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Kiyosaki is at it again!
Old 03-25-2007, 02:26 PM   #1
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Kiyosaki is at it again!


"So how can I say that the market is crashing even if it continues to go up?"
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Re: Kiyosaki is at it again!
Old 03-25-2007, 04:14 PM   #2
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Re: Kiyosaki is at it again!

"When my book "Rich Dad's Prophecy" was released in 2002, most financial newspapers and magazines trashed it because I discussed a looming stock market crash. Ironically, much of what I predicted in the book is coming true earlier than I expected.

On Feb. 27 of this year, a 9 percent market sell-off in China sent ripples of fear through stocks markets across the world. In the United States, the Dow's one-day plunge of 416 points was the steepest decline since the market opened after Sept. 11, 2001."

S&P 500 in 2002: ~1000
S&P 500 before the Feb 27 2007 "crash": ~1450
S&P 500 post-"crash": 1436

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Re: Kiyosaki is at it again!
Old 03-26-2007, 09:01 PM   #3
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Re: Kiyosaki is at it again!

The guy is a menace to society - a prognostician that twist the facts. In 2002 he said there will be a crash (of course with no time frame) and then when we have a blip - oh, there it was - even though the market has bounced right back in a matter of weeks! JoJo
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Re: Kiyosaki is at it again!
Old 03-27-2007, 02:12 PM   #4
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Re: Kiyosaki is at it again!

Let me go on record right now with my prediction.... the U.S. stock market will drop by at least 10 percent. I guarantee my prediction will come true, just wait.
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Re: Kiyosaki is at it again!
Old 03-27-2007, 02:16 PM   #5
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Re: Kiyosaki is at it again!

Quote:
Originally Posted by JustCurious
Let me go on record right now with my prediction.... the U.S. stock market will drop by at least 10 percent. I guarantee my prediction will come true, just wait.
I can beat that prediction. We'll have at least a 12 percent correction. I'll even tell you when it will happen. It will happen after this bull market ends but right before the next one begins.
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Re: Kiyosaki is at it again!
Old 03-27-2007, 02:44 PM   #6
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Re: Kiyosaki is at it again!

Wow, you really are a fortune teller! Can I have yer autograph?
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Re: Kiyosaki is at it again!
Old 03-27-2007, 05:16 PM   #7
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Re: Kiyosaki is at it again!

He is stating that the value of the market has gone down because the dollar has lost value.








Quote:
Originally Posted by fluffy
"When my book "Rich Dad's Prophecy" was released in 2002, most financial newspapers and magazines trashed it because I discussed a looming stock market crash. Ironically, much of what I predicted in the book is coming true earlier than I expected.

On Feb. 27 of this year, a 9 percent market sell-off in China sent ripples of fear through stocks markets across the world. In the United States, the Dow's one-day plunge of 416 points was the steepest decline since the market opened after Sept. 11, 2001."

S&P 500 in 2002: ~1000
S&P 500 before the Feb 27 2007 "crash": ~1450
S&P 500 post-"crash": 1436

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Re: Kiyosaki is at it again!
Old 03-27-2007, 06:01 PM   #8
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Re: Kiyosaki is at it again!

Im almost tempted to get the book him and Donnie wrote....

hahah!

Ah ya I made a funny
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