reply to post by scwizard
How has Karl held up before? This is really interesting.
Market crash in approx a year and 2 months according to Karl, page 1
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Topic started on 28-5-2010 @ 12:10 AM by scwizard
market-ticker.denninger.net...
Very interesting video. It was really shocking to see how closely the time period leading up to the 2007 top correlates with recent price movements.
If traders and institutions believe Karl, or hold the same opinions, then the cash could come in two months. If everyone believes that there is a top, then suddenly everybody is short and nobody is long then boom.
market-ticker.denninger.net...
Very interesting video. It was really shocking to see how closely the time period leading up to the 2007 top correlates with recent price movements.
If traders and institutions believe Karl, or hold the same opinions, then the cash could come in two months. If everyone believes that there is a top, then suddenly everybody is short and nobody is long then boom.
reply posted on 28-5-2010 @ 11:45 AM by scwizard
Originally posted by Romantic_Rebel
reply to post by scwizard
How has Karl held up before? This is really interesting.
market-ticker.denninger.net...
Very good call. April 15th the day he posted that would have been the second best day to close short after April 23rd.
Saturday, December 29. 2007 he said: "For 95% of long-term investors, this is a time to be in cash or close to it."
Although showing you past hits doesn't mean anything. It matters how frequently you're right, not how many times you're right.
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