
The Beginning of the End
A Masterstroke of Economic and Geopolitical Brilliance
Harry Dent’s September 17, 2009 Forecast Update recommends that investors pull out of the US equities markets. For those looking to make some money on the down-side, he recommends moving in to short positions by way of Inverse ETFs:
Today’s trading looks like a potential blow-off top. The U.S. dollar sentiment got back to 3% bullish yesterday and the dollar is very close to our buy target of 75.90 – 76.00 and the Euro has reached our more extreme target at 1.47. The markets are very overstretched here and we think it is very likely that we are seeing a top just above 9,800 on the Dow today.
This is the best intermediate term play we have seen in a long time. Shorting the stock market (for example, ETF symbol SH) could yield 50% to 60%+ gains over the next year with a 5% to 15% downside if the markets keep edging up for awhile, even to extremes.
It Took 22 Years to Get to This Point
Israel has rejected Hamas’ proposed changes to a Gaza ceasefire deal, saying it is "unacceptable."...
Donald Trump is now promising to send more weapons to Ukraine after shipments were stopped last...
Even though the mainstream media continues to claim the risk to humans from the bird flu is low, a...
After Houthi rebels attacked a commercial ship, Israel responded by bombing Yemen. This was the...
Commenting Policy:
Some comments on this web site are automatically moderated through our Spam protection systems. Please be patient if your comment isn’t immediately available. We’re not trying to censor you, the system just wants to make sure you’re not a robot posting random spam.
This website thrives because of its community. While we support lively debates and understand that people get excited, frustrated or angry at times, we ask that the conversation remain civil. Racism, to include any religious affiliation, will not be tolerated on this site, including the disparagement of people in the comments section.
Comments