How Much Lower Do You Think the Stock Market Can Drop?

Over the past number of months we’ve had some pretty big swings in the market and also in public opinion of what will happen with  stocks in the future.  I came a cross an objective article written by Anthony Mirhaydari comparing predictions of a few who follow Wall Street…..

Anthony has his commentary and opinion, which I will show some of below, but he also has written about some pretty interesting predictions from Charles Nenner regarding cycles and fate.  He noted that most of his past predictions have been “spot on”, so might worth taking a look at his new ones.

He’s also written about another scenario predicted by David Rosenberg which is definitely gloomy.   He’s suggesting the next sustainable bull market won’t arrive until 2012 at the earliest. 

Oh but wait until you see what technical analyst Robert Prechter predicted….. Take a look….. then please comment ~ I’d love to hear your opinion!

Back to Anthony…. you can read the entire article here, and excerpts below.

“How things have changed. Just three months ago, all was right in the world. The economy was roaring back to life. The stock market was flying to new highs. continue reading »

A Big Day in History

Today the world will be put on hold for a bit while a day in history is made. I have many friends actually attending the inauguration  (along with the projected 2 million others!).  I for one am glad to be in a warm spot watching from the comfort of my own home.  I will be able to see the close ups, the comments made, as well as have a bathroom at my access!

The world is hopeful that things will change.  I’ve attached a link to Kip Herriage’s recent blog , as he has a concern (as do others) that the change being planned might not be enough.  Read it and let me know your thoughts.  Meanwhile take in today as you witness history being made!

Until next time, J.

“Take control of your destiny or someone else will”

Congressional Budget Office Sees a Record Deficit in '09 – Want To Know How Much?

Did you see the news today and the budget deficit that the CBO is projecting? $1.2 TRILLION! You need to read the book ( I.O.U.S.A. ) that I talked about yesterday. There is no better time than now to start a business for yourself, if you haven’t already. Here’s part of the story below on msnbc .

The U.S. federal budget deficit will hit an unparalleled $1.2 trillion for the 2009 budget year, according to grim new Congressional Budget Office figures.
The CBO estimate released Wednesday also sees the U.S. economy shrinking continue reading »