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Brace for October Stock Crash: Investor
CNBC ^ | 8/23/09

Posted on 08/23/2009 5:47:56 AM PDT by FromLori

Video at site

Global stock markets could crash in October as the much hoped-for economic recovery fails to materialize, Enzio von Pfeil, CEO of EconomicClock.com, told CNBC. Anko Beldsnijder from MainFirst Bank disagreed.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Government
KEYWORDS: crash; fourth100days; stockmarket; third100days
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To: FromLori

Honestly, who knows? What you you say about an industry where monkeys throwing darts at a list of stocks can outperform the majority of fund managers? The fact is that the market is a highly complex system dicatated by thousands, if not millions, of variables. Very few people are consistently right—unless you own the economy (as does Goldman Sachs).


21 posted on 08/23/2009 7:25:28 AM PDT by rbg81 (DRAIN THE SWAMP!!)
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To: dools007

Thus, if you are patient, over time you will be richer for it.


Yeah, I’ve heard that before. I’m underwater on all of my “long term” mutual funds, which are still down for the last decade. In short, my “patient capital” has performed worse than my CDs.

The way I’ve made $$ is by going short term. High yield dividend stocks that pay you for owning them (thus reducing risk). Also, selling once I’ve made a 50% profit regardless. Yes, you can say I “lost money” by selling early—but no one every went broke by taking profits.


22 posted on 08/23/2009 7:30:05 AM PDT by rbg81 (DRAIN THE SWAMP!!)
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To: Travis McGee

Bump.


23 posted on 08/23/2009 7:46:52 AM PDT by TigerLikesRooster (LUV DIC -- L,U,V-shaped recession, Depression, Inflation, Collapse)
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To: TigerLikesRooster

One more crash and it’s “Planet Of The Apes”.


24 posted on 08/23/2009 7:49:13 AM PDT by ak267
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To: jwparkerjr

And the wheel is rigged too - just like in real casinos!

Otoh, if you practice a card-counter’s skills, you can scrape considerable money off the table.

It’s a living!


25 posted on 08/23/2009 7:54:38 AM PDT by headsonpikes (Genocide is the highest sacrament of socialism.)
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To: FromLori

Could this be why Obie has a Sept. (as soon as congress returns from vacation) new deadline on the health care issue.....do they no something we do not?
Did he ever release those “numbers” that where due out in July, and he was late in reporting them, remember he even used the old Bush was late also line.


26 posted on 08/23/2009 7:55:27 AM PDT by blueyon (It is worth taking a stand even if you are standing alone!)
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To: ak267
Yeah, those soon-to-be apes are crawling out of rocks, lured by ‘green shoot hoax.’ It is a temporary respite, slowed decline or in some countries, mild rebound. They could not be more wrong. Rampant stupidity used to bother me a lot but no more. It is all like a ‘natural disaster action movie’ you watch on TV.
27 posted on 08/23/2009 7:57:30 AM PDT by TigerLikesRooster (LUV DIC -- L,U,V-shaped recession, Depression, Inflation, Collapse)
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To: FromLori

The biggest problems I see are the Federal Reserve propping up banks that still have enormous exposure to bad debt, and the Treasury continuing to borrow gargantuan sums of money to pay for unsustainable levels of spending.


28 posted on 08/23/2009 8:03:10 AM PDT by andy58-in-nh (America does not need to be organized: it needs to be liberated.)
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To: blueyon

http://bluelori.blogspot.com/2009/08/mr-bubble.html


29 posted on 08/23/2009 8:06:37 AM PDT by FromLori (FromLori)
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To: kAcknor

why is it always october?


30 posted on 08/23/2009 8:10:07 AM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: dennisw
"People whose ancestors were from hot climates do not have this memtality unless it is learned"

The origin of the ant and the grasshopper tale?

31 posted on 08/23/2009 8:12:20 AM PDT by blam
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To: csmusaret
Buy on the first of Nov and sell the last day of March.

I suspect that this is probably a post hoc, ergo propter hoc kind of thing.

ML/NJ

32 posted on 08/23/2009 8:14:58 AM PDT by ml/nj
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To: andy58-in-nh
"The biggest problems I see are the Federal Reserve propping up banks that still have enormous exposure to bad debt, and the Treasury continuing to borrow gargantuan sums of money to pay for unsustainable levels of spending."

Coming Soon: Banking Crisis of Historic Proportions

33 posted on 08/23/2009 8:22:48 AM PDT by blam
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To: andy58-in-nh

Those things are problems, but a bigger problem may be the amount of additional uncertainty or risk that Obama and Pelosi’s Marxist Posse have introduced into the market. Who will Obama’s intervention and thuggery hurt next, and who will be helped? What sectors of the market will be hurt the most by the massive tax increases that must follow Obama’s insane spending? What companies will be hurt the most, and who might benefit from cap and trade, Obamacare, and amnesty for illegal aliens?

There is no way I will put new money in the market until these risks are eliminated or quantified. Yes, earning one-half of one percent in a money market fund is slowly destroying what my wife and I have accumulated over 40 years, but I cannot afford the risk created by Obama and the other Marxists now in control in Washington.


34 posted on 08/23/2009 8:25:46 AM PDT by olrtex
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To: andy58-in-nh
Lesson: Why "Normal" WILL NOT Return

[snip]

Here's the underlying problem: Bernanke and the Government are throwing literally $250 billion a quarter down the toilet simply trying to prevent an all-on deflationary collapse.

Unfortunately that "prevention" only works so long as the $250 billion a quarter can continue to be spent - more than $1 trillion a year in annual deficit that must be continually added by borrowing from the Chinese and Japanese EACH AND EVERY QUARTER or THE SYSTEM WILL GO RIGHT BACK INTO COLLAPSE.

How long can this continue?

[snip]

35 posted on 08/23/2009 8:26:23 AM PDT by blam
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To: blam
The origin of the ant and the grasshopper tale?

These is a tremendous incentive to be an ant if you live in a climate with a real winter where you have to rely on food you have put away and you have to have a heating source stored up (firewood)
The peoples and tribes who failed this test died off

If you live in a more moderate climate without these challenges the brain doesn't need to develop so much and you can have a "live for today" attitude. No need to plan for the future when you have no winter. Dry seasons can be a challenge to survival that you have to plan for and so can living in the desert. You can find both in the tropics and other places with no winter

36 posted on 08/23/2009 8:32:52 AM PDT by dennisw (Free Republic is an island in a sea of zombies)
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To: dennisw
"If you live in a more moderate climate without these challenges the brain doesn't need to develop so much and you can have a "live for today" attitude."

I've often suspected that cold is the mother of western civilization and maybe higher IQ's too.

37 posted on 08/23/2009 8:40:17 AM PDT by blam
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To: STONEWALLS

Yeah that would work my stocks like GM, GE, Lehman Bros...etc...come on..the buy and hold theory worked for your grandfather not under the Obama administration...


38 posted on 08/23/2009 8:40:20 AM PDT by OregonTide
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To: LRoggy

I hope you are aware that lower earnings increase the PE ratio.


39 posted on 08/23/2009 8:54:21 AM PDT by monocle
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To: blam

I’ve often suspected that cold is the mother of western civilization and maybe higher IQ’s too. ........

Me too

If you caught an anthropologist 100-125 years ago he would have said non-northern people are “ruled by their passions”. The implication being that northerners are not ruled by passions and emotions but intellect also comes into play

I’ve seen such statements but cannot give you the citations


40 posted on 08/23/2009 8:55:54 AM PDT by dennisw (Free Republic is an island in a sea of zombies)
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