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Re: Echo20 post# 186

Thursday, 11/10/2016 12:49:37 PM

Thursday, November 10, 2016 12:49:37 PM

Post# of 512
The Dow posted New All-Time High Today.
I can't believe I made my prognostication a year ago. So far the DJIA did make a new all time high, more than once. The Junk Bonds are slowly defaulting and the corporate delinquency rates are rising but not as fast or at the level where I thought they would be today.

So I have to push my entry point back again from November to the middle or late January 2017. I will keep you posted as it approaches.

I don't want to make a major mistake of the past "Getting in too early and playing catch-up".

The SDOW went from $18.00 to $23.00 then it dropped all the way down to $12.15 over the year. I honestly never thought it would go below $15.00. How low can it go? Who knows but the lower it goes the better the entry point will be for us.

We have been patient all year, a few more months won't hurt and our stock's are up! Just remain vigilant and be prepared to sell all your stocks and Buy the SDOW in the next few months.