Planosteve has more 'splainin to do!

[GFB]

Ken Moriff's latest advisory agrees with me. The stock market is being held up by the FED's holding down interest rates. But, that can't last forever. The Stock Market is now totally disconnected with Main Street. He sees 19,500 on the Dow and a crash by the end of the year.

..then what?

Some crashes have lasted one day.

I doubt a drop that lasted 1 day was a crash. The flaw in Moriff's "exit strategy" is you have to exit before the crash. And he's not going to tell you until after it's almost over. And a lot of people would chicken out if he did.

The Flash Crash of 2010 lasted one day.

The terrible Black Monday crash of 1987 was over and the market had recovered AND some in just a few weeks.

Predicting a "crash" is meaningless.

[GFB]

Ken Moriff's latest advisory agrees with me. The stock market is being held up by the FED's holding down interest rates. But, that can't last forever. The Stock Market is now totally disconnected with Main Street. He sees 19,500 on the Dow and a crash by the end of the year.

..then what?

Some crashes have lasted one day.

I doubt a drop that lasted 1 day was a crash. The flaw in Moriff's "exit strategy" is you have to exit before the crash. And he's not going to tell you until after it's almost over. And a lot of people would chicken out if he did.

You'd never want to try to exit before a "crash."..(as if that was even possible)..a long term investor would be at much more risk of missing the recovery then of being part of a crash.

[planosteve]

Most "Long term investors" are speculators playing the market with money they really can't afford to loose.

[GFB]

Most "Long term investors" are speculators playing the market with money they really can't afford to loose.

The people that ruined their future retirement by nuking their life savings..got out of the market in 2008 or 2009.

The recovery since then dwarfed the "crash."

If you stayed in..you're stylin.'

[planosteve]

And if your still in with money you can't afford to loose, you could be in deep do do.

[GFB]

And if your still in with money you can't afford to loose, you could be in deep do do.

The big crash you're predicting..if it happens..will work like 2008/2009.

...if you panic out..you're sunk.

[planosteve]

And if your still in with money you can't afford to loose, you could be in deep do do.

The big crash you're predicting..if it happens..will work like 2008/2009.

...if you panic out..you're sunk.

The FED ended the last one by massive intervention to goose the economy for the new Obama administration. That won't work the next time. The FED is out of bullets.

[GFB]

And if your still in with money you can't afford to loose, you could be in deep do do.

The big crash you're predicting..if it happens..will work like 2008/2009.

...if you panic out..you're sunk.

The FED ended the last one by massive intervention to goose the economy for the new Obama administration.

Really?

Wow! I guess you should have been on the side of the Fed.

[GFB]

By the way..the "crash" of 2009 ended for the same reason they all end..all the sellers.. had sold!

Then the buyers come in..end of "crash."