Posted on 10/27/2008 5:48:28 PM PDT by prolifefirst
BUMP FOR LATER
He says the upswings we’ve had the last couple of weeks are “fake rallies”, and people should cash out the next time we have one.
Can’t we just forgive all the debt and live happily ever after?
I think the markets are pricing an Obama win. And this guy sees an Obama win.
If that’s the case, anyone with $250k in income is a target; that’s pretty much anyone with a financial sector job plus most doctors, lawyers, small business owners and business developers. So nice of Obama to cap the American dream for us.
If you value your job, your retirement, your home, and the country you grew up in: do not, under any circumstances vote for Obama.
Forget him. There was a freeper who constantly posted that the housing bubble was going to burst and he was shouted down and ridiculed. Wish I could remember his handle.
‘....Bert Dohmen, publisher of The Wellington Letter for the past 30 years.”
Has he been predicting the crash for all 30 years? I can think of a few newletter guys like that. It’s either great insight into the future, or just publishing your newletter for a long enough period.
The problem with this types of advice is that everyone has a dog in this hunt. He wants to ride the stock market to 0 so he can make a ton of money. He wants every one to bail and lose everything so he can take it.
I was one of ‘em ...
1) Read the article. He's been predicting this crash since July '07 when the market first hit 14,000.
2) If you like the author, Terry Savage, she says she's read this guy for a long time and thinks he's one of the best.
ExTexan?
So don't try some lame BS about the guy on the street corner shouting "the bridge is going to fail" being correct when the bridge fails years later.
Probably ex-Texan .
I read some of the threads but I know little about economics so I got lost.
That was him.
Whatever.
Hydroshock.
bump
btt
I remember his threads too but ex-texan took some heat.
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