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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: t4texas who wrote (163979)2/19/2012 10:00:57 AM
From: Bridge Player1 Recommendation  Read Replies (2) of 206338
 
the ecri website says they have never made a wrong call on expansion or recession using their indicators.

i remember one thing lakshman said in the summer of 2010. it was that the business cycle is stronger than the government trying to mess with it. he said this to give support to his long lead indicator's ability to predict the future of the biz cycle's not going into recession at that time.

so lakshman now claims his long cycle indicators say we are going into recession with nothing the politicians and govt. can do about it. in this video i believe he says if we are not in recession by something like may/june, then he will be wrong.


IOW, if 1st and 2nd quarter GDP in 2012 are both still positive, then the ecri website will need to be revised.

It'll be worth revisiting this prediction say about in July, about 5 months from now.
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