2010-03-12

Harry S. Dent March update

Harry S. Dent is one of my heroes, one the market and economic forcaster which has been the most accurate and reliable (and coincidently, he is a deflationist for the current economic collapse).

He just published on YouTube a March video update to his newsletter, and his conclusion is that the rally is probably going to go higher, up to 1240 on the S&P until May, and that you should start selling at this point.


That said, since every market crash in history (or every one of those I have heard about) occured in the between June and late October and that generally speaking, November to May are bull months, he's not taking a major risk in his forecast. But it's interesting to note that.

Coincidently, Arch Crawford was also mentioning the same kinds of targets and timeframes...

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