Dow and S&P 500 Super-long-term: How much longer longer, how much farther? Let the past be your guide. Apart from your dog it's the best friend you've got. The trick is to realise it. Chart is a bit of a mess so will upload a second without the BS
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S&P 500 Super-cycle update: All trends remain positive whilst S&P holds above 2540. Minimum upside target at 3996 and potentially as high as 8,000 over the next 13 - 15 year period. 25 points of downside risk from here. And 1500 upside. Minimum.
This past week (Today is Sunday, 11-5-2017)
"Robert R. Prechter JR." was interviewed on " Fox Business News "
1 = One of the questions = What do you think about the " ? Markets ? "
"Roberts Comments" (This is not word for word) but close.
a = The "Markets" are topping in a big way.
b = The "Markets" could top at any time.
c = What ever is left to the upside is not "WORTH THE RISK".
2 = Another questioned asked = What type of decline do "You" ( Robert) think will happen ?
"Robert" gave two answers.
a = 1929 style correction.
b = 1966 style correction.
c = What ever path "The Markets" take "Will Not" be forgotten for many "YEARS" to come.
3 = Another questioned asked. What do "You" (Robert) recommend people do to protect yourself.
a = Hold cash.
b = Hold short term treasuries.
c = Put your "Money in Good Banks Only". --- ("I" One Eye Jim --- like "Federal Credit Unions" the best.)
"I" will stop here. "This is for Education Only" --- (This is not a "Buy or Sell" signal) --- Please do your own homework.
Just sharing some information. ("I" One Eye Jim --- did not make this up. This interview did happen.)
"Robert R. Prechter JR." was interviewed on " Fox Business News "
1 = One of the questions = What do you think about the " ? Markets ? "
"Roberts Comments" (This is not word for word) but close.
a = The "Markets" are topping in a big way.
b = The "Markets" could top at any time.
c = What ever is left to the upside is not "WORTH THE RISK".
2 = Another questioned asked = What type of decline do "You" ( Robert) think will happen ?
"Robert" gave two answers.
a = 1929 style correction.
b = 1966 style correction.
c = What ever path "The Markets" take "Will Not" be forgotten for many "YEARS" to come.
3 = Another questioned asked. What do "You" (Robert) recommend people do to protect yourself.
a = Hold cash.
b = Hold short term treasuries.
c = Put your "Money in Good Banks Only". --- ("I" One Eye Jim --- like "Federal Credit Unions" the best.)
"I" will stop here. "This is for Education Only" --- (This is not a "Buy or Sell" signal) --- Please do your own homework.
Just sharing some information. ("I" One Eye Jim --- did not make this up. This interview did happen.)