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Post# of 79026
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CaribbeanJim

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CaribbeanJim

Re: Nirvana post# 33478

Wednesday, 08/23/2006 11:17:42 PM

Wednesday, August 23, 2006 11:17:42 PM

Post# of 79026
Nirvana - I disagree with targets too. I don't use them in my work. Nearly everyone I have ever followed that used a long-range target was so far off that it did more harm than good. Harry Dent has one of the worst records of anyone when it comes to targets.

As far as Dent is concerned, it is the direction and the timing of the spending decline which are important. Dent and Prechter both agree on that one!



Jan 4 - We have transitioned into a bear market. Completely different rules apply.
May 23 - IMO, any price at/above this close makes a great Nasdaq/SP500 short.

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