Coin Bureau: Market correction will happen

Said on Mar 10, 2024, at 24:33 in the video.

What was said
Coin Bureau

@coinbureau

“eventually that rocket will run out of steam and come back down to earth”
Watch at 24:33Billionaires Are SELLING!! Here's Why & What it Means For You!!
PredictionMarket correctionwill happenChecked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Partly correct

Entry price (first close after the video)

$511.28

Mar 11, 2024

Total return, dividends included

+11.0%

SPY closed at $511.28 on Mar 11, 2024. Between then and Mar 10, 2025, its deepest fall from a running peak was −8.5%, on Mar 10, 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.

30 days

Incorrect

90 days

Partly correct

180 days

Partly correct

1 year

Partly 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 v4Incorrect$511.28Mar 11, 2024—Apr 9, 2024+1.9%Total return, dividends included—
90 daysR-CRASH v4Partly correct$511.28Mar 11, 2024—Jun 7, 2024+4.8%Total return, dividends included—
180 daysR-CRASH v4Partly correct$511.28Mar 11, 2024—Sep 6, 2024+6.4%Total return, dividends included—
1 yearR-CRASH v4Partly correct$511.28Mar 11, 2024—Mar 10, 2025+11.0%Total return, dividends included—
3 yearsR-CRASH v4Pending——Mar 10, 2027——
5 yearsR-CRASH v4Pending——Mar 9, 2029——
Why: 30 days

SPY closed at $511.28 on Mar 11, 2024. Between then and Apr 9, 2024, its deepest fall from a running peak was −1.9%, on Apr 4, 2024. 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 $511.28 on Mar 11, 2024. Between then and Jun 7, 2024, its deepest fall from a running peak was −5.4%, on Apr 19, 2024. 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 $511.28 on Mar 11, 2024. Between then and Sep 6, 2024, its deepest fall from a running peak was −8.4%, on Aug 5, 2024. 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 $511.28 on Mar 11, 2024. Between then and Mar 10, 2025, its deepest fall from a running peak was −8.5%, on Mar 10, 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: 3 years

Not yet resolved. The window closes Mar 10, 2027.

Why: 5 years

Not yet resolved. The window closes Mar 9, 2029.

What was said around it

have meaningful options for Capital deployment at BIR Berkshire he Then followed this with a pretty damning all in all we have no possibility of eye popping performance now obviously this could be seen as a heavy signal that the market is approaching its peak however as Warren Buffett also once famously said never bet against America he might be right given that the stock market's continued growth is bringing the S&P to new all-time highs as the old saying goes though what goes up must come down while its price action seems to be running on Rocket Fuel lately eventually that rocket will run out of steam and come back down to earth so if you're looking at when's the best time to take some profits maybe following the footsteps of some of the world's most successful investors could be the best place for you to start okay that's all for today's video if you learn something new let us know by Smashing that like button if you want to make sure that you keep learning subscribe to the channel and ping that notification Bell if you want to help others learn be sure to share this video with them if you happen to be into crypto then the coin Bureau deals page is where you need to go it's got trading

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