David Tice predicts 50% US stock drop

The worst part is even though he is wrong he is still making a ton of money from saps buying into his fund. Not like he has to be held accountable.
 
Quote from makloda:

01:27 Equities "can decline 50 or 60 percent."

He's wrong. They can decline 100%. What a freak this Tice guy.
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Individual issues can, of course. But The Powers couldn't stand such a decline in "the market", so they (1) will try to prevent it, and (2) probably will be successful next time.

However, at some point the Fed will have spent all of it's cache trying to support the markets. When that happens and their biggest efforts to prop up the market are met with rejection and accelerated selling, it will be time to bend over and kiss your ass good bye.
 
Quote from gnome:

However, at some point the Fed will have spent all of it's cache trying to support the markets. When that happens and their biggest efforts to prop up the market are met with rejection and accelerated selling, it will be time to bend over and kiss your ass good bye.
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Wow. Suddenly this could make fall of 1998 and March of 2000 look like childs play.
Strange, but put options still might be cheap here.
I had a few I bot at 7 in fall of 1998 that went to 35 when I sold them. Unfortunately, that was a week too early. They went to 120 at the bottom of that debacle.
 
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