Wednesday, August 12, 2009
Get Out of the Stock Market NOW!
Robert Prechter, (video at the link) a highly respected financial analyst is urging people get out of stocks and into safe cash equivalent investments. I absolutely agree with him, and cannot urge strongly enough to get out of stocks and mutual funds. He believes, and I believe correctly, that we are soon going to see the March 2009 lows broken. That means that all the paper gains made in the market since then will be lost and more. This could be your last opportunity to salvage some value from your portfolio. Don't miss it!