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Re:No Crash In September Or October....

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By: brukevlay
31/10/2009
2:38 pm

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  brukevlay

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Re:No Crash In September Or October.... Reply to this message
Professor,
Nobody has a crystal ball so you should have put in "I hope" when you quoted me.

"I wonder what his excuse will be if the doesn't."
Should have been: I wonder what his excuse will be if HE doesn't.

By: brukevlay
31/10/2009
2:29 pm

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  brukevlay

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Re:No Crash In September Or October.... Reply to this message
I would like to see Fooldardy post everything here he buys from now to the end of November that is not a precious metals stock.
If I am so wrong, he should have no objection to that.
I wonder what his excuse will be if the doesn't.

By: professor.inglis
31/10/2009
2:26 pm

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  professor.inglis

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Re:No Crash In September Or October.... Reply to this message
RE: "when it happens it won't be a one day thing as investors will panic and sell everything including their gold stocks and also some will sell gold stocks to meet margin calls."

Got to agree with Bruce, anything that has profits (green) can be sold Monday to lock in profits and help make better re*d prophets!!

By: brukevlay
31/10/2009
2:18 pm

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  brukevlay

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Re:No Crash In September Or October.... Reply to this message
Guy,
Maybe I didn't "miss the mark" and got it right on the last day. A crash can be a one day occurrence or take much longer. I have said many times (I have to for the morons to get the message. In Foolhardy's case give or take 20 times each side of 100) that I hope when it happens it won't be a one day thing as investors will panic and sell everything including their gold stocks and also some will sell gold stocks to meet margin calls.

"The USD rose even though US Indicies fell?"

That is normal. One up means the other is usually down. This is what that fool Chris was accusing me of believing. i.e. they both move in the same way. However when it becomes obvious to the sheeple later on that the USD has a limited life as the world's reserve currency, I won't be surprised if both go down together. Will have to wait and
see about that. I think it is stuffed as a "Safe Haven" even for the sheeple who are the most sheepish.

"So using brukes warnings about a tanking market then, from Monday on you'll be ramping up your stock orders?"

Of course he will. He doesn't think like you. And fortunately for you, you don't think like him.

By: hdmausguy
31/10/2009
12:02 pm

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  hdmausguy

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Re:No Crash In September Or October.... Reply to this message
While brukes time lines may have only just missed the mark? It seems they have been "at the gate" for quite some time? Obvious manipulation of the currency & gold (P M) markets through the week & previously? Spot gold lost about $20 oz mid week days.The USD rose even though US Indicies fell? This coincides with the US Treasury's $153 billion debt auction. Completion necessary before this months end. Notice on Friday sales complete, gold back up $15-$20oz & DOW up too. More coincidence(I think not)they then "open the gates". CIT/CITI maybe bankrupt? (potentially 4th biggest U S corp.collapse) CAPMARK one of biggest R/E lenders gone & more R/E corporate pain to come. Overnight the DOW dropped about 250 points. AUD down below 90c. From Monday on, the true debt scenario will dominate the market. The biggest one day drops in the Dow(post WW2)have been black Monday 1987 20%> & Sept 2008 778pts. Market jitters may see these levels of decline reached once more. So using brukes warnings about a tanking market then, from Monday on you'll be ramping up your stock orders? Good luck & many of us here,no doubt, look forward to hearing how lucrative your trades were?

By: jasonhardy1000
31/10/2009
10:10 am

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  jasonhardy1000

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No Crash In September Or October.... Reply to this message
What does this mean?

I guess it means another of brukevlay's predictions was vastly incorrect.

I bet some people did the opposite of Bruce and made a fortune going long the market in September & October.

Thanks for being the ultimate contrarian indicator Bwucie!
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