Skip to main content

I was wrong.

I admit it.  I was wrong...at least with the timing.  I thought that the stock market would peak by at least the end of March (if not the end of last year), and it still blasted higher in April and May.

So until I'm right, you don't have to believe me when it comes to this.  But do you think that perhaps the stock market might take a dive soon?  It looks set up to do so...if not now then sometime before the end of the year.

What do you think?

Below is a Dow Jones Industrial Average chart from 1973 to the present, showing clearly the three bubbles we've had - the tech  bubble, the housing bubble, and the QE bubble (which hasn't burst yet).

https://www.google.com/finance/getchart?q=.DJI&p=40Y&i=86400


Comments

Popular posts from this blog

The Islamic State has beheaded at least 21 Christians in Libya.

Whenever a Muslim brings up the Crusades, I have to laugh to myself.  Christians have done horrible things, including in later crusades against Constantinople and the Cathars in particular.  However, get this.  The Islamic State militants said, "Safety for you crusaders is something you can only wish for" right before butchering Egyptian Christians. It seems that many Muslims haven't taken a single history class.  If they had, they would have known that Christians existed in Egypt for 400 years before Islam.  (Heck, they were even around to murder Hypatia, perhaps the last major ancient female philosopher.)  It was the Muslims who were the "Crusaders"...yet almost nobody will admit to this.  Muslims instigated a merciless war against Christian Egyptians until they were overcome and under Islamic domination.  They did this to people across the world, from Spain to India...massacring any who resisted.  They tried to destroy the Byzaintine Em...
Sokal-style hoaxes work for religious postmodernists, but (post) modernism is the real hoax Modernism in art and architecture, and postmodernism in philosophy are, like religion, insults to human intelligence.  Unfortunately, many people fall for their hollow propaganda. The "Sokal Affair" was a hoax whereby a man called Alan Sokal submitted a postmodern-sounding article to a postmodern journal.  It turns out that the English you hear isn't just unintelligible to you, but it's unintelligible to the people at the journal as well.  But if it's unintelligible, it must be profound, right?  The journal quickly accepted it, not knowing that it was all fake B.S.  They then got embarrassed when they were told that it was pompous-sounding drivel. Religion has done the same thing.  When people can't understand something, they generally think it's much more profound than if they can understand it.  If a priest speaks Latin, wears some weird costume, and sp...

In Defense of...Cecil Rhodes?!

You all know Cecil Rhodes, right?  He was a British Imperialist (living from 1853-1902) who founded the De Beers diamond mining and trading company.  Just this morning, I came upon a post comparing him to Adolf Hitler, and claiming that Cecil Rhodes killed at least 60 million Africans.  It has been shared 99 times.  Here is the post: https://plus.google.com/+TonyJefferson/posts/CZ6HW3AxDo6 Unlike many, I decided to do some research on it.  That is my nature.  I don't accept things without evidence given, and even when no evidence is provided, I search for evidence.  If after looking, no evidence is forthcoming, then I discount the claim unless compelling evidence does surface.  After my research on this topic (taking up about an hour of my day and 28 open tabs on my browser...but still an enjoyable time because this is what I like to do), I found that my initial skepticism was well justified and that this comparison is incorrect.  Adolph H...