My call for the STOCK MARKET (Scary)

[Briguy]

Many of you remember my post in 2/08 about the market insanity. That was when the dow was at 12,500 and I predicted much more bad to come.

THE MARKET MADE A FATAL TOP IN APRIL. THIS IS CALLED A HEAD AND SHOULDERS PATTERN. THE CHART IS NOW POINTING TO DOW 6547. (within 1 year or less) IF IT BREAKS THAT WE COULD SEE DOW 3300.

As I recommended in 2/08, sit down with your financial advisor. Talk about risk. Talk about removing beta from your portfolio. If you have good profits on individual equities perhaps put in stop loss orders. Cash is the safest place.

By the way, the above prediction is based not on fundamentals but technical patterns. Many of the numbers I follow were created in the 50's and 60's and are no longer followed by really any one on Wall St.

Good luck.

[Fr. Frank]

Thanks, Brian.

[pelican]

thank you,i appriciate the "heads up"
market's kinda scary right now...

[oldfielder]

stuff the mattress!!

[2182]

i have a good friend who literally called his financial advisor, told him to liquify everything, and is mattress stuffing. good thing he has a bunch of guns! these are scary times though. thanks for the prediction, however disturbing.

[Fr. Frank]

We decided to purchase a 1 acre piece of "bottom land" near the Withlacoochee River to plant crops, raise a few chickens and goats, etcetera. We'll also put a barn/shed on the land as soon as we can afford it.

If you don't mind the work, just 1/2 of an acre of bottom land can, without using power tools, grow enough fruit and vegetables to meet the needs of a family of 4 for these items year round, including quadrennially allowing a fourth of that land to lie fallow. Takes about 6-8 hours of work weekly, plus extra work at planting and gathering time. Biggest problems are wild animals (especially deer and hogs) and insects.

[Briguy]

Fr. The hogs and deer should be "taken care of"