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illuminati seed's avatar

Before every single “greatest” market decline in history, the data didn’t matter, until it did. I follow a lot of data, including the MMRI, but I also follow facts and connect the dots. One of the greatest overwhelming facts I have seen as of late is real wealth shutting down their investment plans. You covered this yesterday. It is called “Critical Mass”, when a company becomes self sustainable until it doesn’t need to invest in itself anymore. The problem is that Critical Mass is an indicator that points in the direction of company’s either trying to thrive or survive depending on the economic situation. Look around, the economic situation is collapsing and getting worse, yet more real wealth in the world are leaving their investments even though you are out here saying the Federal Reserve will buy it all. How can this be possible?! Real wealth would know whether easy money was flowing into this market or not because they eat that kind of news for breakfast. You have Jamie Dimon burying his cash in his backyard. You got Mark Cuban downsizing and throwing away his long term prospects that he has been so bullish on for years. Why is real wealth running away?! Like I said, I follow a lot of data, but seeing more and more philanthropists begin to cash out sends a bad chill down my spine that perhaps the data is finally about to become more real than anyone could imagine.

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klaus slob's avatar

Oil in the 60's Greg come on we gotta tell them to buy buy buy !!!! its a bargain greg? where you at dont tell me youre on the long side of the market now. Give us some stock picks

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