Posted on October 3rd, 2011 :
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Today will be the Beginning of one of the massive bubble corrections in..............
- Thread starter hayman
- Start date
that's kind of unfair it went down 50 or 60 s&p points and it was higher than today's closing price when he called it. this market might run awhile i know that but its not going to workout in the end. you have to have sales growth and you have to have people making good money. you can't have sales growth when you grow your earnings by having more and more lower wage earners. this idea that sales growth is just around the corner only works if aliens come to earth with gold to buy products and take them back to their own planet.
Quote from StarDust9182:
Hayman, your call is looking pretty good so far. Well done, medium rare!
Quote from hayman:
....both the equity and bond markets. Remember where you heard it. Not looking for any back slaps or atta boys, just stating my prediction.
2 things triggering this bold prediction: 1) the wishy-washy, indecisive testimony of Bubble Ben and more importantly, 2) the kid in the deli who served me my sandwich telling his co-workers how he just opened a Scottrade account and was daytrading in his free time. That latter item, is the ultimate indicator.
âFirst they ignore you, then they laugh at you, then they fight you, then you win.â - Mahatma Ghandi
I think the BTFD scoffers got F...d.
Good call - you are the deli Lama - his market holiness.