What kind of a useless article is this?? You post a few charts and name drop and you think it gives teh article substance? Maybe it does to the novies reading - the people who have no business in the market, but not to anyone else. Instead of reporting the Scot predicting a "crash of 300pts" you need to get a mind of your own and bust his chops for calling a 300 point decline a collapse. Are you not aware teh market lost 450 pts this week?
Notice when the market sells off the "experts" warn of a crash. Show me guys who told people to sell the market 7 weeks ago when it was 13,100. That is valuable guidance, not some guy who follows the crowd.
Seriously, if you are going to submit a piece, make sure it's worth reading.
Chris, it is easy to explain the situation now that it has occurred. But where were you 2 or 3 years ago? I would venture to guess you were riding the wave of thought on our "great economy," similar to all of the other "pros." If you are going to hold yourself out as a CIO, you need to predict what is going to happen instead of reporting what has happened. As far as I can tell from this article, you are way behind the curve. If you would like some real insight let me know. I'm here to help.
High Likelihood of a Market Crash [View article]
Notice when the market sells off the "experts" warn of a crash. Show me guys who told people to sell the market 7 weeks ago when it was 13,100. That is valuable guidance, not some guy who follows the crowd.
Seriously, if you are going to submit a piece, make sure it's worth reading.
The Reverse Wealth Effect [View article]