The Leaves Won't Be The Only Thing To Fall! (Market Crash Prediction)

321Gold ^ | Oct 17, 2005 | Enrico Orlandini

[Travis McGee]

The October Newsletter The Leaves Won't Be The Only Thing To Fall! Enrico Orlandini Lasco Report 17 Oct, 2005

We're heading into that time of year where the word "crash" tends to command a bit more respect among market specialists, i.e., the months of October and/or November. Maybe it's just a coincidence, but I see an ominous cloud on the horizon. Actually, I see a large mass of clouds and they're as black as night. Anyone who's invested in the stock market over the last three or four years has little or nothing to show for it and, if you're still invested, you can't be feeling too comfortable right now. In short, a simple saving account would have been a better investment. Then again, when you buy into a market that's selling at 20 times earnings and paying a miniscule 1.75% dividend, what can you expect? Two weeks ago I warned my clients about the "probability", not the possibility, of a crash. What did I see that made me so worried that I would crawl out on a limb all by myself? Frankly, there were and still are any number of warning signals, and I would like to delve into some of them in the space provided below.

The first such warning sign comes from the market itself. Focus your attention on the following daily chart of the cash DJIA and follow along:

Lots of charts and analysis follows, HERE

[dennisw]

Way to go on stocking your lakes. It's akin to planting trees that your children and grand children will benefit from.

[vrwc0915]

Exactly, unless you have the physical resources to sustain your family for at least a 3 weeks with no outside help (Power, Food from the store, Ect) and the means to defend it you shouldn't be worrying about speculation. When the power goes out you can't sell your investments, your stock certs, if they even issue them these days, don't make for much warmth if your burn them, and you can't eat them. If you for some reason you couldn't liquefy your assets how long could you feed and shelter your family with what you have in your home right now?

[Cicero]

Me? I'm gonna use a $100.00 gun to take his soup. ;)

That's not very nice. :-)

[AndrewB]

Ahem. You clearly need to brush up on your second rate balding actors.

[Toddsterpatriot]

Then again, when you buy into a market that's selling at 20 times earnings and paying a miniscule 1.75% dividend, what can you expect?

I haven't checked lately. What is gold's earnings and what kind of dividend does it pay?

[LurkingSince'98]

IMO yes but not to the extent the pure bullion or minted gold will.

If you ever need to sell it for any reason you will get more return for your investment with minted gold coins than with jewelry.

Regards,
Lurking'

[dennisw]

God guts guns gold

[#1CTYankee]

"Autumn is a time for self reflection and evaluation. The leaves fall. Vegetation dies off

Stock market dives are common in the fall.

Chauncey Gardiner? is that you????

[LurkingSince'98]

listen toddo,

I don't care of your dividends. It's not return ON investment - it's return OF investment.

If your equities go down the drain who cares what your dividends are?

Regards,
Lurking'

[Dont_Tread_On_Me_888]

My main arguement is this huckster said that the stock market has done poorly over the last 3-4 years. Large caps have not done well, but many other indexes, e.g., mid and small and foreign, have done very well. Hell, Latin America went stratospheric.

I stop reading all articles the second I run across falsehoods or lies.

[Toddsterpatriot]

Is that a photo of Bob Prechter?

Bob was great!! Especially his buy call on Saturday October 17, 1987. LOL!!

[texaslil]

"...sustain your family for at least three weeks..."

Would you believe ten years? I'm reminded of a story my mother-in-law told some years ago. She said fabric for sewing was four cents a yard. Since we both sewed for our families, I exclaimed, "Wow, I guess your really stocked up on fabric." She replied, "Honey, during the Depression, no one had four cents?"

[dennisw]

All the leaves are brown
And the sky is grey
I've been for a walk
On a winter's day
I'd be safe and warm
If I was in L.A.

California dreaming
On such a winter's day

Stopped into a church
I passed along the way
Well, I got down on my knees
And I pretend to pray
You know the preacher likes the cold
He knows I'm gonna stay

California dreaming
On such a winter's day

All the leaves are brown
And the sky is grey
I've been for a walk
On a winter's day
If I didn't tell her
I could leave today

California dreaming
On such a winter's day

[G.Mason]

"That's not very nice. :-)"

When the proverbial SHTF, and there is no food in the food stores, etc. etc., no one is going to be "very nice". ;)

[KarlInOhio]

Thank you for posting that. I've been looking for that picture for a while.

[dennisw]

Correctamundo!

[Eagles Talon IV]

Thank you. As soon as I saw this I stopped reading.

[Cold Heat]

LOL!

This is a load from the gold traders who are trying to get it up to 1000 dollars per ounce.

The silver traders are loaded with stuff they need to unload and need suckers to share it with.

Their prophetic gloom and doom worries have been in effect since the seventies and they have never, ever predicted anything correctly and are less accurate then a broken clock.

Recent up-ticks are more related to mining concerns. But they want volatility so they can return to the bliss they felt with the Carter recession. The up-tick in inflation has renewed their faith in the end time predictions, yet these numbers are entirely related to oil and gas, not a economic slide.

So mining and oil are going to cause the total disruption of the global economy?

I think not.

The only people who are hopeful that these prophecies come true are the anarchists. They claim their gold will be the only true currency and they dream of their day of redemption. Salivating at the very thought of a world wide super recession. it's better than sex to them.

Har, Har Har!:-) This is only found in dime store novels, not the real world. These folks will be caressing and kissing their gold collections, cowering in the shadows until the end of time when even gold won't be worth it's weight in pinto beans.

[Snardius]

Is that a photo of Bob Prechter?

LOL!!

I remember the day when we would all huddle around the phone of the one broker in the office who subscribed to his service to hear what the Elliot-Wave theorist had to say that week. But then Elaine Garzarelli captured our attention and Prechter was yesterday's news.

[vrwc0915]

The longer the better! Everyone has different requirements. How much diesel you have stockpiled, if you have 10 years worth you are quite impressive! :)