The stock market is going to CRASH!
Uploader Comments (patriotsundergod)
Top Comments
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I am beginning to believe this whole financial crisis is a complete hoax. The truth be known, the rich just keep getting richer. They continue to spend lavishly on things such as $20 million homes, expensive cars, and yachts. The U.S. military continues its presence around the world. The taxpayers spend billions to maintain their presence. Why no cut backs in defense spending??
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what election ?
All Comments (93)
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dang stock market!
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I wouldn't buy it now either. $46 = o.k. if you are looking for income. I think it hit $60 plus back in '07.
Glad you are still in the game
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Tough for me to buy RY (at this level @54) near it's 4 year high of 59.
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RY (Roayal Bank of Canada pays a nice 4% divvie. Grows at about 9-10% a year. It has moved from low of $25.60 to current mid fifties. The other good 'house' if McDonalds. Not as much growth though, about 5% per year with a 3.8 to4% divvie.
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THANK YOU!! I see they hit it today. Oct. 19, 2009. (I bought some bk then)
I called $30. for Canadian Mining Giant Teck corp too. they bottomed at $3.35 (March) and today are at $33.60.
The double dip was good, in Dec and Mch. Anyone buy Ford back then? $1.01, today $7.50
This guy was right about the crash though... but recovery has happened.
Also I have yet to see this 'great depression'. Bear and Recession pretty much broken after FIFTEEN months
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Good call on CMI. $50/share on 10/19/09.
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HOLY SHIT!!!
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Wait, you posted this on July 10th predicting September 26th downturn?
This is amazing.
I also believe your predictions on the market's inability to recover in the next 10 years.
I just regret not seeing this video earlier...
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Wow, impressive even for a non-financial buff like me. Can you predict how secure banks are in general at this point of time for private money? What do you think how long will it take to recover the markets? Sorry if these questions are stupid I have very little knowledge of how these things work.
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I've seen governments goin' into the market, especially in Hong Kong back in the crisis in '97. And they got US$4,000,000,000 out of it, too. They also managed to keep their peg from their dollar to our dollar, and "waged a war on speculators". Yeah. But whatever. You know, what'd be good right now, CMG. They're at $50 right now, coming off of 52wk lows of $38 from Nov., I think organics+foodservices=profit.
It all you're doing is following charts to make such accurate predictions I have to believe there may have been a few others, both in government and the private sector, that also knew exactly what was coming. I have to wonder what they know now that they're not telling us as well. Please let us know what you think. Thanks.
jdmick 3 years ago
Charting is just a small piece of the puzzle. I'll be sure to let you know if anything else is revealed to me.
patriotsundergod 3 years ago
Shorted Teck Cominco... 45$ and gave it back at 18. Done good, but it is now at $4 a share!
sparwood8 3 years ago
That sounds like a good trade man! You should feel good if it keeps going in your direction after you've gone. Keep getting that fat chunk in the middle!
patriotsundergod 3 years ago