Martin Armstrong: Dow 30,000+ by 2015.75
#1
Posted 29 August 2009 - 03:57 AM
http://www.martinarm...y-2015-0809.pdf
Second article on Cycles is also interesting...
http://www.martinarm...ective-0809.pdf
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#2
Posted 29 August 2009 - 09:37 AM
#3
Posted 29 August 2009 - 09:42 AM
#4
Posted 29 August 2009 - 09:52 AM
Thanks Russ! I enjoy reading Armstrong's stuff.
Yeah, me too
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months
#5
Posted 29 August 2009 - 05:10 PM
#6
Posted 30 August 2009 - 12:12 AM
Edited by Russ, 30 August 2009 - 12:15 AM.
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#7
Posted 30 August 2009 - 10:55 AM
"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw
"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe
#8
Posted 30 August 2009 - 03:04 PM
#9
Posted 30 August 2009 - 04:27 PM
Dow 100,000 huh? Why not a trillion? This sounds like 1999 redux. Face it guys. What we are living through here is the implosion of a credit bubble at least three quarters of a century old. It can be argued that it's over two centuries old. That is quite an implosion. It seems to me not too likely to lead to a quick reflation. More likely we are on the brink of the precipice here. Since our fiat currency is not backed by anything resembling real money, it consists entirely of debt. In the face of that credit implosion the only reasonable outcome is runaway deflation, not inflation. Anyway, that's how I see it.We'll see Dow 100,000 later as the currency gets wiped out... won't be the same as "making money".
#10
Posted 30 August 2009 - 05:40 PM
Edited by linrom1, 30 August 2009 - 05:48 PM.