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PREPARE For 90% Correction?!

 
Goob

User ID: 24183289
United States
01/22/2013 06:43 AM
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Re: PREPARE For 90% Correction?!
One thing I have learned where the stock market is concerned, if the professionals are telling you to do one thing, you should do the opposite.
 Quoting: Anonymous Coward 1259549


clappa

People told me NOT to buy gold and silver 8 years ago.

I laugh at their faces now.
 Quoting: Anonymous Coward 1266452


clappa
 Quoting: Anonymous Coward 32731741


clappa
2012Portal
2012Portal - The Mayan Calendar

User ID: 15022013
Netherlands
01/22/2013 07:20 AM

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Re: PREPARE For 90% Correction?!
Sell for cash, not credit:

[link to www.youtube.com (secure)]

 Quoting: 2012Portal


I respect your posts a lot, but I disagree.

In this Age, credit is King and ALL people can form their OWN companies in their BUSINESS credit name.

People will obviously never realize, but this video is way wrong in todays world.

No matter what you believe, we are going into a cashless, credit based society.
 Quoting: Children of the Atom


this is the 11th marble issue....living on credit....this is an endless cycle of ever increasing debt....
simply said get a loan for 10 marbles put them in your bucket.
the the loaner wants 11 back.
so were does the 11th one come from?
 Quoting: psyoptics


Someone is always coming up short. That is not a very humane system actually, now is it?
Mayan Calendar and 2012-
From the love of power to the power of Love -
[link to 2012portal.myfeedportal.com]
Anonymous Coward
User ID: 23843862
United Kingdom
01/22/2013 08:48 AM
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Re: PREPARE For 90% Correction?!
Sell for cash, not credit:

[link to www.youtube.com (secure)]

 Quoting: 2012Portal


I respect your posts a lot, but I disagree.

In this Age, credit is King and ALL people can form their OWN companies in their BUSINESS credit name.

People will obviously never realize, but this video is way wrong in todays world.

No matter what you believe, we are going into a cashless, credit based society.
 Quoting: Children of the Atom


this is the 11th marble issue....living on credit....this is an endless cycle of ever increasing debt....
simply said get a loan for 10 marbles put them in your bucket.
the the loaner wants 11 back.
so were does the 11th one come from?
 Quoting: psyoptics


Someone is always coming up short. That is not a very humane system actually, now is it?
 Quoting: 2012Portal


a heirarchal system humane....? -everything unnatural(feels shit) is entropic
Anonymous Coward
User ID: 23843862
United Kingdom
01/22/2013 08:50 AM
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Re: PREPARE For 90% Correction?!
welccome to the collapse era.hiding
abeliever (OP)

User ID: 17868616
United States
01/22/2013 09:03 AM

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Re: PREPARE For 90% Correction?!
I don't even know where to begin with this thread.

You guys think you have it figured out, and the millions still in the stock market don't? It's hilarious.
 Quoting: Anonymous Coward 9266723




Not saying figured it out... Remember 2008/9? This could be the same or worse.
abeliever (OP)

User ID: 17868616
United States
01/22/2013 09:53 AM

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Re: PREPARE For 90% Correction?!
Found this.... scary....

Stockmarket Will Be Blindsided...

No early warning signal when new bank meltdown hits
Gundlach’s now predicting an “ominous third phase,” a bigger crash, one whose impact will far exceed the damage of 2008: “Deeply indebted countries and companies” won’t default till after 2013.” Meanwhile, Washington and the Fed will keep kicking the can down the fiscal road. “Central banks may forestall these defaults by pumping even more money into the economy,” but “at the risk of higher inflation in coming years.”

He admits he doesn’t really know exactly when this final phase will trigger, but warns you’re not “going to get some sort of an early warning” signal. He has “no faith” that any fiscal-cliff deal will resolve the deficit.



[link to articles.marketwatch.com]
 Quoting: abeliever



bump
Anonymous Coward
User ID: 14443159
United States
01/22/2013 11:20 AM
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Re: PREPARE For 90% Correction?!
No need to panic yet but be ready for it.
We are very lucky that we didn't go through what the OP said... the 90% correction. Not yet!
Actually that correction was supposed to happen in two parts over a period of a few years but it didn't happen thanks to whom?
Thanks to the vigilant eye of Obama.
Yes, he virtually destroyed the plot to choke the American economy starting with a huge correction of 38% at Christmas 2012.
That's probably the best thing he ever did.
 Quoting: PhilippinoBob


are you saying Obarry single-handedly stopped a huge 38% correction plot? So now the huger 90% plot will come at once at certain point? I don't know which one is better now

gasp
Anonymous Coward
User ID: 28458460
United States
01/22/2013 11:27 AM
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Re: PREPARE For 90% Correction?!
I don't even know where to begin with this thread.

You guys think you have it figured out, and the millions still in the stock market don't? It's hilarious.
 Quoting: Anonymous Coward 9266723


I agree w/ you.
abeliever (OP)

User ID: 17868616
United States
01/22/2013 11:34 AM

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Re: PREPARE For 90% Correction?!
In my opinion, the most significant indicator of where we stand today is the fact that the market is above both its 140 year historical trend line and the trend line for the secular bear that began in 2000. These are the marco-forces that will gravitationally pull the market back into equilibrium at some point in the near future, likely beginning in late 2012 to 2013. Add to that any number of catalytic world events which could exacerbate such a correction. QE has been a countervailing force to recent market slides but, realistically, Fed Chair Bernanke can only feed the market so many cans of QE Red Bull before it eventually crashes.


