As a spiritual-futurist, I have a BA degree majoring in history. One cannot know the future without knowing the past which holds clues to what is on the horizon. The world is in such a rapid expansion of knowledge that we are close to entering a tipping point that will forever change earth as we know it.
How's the investing going these days? Are you in the stock market or on the side lines? Who can tall me where you might be able to make a 30-35% return on your investment? I am sure that such opportunities are out there now that Obama has SAVED OUR BACON from the Bush recession- near depression.
If you haven't caught on by now, I'm setting you up! :-)
Here's the good deal the Obama administration has given us. Since March, or in the last six months, the US$ has LOST 20%. Let me put it to you like this. If you hid $100 in a mayonnaise jar for the last six months, it's now worth only $80 and not because of moths! So, if this pace continues the US$ will be worth 30-35% less come March 2010.
Thanks alot Barack!
And to make matters worse (do we have to go there?), the potential for another downturn, otherwise known as a "W" in economic parlance, looms larger by the day. Richard Russell list his top 4 concerns as-
(1) The bullish percentage of NYSE stocks in bullish trends is declining
(2) The percentage of NYSE stocks trading above their 50-day MA is declining.
(3) The Transportation Average continues to decline.
(4) The Dow is pressing against important resistance at 10,000. The S&P 500 is pressing against important resistance at 1100. The Nasdaq is pressing against important resistance at 2200. The big even numbers often represent stiff resistance.
Ah, that's just technical stuff. We've nearly survived the dreaded month of October which is historically down, so what's the worry? How about hyper-inflation, stagflation, or maybe something really bug that goes BUMP in the night. After all, it's almost Halloween.
Trick or Treat? Are we being set up or what? :-(
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