NT. i didnt read into storms posts that he was trying to argue. Just wanted some clarification on the numbers. Those of us that have read every page see that you have explained this but some may need refreshing time to time.
The exact numbers dont matter because the dow is a false number anyway. Its just barely been realized that the PPT even exists to manipulate the market........This market will crash big time if oil is not regulated .......and its timed for when bush leaves.
We will continue to see homes lost, food prices rise, gas rise and job losses will be huge. All this will be while the govt posts numbers telling you how well your doing!!!
i didn't think he was arguing WH, but SS's numbers were incorrect. furthermore, he's missing the point of why i started the thread. if someone jumped into the market at 14,000+, i wanted them to know the
longterm trend was about to turn on them. i also wanted them to know that a recession was likely coming. historically, stock markets decline in recessionary periods and produce bear markets. (which we are in) bear markets typically experience numerous short cover, or bear market rallies ( i speak about them often ) which slow down a markets decline. throw in the PPT and things slow down further.
remember, i started this thread when
no one talked recession or inflation. the Dow had just broken an all time record high and the world was good !
my opinion at the time (Nov) differed from most, but turned out to be a fair assessment of our current situation.
looking ahead, my objective is to be
out in front of the curve when the market eventually turns to the upside. great opportunities await.
NT
