11000-12000 on the DOW, and then GET OUT! Harry Dent SAYS SO!!

I have been following Harry S. Dent for a LONG time- he is amazing, in his long-term demographics based forecasts- and I mean !

He has been saying for DECADES that, in late 2009, GET OUT of the stock market...

Lately, I heard him interviewed on a Podcast.

He stated that "What is occurring now is an "appetizer" , anticipating what will happen in the future...

I hate to say this, but I BELIEVE HIM!!

This has nothing to do with politics, or anything, other than sheer demographics- the determination of people, at certain ages, to do predictable things.

And now, the BABY BOOMERS, the biggest group of humans in history, (in America, at least), are set to retire, and contract their spending DRAMATICALLY.

The results are very predictable:

Hugely reduced spending. (The kids are through college, and mortgage is paid)

Hugely reduced earning. (Retirement pensions)

Hugely reduced American ECONOMY! (Baby boomers crapped out!!)

Harry says that, at least by 2010 GET OUT of the stock market! Go money market.
THEN, after 10 years or so of DEPRESSION, you can invest again in the emerging markets, specifically INDIA.

But, the bottom line is this:

Between 2010 and 2012- GET OUT OF STOCKS!! Put your money in a money market fund, or in a jar in your yard. REALLY!!

Just 10 years will be sufficient to weather the depression...

Then, invest in ....

INDIA.

And other Asian countries.

The US will still be around, and fine, but we will be...second tier, kind of like Euro's are now...

Sorry! We did set the stage for Greco/Latin/Germanic culture to take over and transform the WORLD!

And so, we should take comfort from that: The Asians will take over: but it will be by "copying" us, and taking our culture as their own!

(Just as WE took over the ancient cultures of Greece and Rome! By Copying...)


Feel better?


Jay

Louis Navellier update for 11/07/08, conclusion...

We believe the stock market is in the process of mending. As you already know, but probably need to be reminded of in this highly volatile environment, the stock market moves ahead of the economy. It sells off before the economic data turn sour, and it rallies before they turn rosy.

This does not mean we expect the market to go straight up from here. We could very easily retest the lows, and possibly make new lows. But we think we’re very near the bottom, certainly low enough that these levels could look like a phenomenal buy a year or two from now.

More immediately, the economic data will get worse, and the market’s extreme rollercoaster ride will continue. Nevertheless, we think the trend is starting to turn upwards. Moreover, we believe the mood will improve with discussions of another stimulus package, another rate cut from the Fed on December 16, more rate cuts from foreign central banks, additional liquidity strategies from central banks, the holiday spirit, and year-end and first-quarter pension funding.

Have a good weekend.

Not to say anything bad about Obama.. but my son sent this....

YOU'VE GOT TO LOVE THIS RANCHER'S OUTLOOK & COMMON SENSE APPROACH TO LIFE

Post Turtle by ETPost Turtle by ET


While suturing a cut on the hand of a 75 year old rancher, who's hand was caught in the gate while working cattle, the doctor struck up a conversation with the old man. Eventually the topic got around to Obama and his bid to be our president.

The old rancher said, 'Well, ya know, Obama is a 'Post Turtle''.
Not being familiar with the term, the doctor asked him what a 'post turtle' was.
The old rancher said, 'When you¢re driving down a country road and you come across a fence post with a turtle balanced on top, that's a 'post turtle'.

The old rancher saw the puzzled look on the doctor's face so he continued to explain. 'You know he didn't get up there by himself, he doesn't belong up there, and he doesn't know what to do while he's up there, and you just wonder what kind of dumb ass put him up there to begin with'.







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