Posted by marketguy on 5th of Oct 2008 at 08:56 pm
I "believe" HS Dent had the top in somewhere between 2008-2010
(or 2009-2010) in the "Great Boom Ahead" (written in the mid 90's I
think)...granted the Dow never reached 30-40k as he thought it
would but either way I'm guessing his depression scenario
is/has arrived...sad times my friends, sad times....I wouldn't be
"surpirsed" to see a late 2001 type rally (ie maybe we get back to
1300+...not sure how we do it but have to consider it a possibility
as this year is so correlated to 2001 with the 10/20
month moving avgs, bollinger bands, etc).
Posted by dowjones4k on 6th of Oct 2008 at 09:48 am
yes he did i have read many of his writings and he is predicting
a depression type event this time. it is happening a little
earlier than he predicited.
I "believe" HS Dent had
Buried in the 700 billion dollar bailout was this gem giving the solar industry major tax advantages
Posted by marketguy on 5th of Oct 2008 at 08:56 pm
I "believe" HS Dent had the top in somewhere between 2008-2010 (or 2009-2010) in the "Great Boom Ahead" (written in the mid 90's I think)...granted the Dow never reached 30-40k as he thought it would but either way I'm guessing his depression scenario is/has arrived...sad times my friends, sad times....I wouldn't be "surpirsed" to see a late 2001 type rally (ie maybe we get back to 1300+...not sure how we do it but have to consider it a possibility as this year is so correlated to 2001 with the 10/20 month moving avgs, bollinger bands, etc).
yes he did i have
Posted by dowjones4k on 6th of Oct 2008 at 09:48 am
yes he did i have read many of his writings and he is predicting a depression type event this time. it is happening a little earlier than he predicited.
marketguy, could you post charts
Posted by maggi3322 on 5th of Oct 2008 at 09:13 pm
marketguy, could you post charts showing the correlation? tia
let's see if I have
Posted by marketguy on 5th of Oct 2008 at 10:23 pm
let's see if I have the chart thing down...sorry forgot to add the bollinger band but it has pentrated the lower band as it did at the time indicated in 2001 as well .
http://stockcharts.com/h-sc/ui?s=$SPX&p=M&b=5&g=0&id=p46377495172&a=152653276&listNum=5
looking at that S&P chart
Posted by paige386 on 6th of Oct 2008 at 09:11 am
looking at that S&P chart the vol is much larger now than in 2001.