Unfortunately there are many people making predictions about where the market will be. The real question is can someone make a prediction, commit capital, and realize a gain based on those predictions. Only time will tell, and for those of use watching from the sidelines, it's virtually impossible to tell who will be right, and if they are right that it's because they deeply understand the fundamentals of the problem versus just randomly having the right prediction for the wrong reasons.

The following NH comment thread has predicted current recession http://news.ycombinator.com/item?id=102176 but I doubt anyone has became rich because of that.