Predictions for 2008by The Fly on December 30th, 2007 at 11:33 pm |
The elections will be gay.
Taxes will go up.
Emerging markets will get their teeth kicked in, especially “BRIC.”
Commodity prices will remain robust, as food supplies dwindle.
Oil will keep a tight range of $75-90.
Natural gas will break $10.
Gold will break $1,000.
Two major financial institutions will fail.
There will be mergers in the brokerage sector.
Agriculture stocks will outperform in the first half, then dive in the 2nd.
Semiconductor stocks will bore investors to death.
(CC: 2.31 -0.43%) will file for bankruptcy protection.
(HOV: 4.98 -5.50%) will file for bankruptcy protection.
Stem cell stocks will gain momentum, with strong Democratic poll showings.
Utilities will continue to outperform, as old people look for yield.
(PFE: 17.75 +0.74%) will make a big acquisition.
Many solar burrito stocks will drop by 50%, before recovering.
(RIMM: 115.04 -1.00%) will get hit hard, in the second half of 2008.
(AAPL: 170.12 +1.15%) will do well.
(GOOG: 537.00 +1.89%) will lose mojo.
The Dow Jones will fall by 15%.
The Nasdaq will fall by 15-20%.
“The Fly” will still bank coin, despite spending too much time talking to retards on the internets.
Finally, iBankCoin.com will be worth millions.
Viz.
UPDATE: The Earth will explode, much to your chagrin.
That sounds accurate to me.
Thanks for taking the time to tell us about your time travel.
December 30th, 2007 at 11:41 pmSerious post. Can’t disagree from here. Well done.
December 30th, 2007 at 11:52 pmBearshitter!
December 31st, 2007 at 12:14 amBearshitter indeed. How bout updating the main logo of your page, higher stock prices…
December 31st, 2007 at 3:20 amYou left out:
MVIS will leave a huge turd in the investor pool.
December 31st, 2007 at 3:29 amThe Fly is channeling Doug Kass.
December 31st, 2007 at 5:01 amFly’s Favorite New Christmas Present
December 31st, 2007 at 6:54 amFly,
Congratulations on the new site…
and thanks from all the leaches.
Happy New Year!
December 31st, 2007 at 8:22 amWild Night (best version) -
http://www.youtube.com/watch?v=glm7cVBZjqw
This is the Raptor speaking:
I Like most of your predictions and, of course, your overall gloomy outlook.
As a trader, 2008 will be interesting and profitable provided one stays disciplined. We’ll see plenty of “rallies within established bear trends”. Might I add that my mean reversion models are likely to perform extremely well as heightened volatility kicks in.
FX will be my asset class of choice.
Off to prepare tonight’s event, have a good one…
December 31st, 2007 at 9:27 am[...] Fly - I am scared of him and his posse so must link weekly. His predictions are thoughtful as well . [...]
January 1st, 2008 at 7:58 pmI was curious as to why you think two financial institutions will fail this year?
February 8th, 2008 at 12:55 pmthis is the coolest place ever! After visiting all kinds of sites, I figured out that this one is the most interesting
April 6th, 2008 at 3:21 pm