Enzio von Pfeil, CEO of EconomicClock.com told CNBC the Global stock markets could crash in October as the much hoped-for economic recovery fails to materialize he explains in the video below...
Could this be the reason our Foreign Embassies are stocking up on cash?
Ten Signs that suggest an October Market Crash...
Click on each sign to learn more:
Sign #1: The consumer is down and out
Sign #2: W-shaped recession
Sign #3: The banks will lead us down again
Sign #4: No positive catalysts on the horizon
Sign #5: Earnings will disappoint
Sign #6: The market is overbought
Sign #7: An indiscriminate rally
Sign #8: Light volume
Sign #9: Short covering and money managers looking to bank profits
Sign #10: An eerie similarity
Sign #2: W-shaped recession
Sign #3: The banks will lead us down again
Sign #4: No positive catalysts on the horizon
Sign #5: Earnings will disappoint
Sign #6: The market is overbought
Sign #7: An indiscriminate rally
Sign #8: Light volume
Sign #9: Short covering and money managers looking to bank profits
Sign #10: An eerie similarity
Suggested Reading.
Sources
http://www.dollarsandsense.org/archives/2009/0709miller.html
http://www.bloggingstocks.com/2009/09/19/10-signs-an-october-market-crash-is-coming/
http://www.bloggingstocks.com/2009/09/19/10-signs-an-october-market-crash-is-coming/
Sweet the FDIC is supposed to insure our money instead it appears we insured
the banks money!
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