If you had
done as suggested you would be richer today. I said don't panic, this
isn't the big one, that's yet to come.
I'm not being prophetic, just a pretty good economist. However long term (to April 2016) you will see a textured decline. Not straight line, but ups some down some...lower highs and lower lows.. but over time with occasional spurts. It's not a real bull because the shape of the trendline will be remade.
I'm not being prophetic, just a pretty good economist. However long term (to April 2016) you will see a textured decline. Not straight line, but ups some down some...lower highs and lower lows.. but over time with occasional spurts. It's not a real bull because the shape of the trendline will be remade.
Eventually after some restructuring, the market will even back up.
There will be a new bull market IF and WHEN we get a real fiscal
conservative in government, not the guy who is there now and his like,
someone who doesn't believe in fairy dust and magical thinking. I could
see a 20,000 Dow by the end of the first term of a fiscal conservative,
but only after a great deal of bloodletting...that must be to get all
the phony money out of the system. The next shoulder is about 13,000...
and that's where I expect it to land before the next run up.
UNLESS some outside force of nature steps in
UNLESS some outside force of nature steps in
Wow. You never know the timing but after listening to Terry Bennett, Sadhu Sundar Selvaraj, Neville Johnson, and Johnathan Cahn I figured that by the end of November we would see the Dow at maybe 13,000 or less and never truly recover.
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