August 4, 2009 Forecast update from Harry S. Dent Jr of HS Dent Investments.
The S&P 500 just hit its sentiment highs of October 2007 at 89% and could go as high as 92-94%, and the NYSE 21-day oscillator has hit a level of 300 on the overbought side. This is signaling that we are getting very close to at least a short term high. This makes buying here more risky and raises the odds we could see a top currently or in days rather than as late as early September.
Get the full forecast update and monthly economic forecasts at HS Dent Investments…
It Took 22 Years to Get to This Point
Speaking to author and podcaster Dana Parish, former Centers for Disease Control and Prevention...
The United States just made a decision that could lead to World War 3. The current ruling class...
Russia has just announced that conscription in the former Soviet Union is "unnecessary" as...
This article was originally published by Michael Snyder at The Economic Collapse Blog. This...
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