Sucker's Rally About To Pop?
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The world's stock markets have been on an upsurge the past 6+ months. My feeling is that this sucker's rally will suffer a major crash in the next 4 to 6 weeks. This is mostly based on the underlying economic fundamentals, which do not support a rally of the magnitude we are seeing. If you have money in the market, you may wish to remove it and invest or stash it elsewhere. And no, gold is probably not a good buy either.
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The world's stock markets have been on an upsurge the past 6+ months. My feeling is that this sucker's rally will suffer a major crash in the next 4 to 6 weeks. This is mostly based on the underlying economic fundamentals, which do not support a rally of the magnitude we are seeing. If you have money in the market, you may wish to remove it and invest or stash it elsewhere. And no, gold is probably not a good buy either.
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There are a lot of folks that wish they had listened to Ed the last time he issued such a warning.
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There are a lot of folks that wish they had listened to Ed the last time he issued such a warning.
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The world's stock markets have been on an upsurge the past 6+ months. My feeling is that this sucker's rally will suffer a major crash in the next 4 to 6 weeks. This is mostly based on the underlying economic fundamentals, which do not support a rally of the magnitude we are seeing. If you have money in the market, you may wish to remove it and invest or stash it elsewhere. And no, gold is probably not a good buy either.
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"October is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August, and February." - Mark Twain
I wish I was as fortunate as fortunate as me
:)