How big will the correction BE?

Didn't you think this last year and since gone 30% +

agree soap.Mikad is probably an elliot waveist.Those dickwads are forever calling for massive corrections.Bob prechter of elliotwave international has been bearish for 20 years.Occasionally he is right, there is a market fall.The reason theses guys are always calling for corrections is that that's the only thing they can measure.You cAN'T MEASURE ABOVE THE PREVIOUS ALLTIME HIGH BUT THERES PLENTY TO MEASURE BELOW IT, as a result they are allways calling for what they can measure.
I'm yet to see an elliot guy predict with any degree of accuracy BEFORE something happens.They always start betwwen 6 months and 10 years before it happens.When it finally does they claim to be right."I told you in 1997 there would be a correction in the future,it just took to 2008 to happen".

Mikaad

Absolute rubbish! If you are one that believes inflation will be a factor going forward it is inevitable that the stock market will increase. Japan has lived with low interest rates and zero inflation, for years. I would be very surprised i fthat could happen in the UK

Another thing,every persons view is valid, so lets not personalise them,its not the football terraces.
my views are based on math calcs, so its got a foundation.I trust that other peoples views are similar based,i.e fundamentals,political considerations etc.

Mr Ben LOL!!

still standing by my comments at end of last year. equity trend is up, and inflation will further that. of course it's sector dependent - financials for etc are up sht creek - whereas miners and metals are crushing it. there will be a market collapse at some point as op suggests, but this is a few years off yet imho. any near term collapse if it occurs will be followed with near instant positive correction imho.

Hold on a sec.Mrben,your comment that you cant have a upper prediction is incorrect,tho its nothing to do with Elliot.
A simple updating of ********* gives you a figure for the blow-off top when it comes.Its doable with gold also,tho the top will be probably somewhat higher like the 1980 spike.I put in ********* on account of the fact that i have no idea of how many people know of this little trick.

and of course our markets are targetted by stronger eastern economies since our currencies are so weak there is value for money to be found, for them, by investing in our equities.

Mrben,i dont actually serve one master,rather more of a broad view of everything.One things for sure,and thats that the market will do the opposite to what is the general perceived view.
Trouble is,what is the general view of investors?,what are they all following?,Elliot?,fundamentals?.
I think its best to develop your own systems of doing things,even on the horses etc.then you do not run the risk of getting sucked in by anything.
As for predictions,i believe that short-term predictions in day trading or even 3 month predictions are a real problem,and will catch everyone out.But the long term is the best to play as
i lived thru the 1973 collapse and learned a lot from it.I just feel that the risk of a major correction is too high,and of course you dont have to be long or short,just stay out!.I'll keep specific high low calcs to myself for the mo,but if you give me your e-mail i'll send them,REMEMBER if you give calcs to everyone et al and they work all people have to do is to is tothen calc how you arrived at them and then a good system is lost forever.
i take it that none of us are multi-millionaires,so none of us have a monopoly on the truth as regards getting everything spot on,so i wish people wouldnt put everyone into certains camps thus producing an us and them mentality.It doesnt help things,certainly if we are to make money.
I am continually staggered at supposed clever people unable to discuss things sensibly.I watched American Apprentice last night, and what is the norm these days i was amazed at all these very clever people unable to get on,discuss,communicate with each other.I guess its the same on forums,everybody head-butting,grandstanding etc and nothing moving forward,they might just as well call all these forums vent-your-spleen.com.
My point is,is that nothing gets achieved,it generally ends up being a total waste of time.Whats wrong with taking a more buisness-like approach to things.Perhaps then we'll all prosper,instead of the Alexander The Great motto,i must win,everyone else must fail.Typical example,ive developed a system over 20 years of picking horse winners,do you think i can find a computer geek to computerise it?,well actually no!!,i cant even get it to the table,hows that for pathetic.As i say even if its American or English Apprentice it gives you an insight into peoples failings,and forums as this one merely confirm all that is patently obvious.
Unless of course your different!!,and would like to halt this stagnation and move forward.[hands up!!]

pipes- nicely put. love to hear from you. my email is mrben_2005@yahoo.com.au

criketon,

Savers win in a deflationary bust.

hope that helps.

So the solution is to devalue the savers wealth through inflationary policies because they can't be trusted with the wealth they've prudently accumulated?

Give me a break ffs.

I know this may come as a shock.To date elliot wavist- pipedreamer has not emailed me with any predictions.Like all elliot heads when the presure is on they are too busy correcting their triangles.

mrben,i will e-mail,only i'm leaving on tues for a 3 week cruise around the middle east,Egypt, Dubai,the Yemen [dont think i'll get off!!!]etc,and so things are a bit hectic.
question,do you punt the horses?.