tag:blogger.com,1999:blog-547276048038789798.post8662801974514332959..comments2024-02-26T10:14:10.039-08:00Comments on Deflation Land: The Feds panicked todaychristiangustafsonhttp://www.blogger.com/profile/07216348353801614419noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-547276048038789798.post-12310252905220424222019-09-14T07:17:40.723-07:002019-09-14T07:17:40.723-07:00Armstrong has always been on board a phase transit...Armstrong has always been on board a phase transition - blow off bull move similar to what happened going into the 1929 peak - and has mentioned 35,000 numerous times. What he has persistently said on rally attempts is "not ready for prime time yet." His prime set-up is what he terms calls a sling shot, where stocks sell-off hard to get the bears fully positioned, then wipe out the bears as stocks rocket to new highs. <br /><br />Pre-prez years are usually good, though that's what they said in 2007, and bad things often happen in election years, such as 2000 and 2008.<br /><br />When bond yields start to rise then you'll have your recession, and bonds always rise while in this position, and may have already begun so.Kevinhttps://www.blogger.com/profile/04698279995158493856noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-44078854853111100932019-09-11T17:41:46.790-07:002019-09-11T17:41:46.790-07:00s&p now within 24 months (give or take a month...s&p now within 24 months (give or take a month or two) from hitting 4,000. (even armstrong is now on board calling for dow jones 35,000 by 2021) . economy is just too strong and getting stronger in spite of the donald still not getting a trade deal done. there should be at least a 10%+ pullback between now and then with possibly a couple 5% pullbacks along the way. <br /><br /><br />as for "the recession" the mainstreet keeps talking about, don't see one for at least 3-4 years which by then we could possibly see s&p print a 5k number. <br /><br />so far, 2019 is the best year for the s&p during trumps presidency---3rd year ; )<br /><br />no reason to sell if you're in for 3+ years.<br /><br /> T.Berryhttps://www.blogger.com/profile/06984133082818670078noreply@blogger.comtag:blogger.com,1999:blog-547276048038789798.post-23771429345276089432019-08-13T19:09:22.772-07:002019-08-13T19:09:22.772-07:00Good luck, lads.Good luck, lads.christiangustafsonhttps://www.blogger.com/profile/07216348353801614419noreply@blogger.com