Late 2007-Early 2008 (Beginning of recession) VS. NOW?! (Chart Attached)

Everyone, you have 5 months to make some bull profits in individual stocks (not on the index ETF's of course) before the stock market completely falls apart. This is your final warning. The sh1t will hit the fan hard in early 2012.
 
Quote from pattern39:

Everyone, you have 5 months to make some bull profits in individual stocks (not on the index ETF's of course) before the stock market completely falls apart. This is your final warning. The sh1t will hit the fan hard in early 2012.
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Wrong.

October 2011 is when the shit hits the fan. (The market always crashes in October)
 
Quote from bond_trad3r:

Wrong.

October 2011 is when the shit hits the fan. (The market always crashes in October)
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Wrong. The shit will hit the fan in early 2012 --- all the way to Election day. Guess who saved the stock market's 4ss last time? You guessed it ---- Obama. Guess who's gonna get re-elected to save the stock market's rear end again?
 
Update, revised target:

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Attachments

Quote from julian0625:

RUHROH?

<a href="http://content.screencast.com/users/UATrading/folders/Charts/media/c76fa402-6bfd-4784-83d8-7127f8cab79d/August%202011%20Vs%20January%202008.png"><img class="embeddedObject" src="http://content.screencast.com/users/UATrading/folders/Charts/media/c76fa402-6bfd-4784-83d8-7127f8cab79d/August%202011%20Vs%20January%202008.png" width="1510" height="1355" border="0" /></a>

:D
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Nice call, looks right on target.
 
Looks bad, really bad, but im betting this downturn is going to be reversed. This was caused by the incompetence of the government and once things settle and fear subsides the markets will surge. That is unless the government messes up something once again or we loose our AAA rating. If we loose the AAA rating im packing my bags and heading for Canada. Things were much worse in 87 and 08, in this case the charts are similar but the fundamentals are not.
 
I love watching how different people deal with different conditions when it comes to the market, its a dead cert- DEPRESSION, WORSE THAN EVER BEFORE.

Some people spend so much time in anticipation of the sky falling it would be more productive if they got into a plane and threw them selves out of it.
 
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