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  • November 21, 2008 at 7:18 AM #14495
    La Jolla Renter
    Participant

    Gold to hit 2000 next year plus a few more predictions.

    http://www.cnbc.com/id/15840232?video=935047784&play=1

    Remember when this guy was considered a whack job?

    November 21, 2008 at 7:27 AM #307982
    LA_Renter
    Participant

    Here is Louise Yamada from that same episode.

    http://www.cnbc.com/id/27829390

    I watched Louise early in the year on CNBC and she made a convincing case for a major worldwide market downturn from a technical perspective and was dead on. In all honesty I hope she is wrong here. Basically she is saying next support levels are S&P 600 if that doesn’t hold we could see 400. Everything….EVERYTHING….is falling right now.

    November 21, 2008 at 7:27 AM #308453
    LA_Renter
    Participant

    Here is Louise Yamada from that same episode.

    http://www.cnbc.com/id/27829390

    I watched Louise early in the year on CNBC and she made a convincing case for a major worldwide market downturn from a technical perspective and was dead on. In all honesty I hope she is wrong here. Basically she is saying next support levels are S&P 600 if that doesn’t hold we could see 400. Everything….EVERYTHING….is falling right now.

    November 21, 2008 at 7:27 AM #308391
    LA_Renter
    Participant

    Here is Louise Yamada from that same episode.

    http://www.cnbc.com/id/27829390

    I watched Louise early in the year on CNBC and she made a convincing case for a major worldwide market downturn from a technical perspective and was dead on. In all honesty I hope she is wrong here. Basically she is saying next support levels are S&P 600 if that doesn’t hold we could see 400. Everything….EVERYTHING….is falling right now.

    November 21, 2008 at 7:27 AM #308369
    LA_Renter
    Participant

    Here is Louise Yamada from that same episode.

    http://www.cnbc.com/id/27829390

    I watched Louise early in the year on CNBC and she made a convincing case for a major worldwide market downturn from a technical perspective and was dead on. In all honesty I hope she is wrong here. Basically she is saying next support levels are S&P 600 if that doesn’t hold we could see 400. Everything….EVERYTHING….is falling right now.

    November 21, 2008 at 7:27 AM #308355
    LA_Renter
    Participant

    Here is Louise Yamada from that same episode.

    http://www.cnbc.com/id/27829390

    I watched Louise early in the year on CNBC and she made a convincing case for a major worldwide market downturn from a technical perspective and was dead on. In all honesty I hope she is wrong here. Basically she is saying next support levels are S&P 600 if that doesn’t hold we could see 400. Everything….EVERYTHING….is falling right now.

    November 22, 2008 at 5:32 PM #308404
    peterb
    Participant

    Where’s Schiff’s fund at right now? I heard it’s down 50%. And he got “decoupling” completely wrong. He was right about the market top, but he was not the only one saying it. Just the only one on BubbleVision. For that he deserves credit, but that’s about it.

    November 22, 2008 at 5:32 PM #308425
    peterb
    Participant

    Where’s Schiff’s fund at right now? I heard it’s down 50%. And he got “decoupling” completely wrong. He was right about the market top, but he was not the only one saying it. Just the only one on BubbleVision. For that he deserves credit, but that’s about it.

    November 22, 2008 at 5:32 PM #308487
    peterb
    Participant

    Where’s Schiff’s fund at right now? I heard it’s down 50%. And he got “decoupling” completely wrong. He was right about the market top, but he was not the only one saying it. Just the only one on BubbleVision. For that he deserves credit, but that’s about it.

    November 22, 2008 at 5:32 PM #308390
    peterb
    Participant

    Where’s Schiff’s fund at right now? I heard it’s down 50%. And he got “decoupling” completely wrong. He was right about the market top, but he was not the only one saying it. Just the only one on BubbleVision. For that he deserves credit, but that’s about it.

    November 22, 2008 at 5:32 PM #308017
    peterb
    Participant

    Where’s Schiff’s fund at right now? I heard it’s down 50%. And he got “decoupling” completely wrong. He was right about the market top, but he was not the only one saying it. Just the only one on BubbleVision. For that he deserves credit, but that’s about it.

    November 22, 2008 at 7:10 PM #308400
    Eugene
    Participant

    [quote=LA_Renter]
    I watched Louise early in the year on CNBC and she made a convincing case for a major worldwide market downturn from a technical perspective and was dead on. In all honesty I hope she is wrong here. Basically she is saying next support levels are S&P 600 if that doesn’t hold we could see 400. Everything….EVERYTHING….is falling right now. [/quote]

    S&P 600 and especially 400 is unlikely. Most blue chips are already trading at single-digit P/E.

    November 22, 2008 at 7:10 PM #308414
    Eugene
    Participant

    [quote=LA_Renter]
    I watched Louise early in the year on CNBC and she made a convincing case for a major worldwide market downturn from a technical perspective and was dead on. In all honesty I hope she is wrong here. Basically she is saying next support levels are S&P 600 if that doesn’t hold we could see 400. Everything….EVERYTHING….is falling right now. [/quote]

    S&P 600 and especially 400 is unlikely. Most blue chips are already trading at single-digit P/E.

    November 22, 2008 at 7:10 PM #308027
    Eugene
    Participant

    [quote=LA_Renter]
    I watched Louise early in the year on CNBC and she made a convincing case for a major worldwide market downturn from a technical perspective and was dead on. In all honesty I hope she is wrong here. Basically she is saying next support levels are S&P 600 if that doesn’t hold we could see 400. Everything….EVERYTHING….is falling right now. [/quote]

    S&P 600 and especially 400 is unlikely. Most blue chips are already trading at single-digit P/E.

    November 22, 2008 at 7:10 PM #308497
    Eugene
    Participant

    [quote=LA_Renter]
    I watched Louise early in the year on CNBC and she made a convincing case for a major worldwide market downturn from a technical perspective and was dead on. In all honesty I hope she is wrong here. Basically she is saying next support levels are S&P 600 if that doesn’t hold we could see 400. Everything….EVERYTHING….is falling right now. [/quote]

    S&P 600 and especially 400 is unlikely. Most blue chips are already trading at single-digit P/E.

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