One objective of this blog is to encourage productive discussion and debate within the "comments" forum. Leaving comments has been made easier. No registration is required. Comments can be left anonymously. A Hassle free and easy forum to leave a comment. However, any inappropriate comments will be deleted by blog administrators. Thank you for commenting so your voice can be heard.
Thursday, May 27, 2010
Stock Market Going Which Direction?
Patterns: Only twice before have the stock markets zoomed parabolically to such heights in less than a year as it has this time (80% up from March 2009 to April 2010). There was a 112% run-up in 1932 – which was followed by a 40% drop. And in 1933 a 116% increase was followed by a 34% drop. If this pattern is followed the S&P could be in for a 20 to 30% drop. (http://www.businessinsider.com/david-rosenberg-heres-ten-us-leading-indicators-that-are-rolling-over-2010-5)