ping
Frequent Contributor (1K+ posts)
Member # 6974
posted
Granted, I don't have much money left since all the Lyme tx, etc., but what I did have I put in the stock market on March 17 and sold this past Friday with a handsome return to my 401K. At least what was left of it is larger now.
If any of you are interested in stock market wave and ratio forecasting, try:
I've been following this for about 20 years now and can say that Prechter (Robert Prechter, President) might have missed a couple of upsides, but has never missed a downturn, which is a heck of a lot more important to me!
Open for discussion anytime. I'm your huckleberry!
ping "We are more than containers for Lyme"
[ 08-25-2009, 10:26 AM: Message edited by: ping ]
-------------------- ping "We are more than containers for Lyme" Posts: 1302 | From Back in TX again | Registered: Mar 2005
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posted
The stock market as of now is showing what companies are truly worth right now. Volume is slowing down and even though things have been looking up. They are starting to really flatten out. I think we are in another bubble right now and that bubble is inflation.
Guarding against inflation is tough, even for smartest business men around.
Posts: 458 | From Miss | Registered: Mar 2009
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ping
Frequent Contributor (1K+ posts)
Member # 6974
posted
Holy Cow! This post went unanswered for so long that just on the off chance, I decided to check this morning... And Voila!
Buster - I agree with your assessment of the market toppping out, at least for now, but disagree with your inflation scenario. Rather DEflation will be the culprit, along with a dollar that begins to rise (domestically) from the depths of the pit it's been in. Not only does EWI forecast this probability (forecasts are based on mathematical probabilities and are not absolute predictions), but was intrigued when I heard Steve Forbes say the same thing last week... Interesting. This scenario considered, there appears to be a bubble developing in the financial and commodities stocks. Look out!
ping "We are more than containers for Lyme"
[ 09-22-2009, 03:45 PM: Message edited by: ping ]
-------------------- ping "We are more than containers for Lyme" Posts: 1302 | From Back in TX again | Registered: Mar 2005
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ping
Frequent Contributor (1K+ posts)
Member # 6974
posted
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-------------------- ping "We are more than containers for Lyme" Posts: 1302 | From Back in TX again | Registered: Mar 2005
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