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Thanks for the kudos. I really don't rate it even though I have been correct in calling the demise of the bubble... mebbe too early, but at least I wasn't in it when she popped!
The first link is my new website... the boys at the other location pulled the plug with no notification. My last attempts are still out there... but I could not update the pix part.
The second is an addendum to my site which answers the question, "Is it over." (IAOUTFLS)
Since the fat lady ain't singing yet and we are only 1 year into a 2 year bear market, the worst is still to come.
You know, I lost a lot of credibility several weeks ago with the NAZ trading around 2,400 and I called for a tank into the 1,900 area and warned that the next stop from below 1,800 was around 1,200... Well I was exactly right thus far and since we broke 1,800, I am going a little further out on that limb and calling for the bottom in a year at 500. YES, 500. Remember, you heard it here first!!!
We are in the midst of a slow-motion crash and it will take another year to play out to completion. At 500, that's 10 cents on the dollar for those who bought in at the top. 10 CENTS ON THE DOLLAR!!!
Markets don't recover quickly from that kind of trauma. Not even Alan T. C. Greenspan can keep it from happening. Everyone wants OUT!!!
BTW - the T. C. stands for trauma center
Good luck, and you know darn well I have been warning you about this happening for over a year....
No veggies in yet but a fertile mind is planning on them!
Bill |