Preps and Solutions
(Sponsored Ads)
Strategic Relocation
Recently Posted Articles and Videos
Ready Nutrition - Homesteading and Preparedness
Ready Gardens - A Ready Nutrition Company
The Daily Sheeple
The Prepper Website
SGT Report
SGT Report
top Prepper Web Sites
Featured Destinations
The Liberty Mill
Web Destinations

Clarocet for Kids

Harry Dent: Sell Signal at S&P 958 on July 21

Mac Slavo
July 21st, 2009
Comment (1)
Read by 119 people

Harry Dent Jr., of HS Dent Investments, has issued a short-term sell signal for the broad markets in his Forecast Update of July 21, 2009:

We are recommending that most investors sell here with the intention of rebuying if we correct near term and break back convincingly above the levels hit today near 960 on the S&P 500. The reason we recommend this two-pronged strategy (to sell now and then potentially quickly rebuy) is that the potential gains if we do see a break out to the upside could be very substantial — as high as 11,300 on the Dow, or 25%!

Our recommendation is to sell stocks today around 958 on the S&P 500 or by the end of the day if it doesn’t quite hit that level. Then we will advise on rebuying depending on how the markets react in the days ahead. Depending on your own risk tolerance you may want to sell partially and then sell more or buy back depending on how the markets react.

Subscribe to Harry Dent’s Forecast Updates…

Click here to subscribe: Join over one million monthly readers and receive breaking news, strategies, ideas and commentary.
The Most Trusted Tactical Gas Mask In The World
Please Spread The Word And Share This Post

Author: Mac Slavo
Views: Read by 119 people
Date: July 21st, 2009

Copyright Information: Copyright SHTFplan and Mac Slavo. This content may be freely reproduced in full or in part in digital form with full attribution to the author and a link to Please contact us for permission to reproduce this content in other media formats.

One Comment...

Vote: Click here to vote for SHTF Plan as a Top Prepper Web Site

Web Design and Content Copyright 2007 - 2015 SHTF Plan - When It Hits The Fan, Don't Say We Didn't Warn You - All Rights Reserved

Our Supercharged Intel Xeon E5-2620 v4 Octo-Core Dual Servers are Powered By Liquid Web

Dedicated IP Address:

The content on this site is provided as general information only. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a financial interest in any company or advertiser referenced. Any action taken as a result of information, analysis, or advertisement on this site is ultimately the responsibility of the reader.

SHTFplan is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to