We all know that another major financial dislocation is coming and most likely you will not be given a heads up by watching CNBC.
Remember Cramer?
Bear Stearns is fine. Do not take your money out. If there’s one takeaway, Bear Stearns is not in trouble. I mean, if anything, they’re more likely to be taken over. Don’t move your money from Bear. That’s just being silly. Don’t be silly.
Question is what tell-tale signs should we be looking for? Credit Card delinquencies, 401K borrowing, advance decline line? Are there analysts that have a good record on timing the market? Permabears and Permabulls are really useless.
In hindsight it is always obvious but is it possible to predict it beforehand in time to get out or short the market? The Fed does make it difficult since they have several ways to prop it up.
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