Potential Financial Market Correction

[Laufen]

Just a heads up for any investors, or folks that care about the financial markets. I put quite a lot of faith in Elliot Wave Theory, and a friend at EWI just sent me this link. I know there is a camp of folks that think it's bunk, and if that's you..don't bother reading further. Otherwise, if you like to glean your insight from a variety of sources, this could be useful.

The magnitude of the potential correction will affect us all deeply, so it might be worth keeping up to speed. If you are about to retire, or if you're sitting on cash waiting to snap up cheap stocks, pay attention.

Happy investing.

http://www.marketwatch.com/story/wh...-a-sharp-collapse-in-stocks-2015-06-08?page=1

 

[Mac11FA]

Well, no shit! This happens every 4 years!

 

[Laufen]

Well, no shit! This happens every 4 years!

No it doesn't. We're going on 6 just after the last correction. A quick scan of the article will also reveal the potential depth and breadth of the correction..not something that happens on a four year cycle.

 

[Mac11FA]

I was kidding @Laufen! I did read it and it was very enlightening! Just yankin yer chain!

 

[Shemp]

Good read...i also have a new site to check out everyday.

 

[Abishai]

Wondering also what what happen with Greece and how the markets with react at the bell come Monday?

 

[Hoss]

The EU will not survive. It cannot survive. The Euro will crash and burn and the British Pound will either follow suit or skyrocket. That's the real gamble. You could make a killing on the pound or lose your shirt over night.

 

[Strider12]

The EU will not survive. It cannot survive. The Euro will crash and burn and the British Pound will either follow suit or skyrocket. That's the real gamble. You could make a killing on the pound or lose your shirt over night.

It's all fiat. They can make as much of that shit as they want and as long as the overlords say it's OK it'll last. The collapse of the Weimar Republic was not organic I assure you.

 

[Shemp]

When you look at the world financial system objectively it is really pretty crazy we buy into it. We don't have a choice I guess but still

 

[Strider12]

When you look at the world financial system objectively it is really pretty crazy we buy into it. We don't have a choice I guess but still

If you go through title 12 with a fine tooth comb there are ways to op out while still playing the game. I used to date a lawyer who showed me some stuff and a buddy of mine dated a treasury agent. That was eye opening.

 

[Laufen]

The EU will not survive. It cannot survive. The Euro will crash and burn and the British Pound will either follow suit or skyrocket. That's the real gamble. You could make a killing on the pound or lose your shirt over night.

I'm really hoping the Swiss franc benefits as well...I believe it will.

 

[Shemp]

If you go through title 12 with a fine tooth comb there are ways to op out while still playing the game. I used to date a lawyer who showed me some stuff and a buddy of mine dated a treasury agent. That was eye opening.

Please enlighten me if you can

 

[Strider12]

Please enlighten me if you can

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