Robert-
Please, what are the implications for 'the top of the
spending cycle'? Tks for any comments.
Chas
----
On Wed, 20 Feb 2008 17:02:37 -0600
"Robert Pardo at Mindspring" <rep@xxxxxxxxxxxxxx>
wrote:
> Hi Ira,
>
>
>
> I was astonished by this the first time I saw it.
>
>
>
> But it just points out what I have always suspected.
> Even incompetent
> companies can make lots of money if they get in front of
>demand.
>
>
>
> Regards,
>
>
>
> Bob Pardo
>
>
>
>From: realtraders@xxxxxxxxxxxxxxx
>[mailto:realtraders@xxxxxxxxxxxxxxx]
On
> Behalf Of Ira
> Sent: Friday, February 15, 2008 4:46 PM
> To: Undisclosed-Recipient:;
> Subject: [RT]
>
>
>
> In doing some cleanup I ran across a chart that I had
>stashed since 1992.
> It is from a book by Harry Dent. The title of the chart
>is The Spending
> Wave Extended and it goes from 1920 until 1990 with
>actual data and then has
> the projections from there until 2040. It was based
>upon birth trends and
> looking at it today it appears to have been very
>accurate in its
> projections. It shows a spending peak between 2000 and
>2010 rising from a
> trough between 1980 and 1990. According to this we are
>at the peak of the
> spending wave and the next trough is projected between
>2020 and 2030. That
> one I don't think I will have to worry about.
>
>
>
> It appears that over the past 8 years the administration
>has been able to
> make this projection come true. Now let us see if this
>is truly the top of
> the spending cycle for a while.
>
>
>
> Ira
> www.delta100.com
>
>
>