Andrei Jikh: Market correction will happen

Said on May 20, 2022, at 10:03 in the video.

What was said
Andrei Jikh

@andreijikh

“we will reach a true market bottom somewhere around february 27 2023 or around the start ish of q2 of 2023”
Watch at 10:03The Bear Market Just Started | PREPARE
PredictionMarket correctionwill happenChecked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Correct

Entry price (first close after the video)

$396.92

May 23, 2022

Total return, dividends included

+7.3%

SPY closed at $396.92 on May 23, 2022. Between then and May 19, 2023, its deepest fall from a running peak was −16.7%, on Oct 12, 2022. A fall of at least 10.0% counts as a correction, and at least 5.0% as partial. The call was that a correction would come.

30 days

Correct

90 days

Correct

180 days

Correct

1 year

Correct

Result at every window

All windows are shown, so none is picked
Result at every window
WindowResultAt the startAt the endChangeBenchmark
30 daysR-CRASH v4Correct$396.92May 23, 2022—Jun 17, 2022−7.4%Total return, dividends included—
90 daysR-CRASH v4Correct$396.92May 23, 2022—Aug 18, 2022+8.3%Total return, dividends included—
180 daysR-CRASH v4Correct$396.92May 23, 2022—Nov 16, 2022+0.5%Total return, dividends included—
1 yearR-CRASH v4Correct$396.92May 23, 2022—May 19, 2023+7.3%Total return, dividends included—
3 yearsR-CRASH v4Correct$396.92May 23, 2022—May 19, 2025+56.6%Total return, dividends included—
5 yearsR-CRASH v4Pending——May 19, 2027——
Why: 30 days

SPY closed at $396.92 on May 23, 2022. Between then and Jun 17, 2022, its deepest fall from a running peak was −12.2%, on Jun 16, 2022. A fall of at least 10.0% counts as a correction, and at least 5.0% as partial. The call was that a correction would come.

Why: 90 days

SPY closed at $396.92 on May 23, 2022. Between then and Aug 18, 2022, its deepest fall from a running peak was −12.2%, on Jun 16, 2022. A fall of at least 10.0% counts as a correction, and at least 5.0% as partial. The call was that a correction would come.

Why: 180 days

SPY closed at $396.92 on May 23, 2022. Between then and Nov 16, 2022, its deepest fall from a running peak was −16.7%, on Oct 12, 2022. A fall of at least 10.0% counts as a correction, and at least 5.0% as partial. The call was that a correction would come.

Why: 1 year

SPY closed at $396.92 on May 23, 2022. Between then and May 19, 2023, its deepest fall from a running peak was −16.7%, on Oct 12, 2022. A fall of at least 10.0% counts as a correction, and at least 5.0% as partial. The call was that a correction would come.

Why: 3 years

SPY closed at $396.92 on May 23, 2022. Between then and May 19, 2025, its deepest fall from a running peak was −18.8%, on Apr 8, 2025. A fall of at least 10.0% counts as a correction, and at least 5.0% as partial. The call was that a correction would come.

Why: 5 years

Not yet resolved. The window closes May 19, 2027.

What was said around it

that's when we know the market bottom is at least somewhere close now i actually went a step further than that because i'm a nerd and i averaged out the length of time it took for us to reach the true market bottom after we reached a bear market of being down 20 between the years 1946 and 2020 and here's what i found the average amount of days that it took for us to reach the true market bottom after a bear market was 285 days that's how long it took which means if we continue at this same pace of investors panicking and selling off their stocks we will reach a true market bottom somewhere around february 27 2023 or around the start ish of q2 of 2023 now as fun as this data is to use to try to figure this out unfortunately life doesn't work in averages for example in 2020 it took us 23 days to reach the market bottom but in the year 2000 it took us 637 days or almost two years to find it so as fun as it is to use the law of averages to predict where we kind of are we're never going to be super accurate but it is a good place to start now the thing that i'm paying attention to right now is the stock markets drop as soon as it drops that 20 mark year-to-date that's when i'm starting the clock

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