Friday, August 28, 2009

New Piece by Martin Armstrong - the Biggest Bull in the room?

Okay maybe he's not the biggest Bull in the room but he is certainly predicting the dow to 30,000 by 2015! his economic confidence model has been dead on for the past 20 yrs in key turning points of markets. he's looking for a test of the march 2009 lows by 2011 and then it will be off like a rocket.

the only reason i can see a 30,000 dow would be a massive devaluation in the dollar, we're seeing that at this moment.... for the dow to drop back to the march 2009 lows and the the dollar to continue its devaluation the two would have to become positively correlated insted of the negitive correlation they currently have.

great read none the less

Will the Dow Reach 30,000 by 2015? 0809

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