grey road

Is a Crash Impending?

We can all prognasticate here and we do, however I have basically been able to see whats coming next up until this point. The market has no justification at these levels. I know it could run further which means it will drop further. I do believe the market will bottom out in 2010, or 2011 at about 3000 on the dow...

Is a Crash Impending?

Hey , I agree, profit from it while you can... just keep a very close eye on things because they are going to get worse. ALOT worse.Its baked in the cake and if you think we have entered a new bull market and things are so rosy, it is you that will get burned. But of course profit now while you can.. ALso stock up on gold and whatever else you may need to survive.


On Sep 05 06:29 PM FB5000 wrote:

> You are right. It is really different this time. The End of Days
> are upon us. We will all be living in cardboard boxes or deserve
> to becasue we need to take our medicine.
>
> A lot of you are advoating very harsh measures. A return to the gold
> standard. We got off that because it makes the money supply unmanageable.
> It is sound policy to expand money in the current environment. It
> is also sound policy to use fiscal tools to prime the pum
>
> Since you have a good memory remember Penn Central and the day the
> US - almost - rean out of money? Barely a blip now. Do you remember
> the S&L crisis. 900 banks bust in one year alone. Can you recall
> the year? what was S&P then? What is it now?
>
> The US economy is the greatest wealth creating machine ever conceived.
> That is not cheerleading just a statement of fact.
>
> A lot of you are so focused on ideology and some sort of political
> agenda that you are locked into a world view that is hurting your
> ability to adapt and profit from opportunity.
>
> Good. More for me. I need people on the other side of trades. Much
> better that they are irrational.
>
>
>
>
>
>
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Is a Crash Impending?

arent you a breath of fresh air... good luck with that.. I think youve been wearing your goggles for too long.. they are all fogged up.


On Sep 06 09:09 PM VOTEFORBRAD.COM wrote:

> Freddie Mac is up in value because the housing market has bottomed
> out and FRE is turning out of the red. Freddy bottomed out at 0.25.
> The government will not let it fail, and smart people bought in at
> that price. Now there is a frenzy because dumb people are slow to
> catch on. It will top out at around $25 or so late next year, which
> means $50,000 today will be $600,000.00: Merry Christmas, 2010!

Is a Crash Impending?

Don't be a silly man. There is still a very good chance we will see those sort of lows. whats your prediction?


On Aug 31 12:12 PM mikemichaelson wrote:

> He still thinks the S&P 500 is going to 200. Admit when you're
> wrong Karl.