Dow Theorist: Sell Everything Liquid, You Won't Recognize America By The End Of The Year

The Business Insider ^ | 5-18-2010 | Joe Weisenthal

[blam]

The One Commodity That's Down Today Is A Big Red Flag For Housing (Lumber)

[RockinRight]

While there might be some truth to this, if people do what he says that will of course MAKE that result come true.

Selloffs are what CAUSE crashes. Well, they’re one cause. Again, not saying it couldn’t happen (I’m scared sh*tless lately) but part of me thinks he *wants* this to happen.

[MrB]

I think most people are waiting on the outcome of November to determine whether to go into full survival mode.

However, you should think about what you’re gonna do if November election day comes and goes and the same folks are still in power, especially if this outcome is due to obvious shenanigans.

Think about what you’d do in that “what if”, and start planning to do it NOW.
Where are you going to buy food stores? Water stores? Alternative energy? Guns & ammo? Gold & silver?
Get these things LINED UP, even if you don’t buy them now.

[mountainlion]

I am still prepared for Y2K.

[SmartInsight]

I wasn’t paying that much attention, so I don’t remember the name, but on CNBC they interviewed someone who predicted Dow 5000 by year end.

Maybe if everyone is predicting doom and gloom, it won’t happen.

[MrB]

Good practice run...

[jpsb]

Where do you sell your money?

This is where I sell my money. :) APMEX

[SmartInsight]

Stocks and bonds are considered liquid assets. That’s what he is referring to.

[MHGinTN]

Amen ... I’ve enjoy the blessings since childhood, but i remember what it was like to not have so many ‘needs’.

[GeronL]

buy property, buy stockpiled foods, lots and lots of ammo for the entitlement zombies.

[GeronL]

Move away from the big cities.

They are filled with looters and entitlement zombies.

[Drango]

Time to buy...stocks are on sale.

[MHGinTN]

Do a freerepublic search for ‘Arm Your Neighbors’ ...

[JOAT]

Money is a liquid asset. Where do you sell your money?

Depends on what you're defining as 'money.'

If you're talking about rectangular green pieces of paper/linen debt instrument, maybe you should consider exchanging this alleged 'money' for a commodity like gold, silver, ammunition, food, or other preparation items.

Even if one only exchanges 10% of his 'money' for assets, at least the result is something tangible in the event of a monetary collapse.

It's just good insurance.

[Republic of Texas]

In the gold market.

[jpsb]

How do you short a stock? I’d like to short the whole damn market.

[Siena Dreaming]

Was he issuing strong BUY recommendations in March 2009 when the market was cheaper than it had been in 20 years?

Good question. Likely not.

If he was, I might listen to him now.

[IYAS9YAS]

You will die surrounded by boxes of ammo.

Spent or unspent? ;-)

[Bon mots]

Stupid?

This is not DU.
There was a time on FR where it was possible to disagree with someone without resorting to ad-hominem attacks like 1st graders or DUmmies.

Come on gents...

[blam]

The New American Consumer Is Terrified Of Debt Even As The Economy Grows