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.
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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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