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Doug Kass: 'Market Feels Like 1987 Right Before The Crash'

Kass puts on his bear suit.

'I'm getting the 'summer of 1987' feeling in the stock market, which means we’re headed for a sharp fall.'


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Reader Comments (8)

Interest Rates Will Spike This Year: Soros

Feb 14, 2013 at 4:31 AM | Registered CommenterDailyBail
Feb 14, 2013 at 4:33 AM | Registered CommenterDailyBail
Jesse Jackson Calls for Looting Pension Funds

Feb 14, 2013 at 4:49 AM | Registered CommenterDailyBail
FRANKFURT (MarketWatch) — The euro-zone economy fared even worse than expected in the final three months of 2012, with a steeper-than-expected drop in gross domestic product keeping prospects alive for a further rate cut by the European Central Bank despite that recent signs the downturn had bottomed.

Feb 14, 2013 at 12:08 PM | Registered CommenterDailyBail
SAN FRANCISCO (MarketWatch) — Gold futures on Thursday fell to trade around their lowest levels in six months, with a stronger dollar and subdued demand amid holidays in China weighing on the metal.

Feb 14, 2013 at 12:08 PM | Registered CommenterDailyBail
Eurozone crisis live: Germany drives region deeper into recession

Feb 14, 2013 at 12:12 PM | Registered CommenterDailyBail
The French and the Gremans dont like to talk about Their Own selfimposed debth bomb, initiated by Kohl.
When the colaps of Eastern Gremany was done, they where imported into the Greman system overnight.

It was at that moment, Germany boke the Initial monetary agreement on how to runn the GDP, and where the limits where.
They dint listen, and then the French did the same and right now I can remeber the cause, but the beginning of thie EURO/EU mess was done by the Germans/French.

Of course it will crash, its all a fake growth, indused solely by the "growth" in the stock marked, who thats possible to belive in is beyound me, but the downfall is camuflaged, hidden under the carpet.

And even wurse is the Blame game, ohh the people on welfare, the poor, everybody is pointing fingers at people that had/have absolutely Nothing to do with this Crash.
The heer stupidity in this move, is going to bite back really hard, compagneros, because the porblem is on the topp, not the bottom.

Cobvards, runn after people with no ability nor the possebility to inflickt this crisys, to go after the real deal, requires Cojones, and they dont grow on trees this days.

Feb 14, 2013 at 4:56 PM | Unregistered Commentermikael
High velocity trading and brokers emphasizing commission accumulations over investment content yields a market full of mush and fishwrap grade paper. Crash? If we are lucky it will be a crash. Justice would dictate extended time on prison farms for ANYONE using high velocity trading programs.
Feb 15, 2013 at 3:46 AM | Unregistered CommenterHoward T. Lewis III

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