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: We are likely approaching a second buy signal in stocks – July 10

Mac Slavo
July 10th, 2009
Read by 81 people

Harry Dent, of HS Dent Investments, issued a Forecast Update to subscribers this morning. HS Dent is closely watching market moves, as we are nearing a turning point. Some analysts suggest that we may see a continued correction that may bring the S&P 500 level down to as low as 800 – 810 if the S&P can significantly break under the 880 resistance area. Mr. Dent, on the otherhand, believes we may be reaching a turning point in the correction, with an upswing to follow. No buy signal has been issued as of yet.

We continue to advise patience as we are likely approaching a second buy signal in stocks. Our oscillators are getting more oversold, but still not as low as we would like. The Dow broke support at 8,225 and now the next targets are around 7,950 and 7,800. If we don’t see a stronger turnaround today, stocks are likely heading a bit lower.

Harry Dent has previously forecast that oil would correct from the $70 level into the low 50’s, and this forecast is still intact. The next move for oil, according to Dent, would be a powerful move to the upside, breaking through the $100 mark and rising as high as $140. For now, watching and waiting is in order. A move into oil should not be made until the up-trend move is confirmed.

Visit Harry Dent’s Website…

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 81 people
Date: July 10th, 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.


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