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Strategies & Market Trends
How to prepare for Great Depression?
An SI Board Since May 2001
Posts SubjectMarks Bans Symbol
16 0 0 DIA
Emcee:  Jon Khymn Type:  Moderated
Let's not argue whether we will have a depression.
Let's just assume that we WILL have one.
I believe we are going to have a Global depression.

Not only surviving through depression, but how we should prepare NOW to maximize profit during the depression.

The real big fortunes are not made during the bull market but during the depression.

Any wise & old SIers here lived through the Great depression of '29?
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16>>But you better get the timing right. << That is IF you believe HIJon Khymn-5/25/2001
15>> I would BORROW huge amount at long term FIXED rate and buy Uncle Frank-5/25/2001
14I see, that guy is talking about not just the "economic depression" buJon Khymn-5/25/2001
13<i>After few years, pretty much everything will be dirt cheap... from stocDOUG H-5/25/2001
12>>did he write a book about depression or World War III? I Uncle Frank-5/25/2001
11<i>What is TA? Taste Analysis?</i> No, it means Twisted Analysis. DOUG H-5/25/2001
10>>I'm not going to live my life in fear of impending doom<< WhyJon Khymn-5/25/2001
9>> I think we will see real ugly economy next year and for next few more yUncle Frank-5/25/2001
8Hi uncle Franky, my gorilla man ! I still have a few gorillas in my retirement Jon Khymn-5/25/2001
7>> how we should prepare NOW to maximize profit during the deUncle Frank-5/24/2001
6>>Can you do TA on the mustard market?<< What is TA? Taste AnalysJon Khymn-5/24/2001
5On the baloney thing, I like mustard with mine. But, will folks be able to afforDOUG H-5/24/2001
4Hmm, actually I did that. Invested Beanie babies, bought 3 dozen. And Baloney, Jon Khymn-5/24/2001
3Invest in Beany Weenie and Baloney.DOUG H-5/24/2001
2I just remembered one more, Not sure if it is true but during a recession or deJon Khymn-5/24/2001
1As simple minded person, this is all I can think of... Do: Hold some cash. ShoJon Khymn-5/24/2001
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