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


To: Smiling Bob who wrote (258914)7/7/2010 12:52:48 AM
From: patron_anejo_por_favorRead Replies (5) | Respond to of 306849
 
>>How many people in the general population own physical PMs along with their stock 401k? I'd be surprised if it was over 1%
<<

Probably the fewest in any time in America's history thanks to the "We buy Gold!" and "Gold Party" craze of the last few years.

When they start putting gold bullion vending machines in shopping malls in the U.S. the top will be in sight



To: Smiling Bob who wrote (258914)7/7/2010 9:15:45 AM
From: DebtBombRead Replies (1) | Respond to of 306849
 
Prechter Says DOW Will Fall To 1,000

See Also:
Prechter: It's The End Of The WorldPrechter: We're At A "Grand Supercycle Top", Nowhere Will Be Safe In The Coming DownturnPrechter: This Is It, The New Bear Market Has Begun

Anyone want to top this prediction for bearishness?

Going once, going twice...

Eddy Elfenbein at Crossing Wall Street:

The New York Times recently profiled Robert Prechter and his call for the Dow to fall to 1,000.

If you're not familiar with Mr. Prechter, he's a follower of an obscure accountant named RN Elliott who claimed to have discovered that the stock market follows a predictable pattern which is somehow (don't ask me) related to the Fibonacci Sequence...

Read more: businessinsider.com