YM is going down to 2,000-1,000 ( what were the highs in 1979??). Same for ES etc.
These numbers may come in 2009, 2010 or 2011. But it will come and we should get back to the same point in these 3 years. Commodities will boom 2010, especially 2011-2014. The ‘R’ rates will go up in 2013/2014 battle inflation causing another recession in 2016/2017.
I will know the YM and ES number it will reach in 2016/2017 come 2011.
2016/17 starts the “Buy and hold.’ But all the lemmings will be broke by then. A share is only paper, not gold or silver or corn, etc. Many times that “Share” value turns to less than toilet paper.
Japan back to 1981 levels….America will too….soon.
The American Dream….Poof, gone with ‘Buy and Hold.’
cameroniMar 5, 2009 @ 16:14
Amazing,
Rick I am impressed. I stuck my neck out and played gold and gold stocks like you called them. Just for fun I put 10K on your advice and let it run on it’s own, buying and selling on your targets. Those were my most worry free investments these last few weeks. I made good money too. Three near perfect calls. You have earned my respect in spades. And it was all free advice so far too. Guess it is time I paid for the membership. Thanks for everything, the subscription fee is on it’s way.
Cam
&&&&&
Thank you for the kind words, Cam. In my business, nothing could be more pleasing than to hear from those who have made money with my forecasts. RA
Excellent commentary and insight. I find this latest move through your pivot to be the mirror image of the upside thrust through your 13,045 (not certain on the exact level) back in 2007. Momentum pushed that well over the pivot for several months. We are just experiencing the dark side of momentum and de-leveraging.
Dear Friend, your predictions are excellent. I am trading in cfd’s with CMC Markets PLC. I have been following your comments omn DOW. Incredible!!! Now I will plunge into Dow with a short Call and wait for your target.
Krishna
Dave RileyMar 5, 2009 @ 0:42
Are you putting your own money at these important levels?
&&&&&&&
I trade through a CTA, Bluefin Financial Ltd., and have two partners, Dave. Often, though not always, we will trade on levels noted in my touts.RA
Comments on this entry are closed.
From what I’ve seen Rick is good.
YM is going down to 2,000-1,000 ( what were the highs in 1979??). Same for ES etc.
These numbers may come in 2009, 2010 or 2011. But it will come and we should get back to the same point in these 3 years. Commodities will boom 2010, especially 2011-2014. The ‘R’ rates will go up in 2013/2014 battle inflation causing another recession in 2016/2017.
I will know the YM and ES number it will reach in 2016/2017 come 2011.
2016/17 starts the “Buy and hold.’ But all the lemmings will be broke by then. A share is only paper, not gold or silver or corn, etc. Many times that “Share” value turns to less than toilet paper.
Japan back to 1981 levels….America will too….soon.
The American Dream….Poof, gone with ‘Buy and Hold.’
Amazing,
Rick I am impressed. I stuck my neck out and played gold and gold stocks like you called them. Just for fun I put 10K on your advice and let it run on it’s own, buying and selling on your targets. Those were my most worry free investments these last few weeks. I made good money too. Three near perfect calls. You have earned my respect in spades. And it was all free advice so far too. Guess it is time I paid for the membership. Thanks for everything, the subscription fee is on it’s way.
Cam
&&&&&
Thank you for the kind words, Cam. In my business, nothing could be more pleasing than to hear from those who have made money with my forecasts. RA
Excellent commentary and insight. I find this latest move through your pivot to be the mirror image of the upside thrust through your 13,045 (not certain on the exact level) back in 2007. Momentum pushed that well over the pivot for several months. We are just experiencing the dark side of momentum and de-leveraging.
Thanks for all your work. Take care.
Erik
New Dow lows today.
Good call Rick
Regards*Rich
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID3251493
Dear Friend, your predictions are excellent. I am trading in cfd’s with CMC Markets PLC. I have been following your comments omn DOW. Incredible!!! Now I will plunge into Dow with a short Call and wait for your target.
Krishna
Are you putting your own money at these important levels?
&&&&&&&
I trade through a CTA, Bluefin Financial Ltd., and have two partners, Dave. Often, though not always, we will trade on levels noted in my touts. RA