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


Labels:

Comments

Post a Comment

Popular posts from this blog

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...
3 comments
Read more

The Dark Side of the Women's March

The recent Women's March, which took place in Washington and numerous other cities one day after the inauguration of President Trump, may go down as the largest protest in American history. Millions showed up to these events to advocate for women's issues and to protest against Donald Trump. While very few would find fault in a women's march in and of itself, upon inspecting this women's march further, some disturbing information comes to light. The Women's March was thankfully quite peaceful, unlike Inauguration Day when the group Antifa (the "anti-fascists"), although stymied by the police, were ironically able to carry out their own mini "Kristallnacht" (or rather, "Kristalltag"), smashing windows and setting fires in broad daylight. The Women's March appears to have been non-violent and there were apparently no arrests. However, problems start to manifest themselves when we look at the people who set up and spoke at th...
1 comment
Read more

The Sixth Great Mass Extinction and Human Survival

Recently, there have been numerous articles about a study showing that we are in the midst of the Earth's sixth great mass extinction.  Below are some quotes, and then I will give my thoughts. "Miami (AFP) - The world is embarking on its sixth mass extinction with animals disappearing about 100 times faster than they used to, scientists warned Friday, and humans could be among the first victims." "Not since the age of the dinosaurs ended 66 million years ago has the planet been losing species at this rapid a rate, said a study led by experts at Stanford University, Princeton University and the University of California, Berkeley." "The study "shows without any significant doubt that we are now entering the sixth great mass extinction event," said co-author Paul Ehrlich, a Stanford University professor of biology." http://news.yahoo.com/sixth-mass-extinction-us-study-210749359.html This is sad, although it's not news.  I ...
1 comment
Read more