One comment on “Trend Analyst on Stocks: “If The Dow Drops Below 15,000… I Would Suggest People Start Buying Food & Ammo”

  1. I like the title so this is not a criticism. But two points: 1. It absolutely will drop below 15,000, if not this time then next time. We are over due for a correction and the government has used all their ammunition trying to prevent the last “crash” from being too bad. 2. The market will regress to mean which also means that for a time (months to a few years) it will drop well below the mean. What this means to everyone is when it crashes it will be really bad for awhile and you shouldn’t make big decisions right after the crash. Expect it to take awhile and then slowly get better. How much better? Not a lot better but somewhat like it was in 1930-1937. Liveable, survivable, living hand to mouth, maybe not even quite that bad. But not bad enough to jump off high buildings or abandon the house and run to the woods. My advice is not to wait until the market crashes to prepare. Today you can buy anything you want or need. After the crash you may find shortages or price increases. Buy today and prepare for a 10 year great depression.

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