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POKERSAM

12/08/11 6:56 AM

#27190 RE: bbgold #27189

bbgold - Thanks for sharing that and I know many can empathize having experienced much of the same.
When I posted the warning of the potential crash I realized I was sticking my neck out pretty far. There are those who love for me to be wrong and look for any reason to ridicule me. Since they are losers they have strong resentment toward anyone who is successful. You see this same type of reaction in so many areas of life. Look at Occupy Wall Street and the Presidents re election message for examples.
Anyway, I couldn't just stand by and not warn everyone of the potential crash. If I recognized the possibility and said nothing about it and it happened, how would I feel?
So I stuck my neck out once again and in the event it does not take place the losers will hoot and holler about my terrible market calls. But that is OK. I will know that I did the right thing. I also will understand them for what they are.
So, all I am saying is that there is a good chance we see a crash in the next few trading days. I don't know what odds to put on it. I am just telling you that several things are meeting at the same point and a crash is possible if not likely. How big the initial drop will be is hard to estimate but it will be dramatic. If you are on the right side it will not matter.
Get safe and if it does not happen you have lost little.
Stay at risk and if it happens you will get really hurt.
If it does not happen you can all join in the laughter at the guy who cried wolf.