100 Percent Cash: Is Todd Harrison Raving Mad, or Just Foxy?

Mad and Foxy spells.....smart!

wise

What!? He doesn't want to loose it all?! thats maddening!

Funny watching these kids baffled by their first true bear market.

"tarbaby951"...i wus gonna type tat but understood we couldn't use 4 letter words on this site! you smart too!

We've had a bear market this ENTIRE DECADE. Its not like this is the first one, most prognosticators were saying 2002 was just like 1974. granddad just doesn't remember what things were like.

He's right. We are in for some pain. I don't think a recovery in 5 years is realistic. It took 25 years for the stock market to recover from the depression. We are levered MUCH higher today.

100% cash at 2% rate. he is MAD!

I've been watching this guy and his crappy Minyan website for a while. I think he's a scumbag. I don't think he's in cash. I think he is shorting stocks. That's why he wants others to sell their stocks. Only an idiot would be in cash near the bottom of the market. Apparently he believes in buying high and selling low. That's a great way to miss future rallies. He's either an idiot or just another Wall Street scumbag.

I've been watching this guy and his crappy Minyan website for a while. I think he's a scumbag. I don't think he's in cash. I think he is shorting stocks. That's why he wants others to sell their stocks. Only an idiot would be in cash near the bottom of the market. Apparently he believes in buying high and selling low. That's a great way to miss future rallies. He's either an idiot or just another Wall Street scumbag.

socioeconomic malaise? More like a mediaeconomic malaise.

I thought I was conservative with 60% cash. It has served me well this last year with 20% in Cmgfx ans 20% in commodities.

My compliments to Mr. Harrison. Not only is he brave to expound his views in this financial environment, but it appears that he may be wise as well. History may NOT repeat itself exactly, but it does tend to follow previous patterns. With sincere apologies to Galbraith, who has written several wonderful works that touch on this topic, - - - - speculative excesses lead to bubbles that break. There is a long history of such events, but each succeding generation finds some rationale for denying that it might happen again. Thank you.

So, we should avoid ALL domestic large-cap, mid-cap, and small-cap stocks, foreign stocks, commodities, real estate, bonds, etc.?!? The market is pretty reasonably priced right now overall. Some companies are doing quite well. We are a long way from the great depression here. Perhaps stocks will "only" produce ~5% annually over the next 10 year period, but that's much better than cash. Waiting for a recovery before getting back in is a euphemism for "buy high".

And by the way, there are always stocks that do well in bad markets. Apparently this guy is saying that he has no idea how to pick them EVEN THOUGH HE RUNS A STOCK WEBSITE.

Staying in cash with the USD devalued 30% since 2000? I agree with the CASH part, but my YEN and AUSSIE dollars look a LOT STRONGER than USD. Stay in cash sure - but chose a currency backed by a country with sound fiscal policy. Wait 'til this 9 trillion $$ interest payments ramp up then watch out USD ! The ONLY solution is , like the Vietnam War Debt, to pay it back in devalued dollars. 50% devalued by 2010? Could happen. THEN what happend to your CASH position? You preserved 1/2 of your capital?

the indexes are screwing us with their alleged performance. they regularly replace the worst with the best performing new stocks. if one would replace his beloved wife every year with a younger one, his wife would never ever get old! got me?

WRONG!! It's shows that he knows for sure that he's right and everyone else is wrong. And he's got the courage of his convictions to stand up and say so. DERIVATIVES ARE DEAD MEAT.

A little slow my advisor has been suggesting tbills for sometime... http://www.ltadvisors.net/Info/SmarterAlternative.htm

Im 100% in cash too, been there since the dow was at 13500, because I listen to Todd and Mish. We are headed for a depression. Will the Fed destroy the dollar trying to save itself and its banker buddies, maybe, but assets will fall a long way before that occurs.