Tuesday, June 15, 2010

Expert warns: Get out of stocks NOW

From Richard Russell, the famous writer of the Dow Theory Letters
Just as for years I asked, cajoled, insisted, threatened, demanded, that my subscribers buy gold, I am now insisting, demanding, begging my subscribers to get OUT of stocks (including C and BYD, but not including golds) and get into cash or gold (bullion if possible). If the two Averages violate their May 7 lows, I see a major crash as the outcome. Pul - leeze, get out of stocks now, and I don't give a damn whether you have paper losses or paper profits!
Read more

Quoted here:
http://docisinblog.com/index.php/2010/06/13/coming-cataclysm/
Hat Tip:
http://wizbangblog.com/content/2010/06/15/now-is-the-time-to-become-grounded.php

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