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Monday, 02/08/2021 12:49:29 AM

Monday, February 08, 2021 12:49:29 AM

Post# of 785
Nowwhat versus Harry Dent

Well, he's kind of a Cycles guy....So I wouldn't know....
I should probably spend some time researching his website tho before I go drawing conclusions.....Where it reads :

Instead of focusing on endless graphs that assume people behave rationally, Harry instead looks at real people, making real economic decisions for themselves and their families. He combines demographics with actual spending to inform his research.

https://harrydent.com/

I mean ; He's calling for a 70-80% correction in the Dow sometime over the next 18 to 24 months.


Which although that seems unthinkable, actually LOOKS do-able....* Provided one totally disregards support Levels......








https://www.youtube.com/watch?v=4LqDdENaFdI&feature=youtu.be








Hey !.....Fascinating discussion that, but WAIT !......Have a look !

http://www.somethingguaranteedsafe.com/harry-s.-dent.html






True my Red Dot (1st chart) should be up slightly higher (at what appears to be say 24,000) because his forecast appears to have been written in March 2018 :

Between March 29, 2009 and March 30, 2018, the Dow experienced a massive 241% run-up. Now, the Federal Reserve is in the process of reducing its bond portfolio. The banks will have to begin a massive sell off in the future, and Dent forecasts this single factor will cause a Stock Market Crash by the end of 2018.






Anyways, regardless, it's all still good food for thought




Also looks like he prefers to use Logrithmic charts (if/when he does use charts)


I'm not too sure that I like that approach (mind you - I haven't exactly attended Harvard - Just barely scraped thru Grade 12)





So.....I'm sure he's a heck of a lot smarter than me.........(and that, it's just that he's not nearly as good of a chartist)

he-he




For eg : TOKYO 40,000 Baby !.......BRING IT ON !







nowwhat 2020

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