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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (189721)	3/9/2009 11:14:55 PM
From: LLCF	Read Replies (3) \| Respond to of 306849

THANKS... Although I"ve added to my goldshare holdings, I'm not jumping at anything. Scary freakin market... especially when you think that all the stuff we've talked about in the past point to much worse things on main street... ie. 20% unemployment and mass bankruptcies of service industry. DAK

To: stockman_scott who wrote (189721)	4/8/2009 2:16:16 PM
From: Perspective	Read Replies (1) \| Respond to of 306849

Richard Russell quoted today: finance.yahoo.com^DJI,^DJT,GDX,GLD,TBT,TLT?sec=topStories&pos=9&asset=TBD&ccode=TBD Russell pulled no punches when he was (inevitably) asked for his views on the market: "This bear market will be deeper and longer than most people think," said the legendary market watcher. "People got optimistic too quick" about the recent rally, which he says is doomed to fail. "None of the characteristics of a major bottom" are evident, most notably dirt cheap valuations. Russell's recommendation: "Stay on the sidelines," in cash or gold, the multi-year rally in which won't end until there's a "speculative explosion" in the metal, he says. `BC