public to private assets that he keeps prophesying that is supposed lend support to the equity mkt & to infinity beyond.
phase transition (head) or sling shot (tail)... i guess he is going to say that he or computer calls it when either one of the event eventually happens.
at the end of the day, do not let his extreme views distort yours because it seems like he doesnt know what is going to happen more than you do & is relying on traditional px action to justify his storyline.
Excatly. His forecasts are all over the place. He doesn't have a single clue of what will happen next.
OK, that's good sidhujag, your financial astrologer!
But, it really is difficult to predict the future. Sometimes some trends can be followed (predicted), but I doubt that many can consistently "beat the market" (look how many hedge funds and mutual funds underperform the S&P 500).
Armstrong may be in a position to perform better. All that data and his supercomputers may yield up information that NO ONE has ever found (much less looked at) before. THIS is where something of great value may arise.
haha yea funny eh... hes only been right with 90% of his calls, better than armstrong. Alot of them short/medium term too.
long running hedge funds will rarely if ever underperform S&P.. in a crazy bull market that we are in its easy for you to dollar cost average but in choppy markets hedge funds win. Hedge funds and mutual funds spread the risk and allocate more efficiently, the ones that underperform are quickly replaced by ones that don't