[Signalman]

How valid is this? I don't know. But it is in line with what some economic forecasters are saying such as Harry Dent and Robert Prechter (Elliot Wave).

[steveo]

[hoe_cake]

bump

[Dallas59]

I'd wish for almost anything to get Bammy and his leftist friends out of the Whitey House...

[staytrue]

You should have 10% invested in an armageddon portfolio, just in case, and that is about it.

[Centurion2000]

2300 and starting this week? Doubt it.

6000 by year's end .... guaranteed.

[GeronL]

The economy is all messed up. If they pass “healthcare”, Cap N Trade and Card Check. The economy will literally implode. You will definitely not want cash. Buy Rural Bunkers, Ammo and Bulk Food NOW!

[trumandogz]

The Dow is going to 2300

NO.

[Bullish]

The crash is already underway, and the idiot community organizer is driving it.

[Centurion2000]

He is right about the FDIC-ks effectively being broke as of 8/14 though.

[taxcontrol]

I agree with the message but not the hype. I have been out of stocks for 4 months now. Technical trend analysis shows that we are approaching the end of an inverted head and shoulders. This is an indicator of a big drop.

Also, PE ratios and PEG ratios are simply too high. A lot of money has to come out of stocks before companies return to more historic levels.

Just my .02

[cyborg]

ZOMBIES!

[JRandomFreeper]

I'm long on plum trees, shorting cash, currently investing in building a log cabin and restoring historic apple trees. I'll have plum wine this fall, along with apple cider and plenty of food to winter over. I'm positioned for being able to sell sugar, tobacco, corn flour, and white lightning next year if required.

Do I think things are bad? No, not for me, but we could use some good snow this winter.

/johnny

[GeronL]

According to

GeronL Economic Advisor Quarterly

there will be deflation overall for another few months with heavy inflation following by next year. Possibly hyper-inflation in 2011, probably blamed on the new House GOP Majority (sigh) by the media (whats left of them)

_{**GLEAQ is not responsible for the idiots who take its advice.}

[justlurking]

[Colvin]

At the moment I’m investing in three things.
Personal debt reduction.
Hay & Feed.
Barn wood.

P&E ratio has been off for years, but I am not over woried about it. Gold is over priced, not a chance I am getting into that.

[Lazamataz]

ZOMBIES!!!!

[RobRoy]

This post is what is called in sales the “Big Fat Claim”. Highly effective if you back it up with convincing data. Worse then useless if expected to stand on it’s own.

All the articles I’ve been reading that say similar things are A) much less alarmist, B) Less “sure”, and C) Back up the warnings with facts, figures, graphs, historical data, trend data, etc.

[jnsun]

Not sure about the timing, but think about how truly stupid the American people were to elect Barack Obama. I am familiar with Oregon - think about it - a State that's ninety five percent White, and the ONLY reason they elect a totally incompetent Leftist jerk is because of some decades long media-manipulated GUILT about "afro-Americans," whatever the hell that means.

We're not necessarily talking about a purposely malicious President, but about truly ignorant people (incl. Obama's backers) obsessed with their own need to think they know better and to manipulate others - Jewish-type arrogance and pagan morality. Those who really do not understand what charity, or humility, or self-honesty (maturity) really are.

And those who risk, and innovate, and invent, and trust, and collaborate, in a word, faith, are finding the path has been obliterated by the ugliness of arrogance. How obvious is it when Barack Obama himself speaks?

We are staring LEFTISM in the face. Mao, Stalin, Hitler, etc. and it appears the majority of Americans have no clue, OR, like the AARP (who should know better) are so selfish they do not care.

Johnny Suntrade

[PMAS]

ping

[NeoCaveman]

Anything is possible but the crash probably won’t happen until all the traders get home from vacation.

September/October.