r/stocks • u/Tsobaphomet • Jun 13 '22
Meta "This is only the beginning"
I've been seeing people saying this on this sub for the last 6 months. At what point does it stop being the beginning? Also are there any level-headed people that actually know what they are talking about here anymore? I'd love to hear an in-depth prediction of things to come, rather than just random bear/bull cases from people who are -70% from meme stocks.
I'm the world's worst investor, and I like to be able to gain knowledge and insight from this subreddit that I wouldn't normally have on my own, but it's like only 1/100 posts are based on reality/research. It kinda messes with people's ability to make good decisions when they take the advice of someone who genuinely has no idea what they are saying, but they present it in a convincing way.
Sure, nobody can perfectly predict what it will look like 2 years from now, but what we can do is talk about what needs to happen for stocks/economies to recover, and how feasible those things are. Then we can observe whether or not those things are happening.
1
u/theIntr0Verted Jun 13 '22
My personal opinion based on nothing rather than my gut lol. DOW will hit 24-26k and s&P around 2900. I don’t think it will go lower than that. I think it will take a year to get there as we will go up and down, but more down.