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Strategies & Market Trends : The coming US dollar crisis

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To: ggersh who wrote (19810)4/19/2009 4:31:01 PM
From: LTK0073 Recommendations   of 71456
 
CORRECTION!:i have been studying Swenlin's indicators.
i am now saying a move to 920-950 on SPX would bring indicators to ULTRA ULTRA OVERBOUGHT.
i am going to now say i will NOT use the Dow call for 9000-1000.
i will be focusing on SPX500 only.
And i am saying any move to 920-950 woud be a screaming short level.

i will go further, the Swenlin Indicators are getting so wild, that a move to 950 would be setting up ANOTHER CRASH.Max

The CURRENT SPX P/E per Swenlin's NO BULLSHIT P/E, but the real P/E, is now at 58.44 !!.

As i say, TSR states the WS one year FORWARD P/E is a Psychotic Hallucination.
And as they point out, they always do this.

So i would say their One Year Forward SPX P/E projection of 14-1, is not a psychotic hallucination, it is instead a Criminally Created BullShit number they put out for The Suckers!!!

Anyone that thinks WS has found Morality i can say also believes a NICKEL is more valuable than a DIME.. Max
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