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S W
Member since May 2012
668 commentaries - 5 followers

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has posted a comment on the article :

An Optimist, But Is He Crazy?

- Rick Ackerman -

Dow from a weekly technical point is looking strong.

However there are strong correlations of an average 260 point drop from Mon 9th to 24th, 12 of last 14 years. ( MRCI)

As I write there is a reversal bar on both the daily and weekly charts. Should that be the case on the close i will be getting short, and trying to enhance my trading account. :)

Cyclically I feel the market ( big picture) will continue higher till around Oct 2012 and then ? steadily decline for 2 years with a target 6500.

Other than that I am mostly liquid. No idea re deflation or inflation.

Commented 4695 days ago

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Beginning of the headline : In the Rick’s Picks forum, Gary Leibowitz is a square peg in a round hole.A steadfast Obama supporter, his outlook for the economy is almost as annoying.He actually thinks we’ll muddle through 2012 without a global financial collapse and believes the U.S.economy is on the mend.Here’s Gary in his own words, posting to the forum yesterday: “As Obama is being bashed for his outrageous spending spree over these last three years, the economy is showing improvement across the board... Read More

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