Coin Bureau: Market correction will happen

Said on Mar 10, 2024, at 22:16 in the video.

What was said
Coin Bureau

@coinbureau

“it's also only a matter of time before we see a correction that we'll see some investors get burned”
Watch at 22:16Billionaires 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

the 12th of February Congress was briefed on a serious national security threat coincidentally or maybe not Pelosi just happened to scoop up $1 million worth of shares at Pao Alto Network a cyber security company in the same week oh Nancy but taking off are tin full hats for just a moment it looks more likely that the main reason why we're seeing this selling is because of how heated up the markets are getting this can perhaps be best seen on the nasdaq's S&P 500 which is currently trading at its all-time highs while it's great to be in the green it's also only a matter of time before we see a correction that we'll see some investors get burned when you consider that millions of dollars worth of shares is just a small percent percentage of a Billionaire's overall allocation it looks a lot more like some simple profit taking whether we see more selling in the future that remains to be seen but it does seem very likely so what should you do well far be it for us to ever offer Financial advice but it would appear that we're getting some strong signals that the markets could cool off and retrace at any moment what happens next is anyone's guess but if you think there's a reason this selling

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.

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