The stock market will crash between October 5-8 2008 (July 28th 2008)

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Uploaded by on Jul 28, 2008

historisk tabell kobling (chart link):
http://www.flickr.com/photos/54205769@N07/5017705774/

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Uploader Comments (patriotsundergod)

  • just to throw an idea out there... wouldn't it be wise to simply withdraw all your money from the market before the "crash?"

    I mean a crash would be devastating, but I don't think that it would ultimately inflate the dollar into nothing. However, if you have money in banks and stock, you would lose a fortune.

    It seems to me that if you also want to have some cash on hand out of the bank, it would help...

    thoughts?

  • Yes, it would be good to have some cash on hand. I don't have any stock right now. My money is in short positions and hard assets.

  • as of now do you recommend buying november puts in late Sept or early Oct(2nd thru 5th)? Or do you need confirmation in the form of a 2-week DOW up-trend?

  • I'd say buy November puts, but wait until things mature a little more. I'll make another video at least two weeks before the anticipated drop, at which time I'll submit my recommendations.

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  • You should do another market update when you have time. I am wondering if we are on the verge of another huge market meltdown? Maybe testing Lows of March 2009?

  • Just subscribed.

    Thx!

  • wow. Okay. Gold is a bit off for me, I am only a student. I think I will invest in cigarettes, alcohol and chocolate for trade if things really start to blow up. And we have a garden and fertile land. I think that might be a way to handle things...

  • A long time. Buy some gold now if you have the chance. I am confident we will see gold above $2000 per ounce within the next few years.

  • it is a bit spooky to read these comments 7 month later. I am not into stocks or the financial system very much but it is intereting and eeary even for me. How long will this thing last? any predictions?

  • between the 3d and the 8th of October you said, Nostradamus?....God bless us all...

  • You're not looking wrong at all. As a matter of fact, you may be right on. Before I say good job, let October go by and we'll see then.

  • watch?v=G6_bAvB80iI

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