WARNING TO ALL INVESTORS!

[razorthin]

The uptrend in world markets was officially broken on Friday, October 30 on massive trading volume. A MAJOR CRASH may be imminent. Position yourselves accordingly!!

[novaman]

What positions are you advocating? I'm currently 70% cash and 30 % Bonds.

[jd01944@yahoo.com]

Its not a bad idea to have some 'put' options. I have been accumulating long-term puts (LEAPS) on high value, high beta
stocks. GOOG would be one example. But not too much exposure - maybe 25% depending on how much you can stand losing if the markets keep going up in the short term. Jan. 2011 or Jan. 2012 puts could pay great returns if we have a major crash in 2010 - 2011.

[fel]

razorthin,


Chart please.

fel

[sgtzach]

As I surf the web and listen to CNBC, I'm struck by the absence of bulls. Everyone is negative. The chartists see the indices rolling over, the cyclist point to 1937 and 1975 comparisons, the fundamentalist wring their hands over unemployment and lack of consumer credit, the demographicysts point to an aging population, the conservatives warn about bigger governement and higher taxes,
the monetarist focus on the unsustainabilty of zero interest rates, growing deficits and the falling dollar. It seems everyone expects a depression. Can we really have a depression when everyone expects it?

[akoreis]

Good point about "Where are all the Bulls". I have observed that the masses are always wrong. When the majority becomes pessimistic the markets seem to rally, and visa versa. "The sky is falling, the sky is falling!"

Has anyone noticed the current Put/Call Ratio? More Bulls than Bears there. Seems the correction may be near. Or are we back in the "Roaring 2000's"?

For my "nest egg" I think I'll just stick with my guaranteed indexed products, capture a good portion of any gains with no downside exposure. With my Las Vegas money I'll buy some SKK and some SSO Puts. But I don't think I'll sell my house.