Monday, January 19, 2009

Heres a picture


worth 100 words = many pages of text

from Tim McCarthy on the Crystal ball forum

More later
Jay


8 comments:

  1. As I had indicated earlier, morning would be weaker. But it is more weakness than what I had expected.

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  2. Anonymous12:44 PM

    As I told you guys last week, the 20th and 26th will retest 818

    The market should climb a bit before close.

    best wishes,
    8

    ReplyDelete
  3. 8,

    I could be wrong, but this market will do a final spike before it falls starting next week into early-mid February.

    I do expect a rally thereafter, sputtering at first, but picking pace after mid-March topping somewhere around September.

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  4. Anonymous1:29 PM

    Hi Shankar,
    I just work with astro-statistics, so I don't have opinions just probabilities. My numbers tell me that the most probable scenario is that starting January 26th we rally for a week.

    Probabilities are of course not certainties.

    Kind regards,
    8

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  5. 8,

    Thanks. Regards to you too.

    If I may say, your forecast is quite interesting.

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  6. 8,

    Not bad. 818 breached.

    One of my friends is forecasting a lower close.

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  7. Jaywiz said to mortgage house and buy calls. No retraction?

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  8. I don't have a mortgage. I don't see housing market recovering till 2011-2012 at minimum.

    Having said that, I added to my long positions.

    Over the long term, please be assured that we are seeing The Great Depression # 2.

    ReplyDelete