Who foreshadowed the Stock Market Crash?
Is there anyone that has foreshadowed the stock market crash? If so who was it? It is the recent stock market crash that is going on in this very minute.
Public Comments
- which crash? edit: u need to be specific. officially, the stock market has not crashed since 1987, unless you count the 1997 "mini crash." http://en.wikipedia.org/wiki/October_27,_1997_mini-crash The "97 mini crash has had similar impact over the last 2 years, but the media refuses to call it what what is: A 9 year Bear Market that started on or about March 2000 with a double top on or about 2006/2007.
- I remember seeing some guy on 60 Minutes, before all this happened, saying all the paper that he said was worthless being passed through the system was going to cause disastrous problems. I dont remember who he was or exactly when the broadcast was. But I guess he was right. I think it was in 2007. Elaine Garzarelli got a lot of credit at the time for predicting the '87 crash. But she seems to have faded into obscurity.
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