Get Out Of Stocks Now, Before it's Too Late! - Do Something.
Uploader Comments (pauljthomason)
All Comments (35)
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I don't listen to stock tips from the British.
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It is now March 8th, 2011. Your reasoning is sound from my prospective. I love your attitude toward time prediction. It seems we are close to a big crash. The market is high and I believe it's time to sell and get into as much metal as your heart will allow. All paper is very risky. I'd rather take a loss with the metal manipulations than paper. When I say metal, I am talking physical delivery. I actually prefer Silver over Gold. Silver is the buy of a life time. It's way under valued.
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I say May 6 flash crash was no accident. Since then, volumes have dwindeled dramatically. S&P P/E near 22 is high. When we have had big moves in last 6 months, they have been to the down side, meaning big money is not getting into stocks. Never in history have insiders been such big sellers. I agree corp/national debts have to be resolved over next couple years. Mr Market acts irrationally says Buffet so it can do it on the up side. I have no idea where it's headed, down most likely.
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I don't understand why people say that someone's thoughts and analysis is stupid. It would be more productive if people just countered with their own reasoning and evidence. Thanks for the info Paul! Can you analyze the dollar index?
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The decline of the stock market may be a great thing! I will scoop up Blue Chip company stocks for very cheap. Some companies are recession/depression proof (like J&J, major banks, etc.).
I think the whole fear-mongering about an imminent collapse is just propaganda, to precipitate a market decline. The average American will sell his stocks, and the wealthiest will buy them. When the markets recover, the wealthiest will be moreso.
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also, keep in mind the federal reserves' boiler room may continue prop up markets coupled with skewed "better than expected" propaganda, until primary elections pass.
remember, politics is about winning.
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one thing i'll say is that it seems the major indexes are tipping. any move up has been followed by pullbacks with little to no recover. also, price action to the upside on individual stocks has flattened and some are reversing.
what is the ratios for accuracy of technical analysis again? 60/40?
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people that dont want to accept this and want to be much more positive, at least take this as a warning sign and get ready for great depression number two by first buying silver right away (or gold) then if it gets worse by a house away from bigger cities and protect your familys
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I am not trying to convince you. I don't care if you believe me or not - possibly you are an adult and capable of making your own judgements decisions - maybe you should take your smart comments elsewhere.
I was intently listening until i heard 100-250 on the SPX.
You say it yourself, the gov will step in and intervene. Why you think they will intervene yet see no results (aka your SPX @ 100 thesis) is beyond me.
Please dont disregard this as an 'im a bull!' statement as im definitely not, but your scenario is even more bearish than what im used to over @ ZH.
gdnimrod 1 year ago
I am not a bull or a bear - I couldn't care less about bullish or bearish argument, not interested. This is the highest mathematical probability of several alternatives, once a low is made the expectation is for a multi-decade rally where the S&P goes well above 2000, but the formation now indicates lower before higher.
Good luck.
pauljthomason 1 year ago
Yes I've read about this
pauljthomason 1 year ago
Thank you for the information. Would you say that although you feel it's might be a couple of years before the "big crash" - do you think anything will happen before then, i.e. riots, shortages, etc...
smartpeeple 1 year ago
Time cannot be forecast only price. Social consequences follow price.
Forecasting on a time basis is impossible.
pauljthomason 1 year ago