Quote:
Originally Posted by Labratinaz
My husband says that his Money Magazine told him that 80% of this downturn is made up in the first year. He is a bit skeptical about the Elliot Wave theory in that it is great historically but during the ride, you really don't know where you are on the curve.
I don't know enough. Does anyone really think it will get THAT bad?
Peace and prosperity
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When the Dow Gold ratio hits 1 perhaps then it will be safe to think about owning paper assets. Money magazine is full of it! In a huge bear market like we have people that have stayed in might need 20 years to get even in real terms! Just think about Japan, wasn't the NIKKEI 39,000 in 1989? What is it now? 8,200?!! Please people stop listening to Wall Streeet or the folks that have gotten this situation wrong month after month after month for stocks and the economy for the last 1 1/2 years! Find yourself a good Austrian economist who have been warning of where we find ourselves today for the past 5 years!
