Replies

Sure I warned you, loud and clear. I warned anybody who would listen. You and many others just weren't listening.

This is just the latest warning I made and this was with AMPLE time to adjust your portfolio. I can lead a Freeper to water, but I can't make him think...

I’ll speak for myself. I am not excited by the worsening economy, merely cautioning of it. Maybe even help a few Freepers. The economy and stock market is going to do what it is going to do. You and I can’t make it move one way or the other. I’ve got my money completely out of equities and risk where it is safe. I’m sure many people here see the sell off as nothing more than a buying opportunity. I don’t think so, and have tried to tell others to put your money in safe investment, and return to equities after the bear market and recession are over.

I’ve tried to tell others, this is not the time to be spending and getting over-extended. Pull back, watch spending, save your pennies, shun risk and wait a year when you can get equities and real estate at lower prices than today.

Most laugh at me and scream “doom and gloom, the sky is falling”. Whatever. I won’t be the one with the 25% haircut from stocks.

There is no joy in spotting the tornado’s approach, just an obligation to herd people toward the seller. You repeatedly state that we like the coming recession. I don’t like it at all. I’m just trying to protect myself from it and warning others to do the same, in complete futility. Those who refuse to see that the real economy is getting worse deserve what they get, but it gives me no pleasure to watch it.

Source: http://www.freerepublic.com/focus/f-news/1930784/posts?q=1&;page=51

durasell -- unless I recall incorrectly, you were one of the stronger detractors to my posts, but I can't recall if it was to my posts about the market, about housing or about both. I couldn't make you listen. I wish I could have made you and others here listen. Oh well.