[link to www.advisorperspectives.com]



Check out the chart in this article:


S&P 500 and Fed Reserve Intervention


[link to advisorperspectives.com]
 Quoting: abeliever


Only so many cans of QE Red Bull before it eventually crashes...
abeliever (OP)

User ID: 17868616
United States
01/22/2013 11:36 AM

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Re: PREPARE For 90% Correction?!
I don't even know where to begin with this thread.

You guys think you have it figured out, and the millions still in the stock market don't? It's hilarious.
 Quoting: Anonymous Coward 9266723


I agree w/ you.
 Quoting: Anonymous Coward 28458460


Remember the housing market crash?

Don't forget it, a Bandaid was placed on it. QE Red Bull. Read the article. Something to ponder...
abeliever (OP)

User ID: 17868616
United States
01/22/2013 11:39 AM

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Re: PREPARE For 90% Correction?!
Look at this chart.

I couldn't shrink it to fit in smilie format for GLP.


[link to advisorperspectives.com]

Last Edited by abeliever on 01/22/2013 11:40 AM
Anonymous Coward
User ID: 14443159
United States
01/22/2013 11:43 AM
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Re: PREPARE For 90% Correction?!
he has lost already he just does not even know it yet.
game was over last year.

the outcome is just playing out now.
i work in the AV field...ya know the fly on the wall of all those private meeting making and running their PowerPoint presentations.
i work on investor meetings for UBS....2 years ago they would be holding 5 day meetings in 5 rooms of 200 people with standing room only.
last year it went to 3 days in 5 small rooms of 50 people and most of the seats were empty.

most of the inter company meetings talk about life after the fall. and they were talking about it being this spring.

nothing left to do but watch this play out.

even their new trillion dollar Obama coin can stop this.
 Quoting: psyoptics


I remember early last year reading a similar post stating in the year before (2011) was all over, 2012 was supposed to be the last breath. Did the meltdown get a grace period?
5a
Anonymous Coward
User ID: 31968081
United States
01/22/2013 11:45 AM
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Re: PREPARE For 90% Correction?!
The problem with this is that "Everyone" underestimates the power of the printing press and the gobermants that enforce the printed currencies use for commerce, by force.
Anonymous Coward
User ID: 26372742
Canada
01/22/2013 12:03 PM
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Re: PREPARE For 90% Correction?!
When is the correction coming? That is the question.
Do y'all think it will be in Sept/Oct again?
That is when most of the crashes have happened, right?
It is the sign of balance, Libra, Sept/Oct.
Anonymous Coward
User ID: 14443159
United States
01/22/2013 12:15 PM
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Re: PREPARE For 90% Correction?!
The problem with this is that "Everyone" underestimates the power of the printing press and the gobermants that enforce the printed currencies use for commerce, by force.
 Quoting: Anonymous Coward 31968081


Yea that's my question too... as long as paper money keep flying off the press, and number in the fed account keep growing out of thin air, then the fed and government keep buying their own debt, it's plain silly but i see no instant death here.

maybe a few banks will try to hold the market hostage, but overall as long as there's more fake money being pumped into the market, it will just be a slow depreciation over a long period instead of a collapse

After WWII each bank staff's salary is about 200 Yen in Japan, right now 200 Yen won't even get you a decent meal. but it didn't happen like Weimar Republic or Zimbabwe

moshpit
abeliever (OP)

User ID: 17868616
United States
01/22/2013 07:13 PM

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Re: PREPARE For 90% Correction?!
When is the correction coming? That is the question.
Do y'all think it will be in Sept/Oct again?
That is when most of the crashes have happened, right?
It is the sign of balance, Libra, Sept/Oct.
 Quoting: new & improved


That's interesting! HA!
Anonymous Coward
User ID: 32447952
United Kingdom
01/22/2013 07:18 PM
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Re: PREPARE For 90% Correction?!
Thread: indu going to take a nose dive next week


called this last week

was obvious by the price action on friday

im holding shorts looking for a nice 500 point move
Anonymous Coward
User ID: 32447952
United Kingdom
01/22/2013 07:39 PM
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Re: PREPARE For 90% Correction?!
btw not saying its gonna go 90%

what ever that guy is on I want some.

But look for a nice down move

It will be short lived, and only a correction, so would look to buy any dip

thats for another day
dexter livingstone
User ID: 683147
United States
01/23/2013 11:39 AM
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Re: PREPARE For 90% Correction?!
most of the money printed by the feds end up in southeast asia where bankers are using to invest there very heavily... powerful people in cambodia for example are purchasing cars which cost in 50 to 100 000 dollars with cash same goes toward housing ( average price from 70 000 to 500 000 $ ) ...farmers who never knew what dollars looklike a decade ago are now having thousands to buy things ( inflation as the final result)...it will be a while before these monies will make their ways back to the states.
 Quoting: Anonymous Coward 12064276





I think there is a key here, bankers bank on stability and growth.

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