Posted on 07/19/2009 6:59:16 PM PDT by Kartographer
Dr Marc Faber expect total market collapse soon
Here is video of Marc Faber talking CNBC yesterday total collapse coming soon and he was immidiately cutoff by the host .
(Excerpt) Read more at youtube.com ...
Good one ;-)
CNBC is owned by totally corrupt General Electric.
Uh. Brinker told people all through the 90’s to stay invested. Those who did made money. He sent out a sell signal to get out of the market before the big sell off in the NASDAQ and DOW. Those who listened (like me) did well.
He did make an investment suggestion on the QQQ’s But it was for RISK capital as it was a speculative trade after the 2000 election when his model predicted a rise. That was a bad call but was mitigated somewhat as the protracted contesting of the Presidential election aborted what should have been a rally.
He also sent out a buy signal in March of 2003 which coinsided with the market low. If you bought in at that time you did quite well as I did. Finally he did miss the top of the market in Nov of 07.
Thanks for the ping.
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