Did you see the credit crisis coming

Discussion in 'Economics' started by Dan44, Sep 26, 2008.

Easy question - Did you know about the the oncoming credit crisis before it happened?

  1. Yes, I saw it coming and profited/protected

    41 vote(s)
    57.7%
  2. Yes, I saw it coming but didn't do anything

    23 vote(s)
    32.4%
  3. No, didn't see it coming and lost money

    2 vote(s)
    2.8%
  4. No, didn't see it coming but didn't lose money

    5 vote(s)
    7.0%
  1. wave

    wave

    When 300k fruit boxes were selling for 700k, that was the signal for me.
     
    #21     Sep 29, 2008
  2. I voted yes......the credit crisis imo was SCREAMING at us to pay attention with SHORTing opportunities even as late as November of 2007 (as the S&P traded well above 1500). The CNBC globalist pumpers and most talking heads were touting a 1600 breakout.......that was just too frickin comical to me!!!

    The failed price move in November which resulted in a LOWER high was my final signal to move ALL my longer term monies SHORT the US market.....and the housing market blowing chunks at the same time was just the icing on the cake!

    The early January 2008 "rug pulling" was the massive confirmation as I saw it....that was the "GLOBALIST (wealth transfer) GAMES 2008" kickoff after the November/December pregame show.
     
    #22     Sep 29, 2008
  3. As of 2-weeks ago I was in 90% stocks, today I am 40%.

     
    #23     Sep 30, 2008