Just As I Said, Part II
About 15 months ago, this blog alerted you that the stock market appeared to be graphing the face of a cat, and suggested that you pay attention.
Six months ago, this blog noted that the graph was proceeding as expected, and predicted (based on a continued belief in the cat-face model) that the S&P 500 would bottom out between 800 and 900.
Yesterday, the long-term graph of the S&P 500 showed its first uptick since mid-2007. Just above 800. Completing the left ear. Fulfilling the prophecy. Validating this blog's preeminence in strategic investing. But leaving open the question of what happens next.
Six months ago, this blog noted that the graph was proceeding as expected, and predicted (based on a continued belief in the cat-face model) that the S&P 500 would bottom out between 800 and 900.
Yesterday, the long-term graph of the S&P 500 showed its first uptick since mid-2007. Just above 800. Completing the left ear. Fulfilling the prophecy. Validating this blog's preeminence in strategic investing. But leaving open the question of what happens next.
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