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investoman007 (October 7, 2008 at 4:45 am)
Why isn't this video receiving more views? This video was posted back in November 2007 and how true David's report is! Hello, here we are! Amen and amen, yes, you couldn't have been more right! YTD, we are down over 25%!
transamman02 (October 7, 2008 at 3:10 am)
absolute genius..this guy predicted every single thing that as happened over the past months/quarters with nearly perfect accuracy and timing. One of the smartest guys around.
purecash1 (October 6, 2008 at 5:21 am)
America is going to hell!!!!!! I am just going to leave the country! I have the money to do it too! Hey you can have the money to do it. just check out my channel. I think this is to late to fix.....After November I think america is going to just well.... i dont wanna be here to find out. Who ever gets into office....it will SUCK!!
bubba5000 (October 6, 2008 at 2:54 am)
I've been shorting this market like Tice, it's a great idea, assuming people do what they do best - PANIC!
tomintroy (October 5, 2008 at 5:55 pm)
In feb 1995 I spoke to an investors group concerned about the high level of the Dow (3800 at the time). I told them "We have the potential to hit 12,000 bases on the hystaria bubble of 1929". "Those 1929 investors were smarter than us buy they got fooled". They all looked at me like I was nuts. Actual high in 1999 11,700 :)
tomintroy (October 5, 2008 at 5:49 pm)
What's funny is how many clueless investors were saying "I'm a long term buy and hold investor" back in 1998-99. Mid Dec on 1999 I told anybody that would listen, "I guarantee this is a mass historical bubble". Not even my closest friends and family sold 1 share, even though I've been in the markets since 1974 as a teen. They all thought they were market geniuses LOL.
tomintroy (October 5, 2008 at 5:45 pm)
You need to look at the Nasdaq's peak of 5000 to make the same parallel. Look for the DOW to make the 3500 level, but not in a straight drop. Should be a strong rally (50%) from the 7000 mark.
crazypokermike (October 5, 2008 at 4:36 pm)
If things are going to be as bad as the great depression, as the media loves to point out to create fear, the dow will have to fall to 1500 to have the same percentage drop from it's peak as it did from 1929 to 1931...I don't think it will be that bad, but I wouldn't write it off. But the way it seems, the media tried to get everyone begging to pass the communist bailout bill, and failed, and then our "representatives" passed the thing anyways, proving to everyone how corrupt the system is.
ngonea (October 4, 2008 at 3:38 am)
Oh please don't forget about the RUM bailout.Anybody for beans and rice all month,forever?
automaticAEV (October 4, 2008 at 2:00 am)
DONT BUY |
