The following information is quoted from Market Watch by Paul B. Farrell May 25, 2010, 12:01 a.m. EDT :
"Quote"
Warning: Crash dead ahead. Sell. Get liquid. Now.
Commentary: 'Game's in the refrigerator.' Power's turning off. Dow sinking below 6,470
Main Street lost 20% last decade ... yet like sheep keep going back
..... Wall Street lost over 20% of Main Street's 401(k) retirement money between 2000 and 2010. Yes, Wall Street's a big loser the past decade. Their advice is self-serving. Period....
Correction? New crash imminent, worse than 2008
.... Money manager Jeremy Grantham recently said the market's overvalued 40%. That could mean a collapse to 6,600. Last week in Reuters' "Markets Could Be Derailed Again," George Soros echoed a "game over" warning with a "stark warning ... that the financial world is on the wrong track and that we may be hurtling towards an even bigger boom and bust than in the credit crisis."
Now Dow Theory's Richard Russell is warning the public of an imminent crash: "Sell ... get liquid ... by the end of this year they won't recognize the country." ....
'White Swans:' 2000 and 2008 crashes were predictable, next one too
..... "This Time Is Different: Eight Centuries of Financial Folly," economists Carmen Reinhart and Kenneth Rogoff pinpoint the key signal that will blow the whistle and call the game: The "90% ratio of government debt to GDP is a tipping point in economic growth." For 800 years "you increase it over and beyond a high threshold, and boom!"....
Warning: 800 years of history are calling 'game over'
..... All the TARP bailouts, stimulus debt and Fed loans won't work. Neither will a new conservative government....
..... No, "this time" it's never different. Get it? In the end, it doesn't matter what happens to the Dodd-Obama financial reforms. The end game's never a Black Swan, it's a very White Swan well known to historians -- guaranteed, inevitable and inescapable. This time is never different....
"Unquote"
"Hey, it sounds like "Game Over" for the Stock Markets??? "
Click on the following link to read more, think, digest, and you decide for yourself....
http://crash-is-dead-ahead-sell-get-liquid-now-2010-05-25
.
.
