Archive for January, 2010
My 2010 Market Forecast
My 2010 Forecast of the markets is ready!
In this forecast I predict where the market will head in 2010. I predict the exact date the current rally trend will reverse and what my target for the high and low will be in 2010 for the DOW.
In my 2009 Forecast I correctly forecast this on March [...]
Yeah, but the US is OK, right?
When relating the 2009 GDP figures for Great Britain it helps if you have one of those airplane barf bags nearby when passing it on.
Why? Because is it so wretchedly bad, so sickening that you’ll need it.
Here’s the headline: Britain’s recession the steepest for 88 years
Here’s the story: http://business.timesonline.co.uk/tol/business/economics/article6986312.ece
What does this tell us?
It tells me [...]
Signs of A Worsening Economy?
Is this a sign of things getting worse and not better?
You be the judge.
The CNBC “glee” club are alchemists when it comes to negative news. What appears bad always has a silver lining when they report on it.
I’d like to see them spin this one positive:
“Oregon is one of several states that provides funding for [...]
Technical Considerations for 2010
What’s in store for us in 2010? Let’s see…
There are certain technical patterns that are more reliable than others: “flags” in particular are good indicators that a move, once started, will continue in the prior direction of the flag.
Head and Shoulder patterns are also useful to determine when a prior trend ends and a new [...]