18 months up 18 months down, then RECOVERY, just as I predicted over 12 months ago. That is why I said read between the lines. Compare QUARTER TO QUARTER for the future INDICATOR not year to year.
The problem this time around was the undue Fed intereference and Oil spikes which could have been turned around a dime, and therefore no one knew when the economy and thus the markets would rebound. For great stocks that are the FUTURE and still are the only game in town for GROWTH no one should have allowed themselves to be under or un- invested, it was too risky because the markets could have rebounded overnight had anything been done to stop the crash and 2nd Greenspan induced recession. Now we have a more unified Congress and President giving us tax breaks and stimulus and Greenspan's Fed FOMC was/is forced to lower rates. Oil for political reasons is finally lower (As I predicted between $20 to $25 is the proper range per barrel). So where was I wrong? Maybe on a given day, but not on the philisophy, you had to double down, even as painful as that was with the market dropping, and dropping and dropping, that took courage, and sure I had sleepless nights, but by doubling ALL THE WAY DOWN my average price for stocks in GREAT GROWTH companies is about 12%, some have now gone higher than my average price, some are on their way up to it, but all of these stocks in my opinion will return to their prior highs. Why? Because they are FUTURE TECH GROWTH period. They are solid companies with solid earnings, soild products, good mangement, good supply and distribution chains. In an economic rally they will all do very nice.
Does it take money to make such money? It takes bold brazen and sometime insane courage, ...and money. Those who could not double down all the way down maybe should not have been in the market in the first place.
18 months up, 18 months down, now the curve will rebound and RALLY all the way back up. READ BETWEEN THE LINES, compare QUARTER TO QUARTER as the INDICATOR not year to year when the whole world is nd has been down, do not trust year to yea ANALysts. The turn around is INDICATED right there in quarte to quarter comparisons. We are in RECOVERY.
I am,
Truly your$,
-Crystal Ball |
