I am absolutely convinced that a number of
members on
this list are totally unaware of what the
moderator has
been asking.
What is so difficult about DO NOT CUT/PAST
FROM
OTHER SOURCES.
I post quite a bit and ALL my posts (good bad or
otherwise)
are ORIGINAL work and will continue to be.
I may from
time to time post links to something that I think
would
be of interest but never the damn cut and paste
that is
going on without reason.
Clyde
- - - - - - - - - - - - - - - - - - - - - -
- - - - - -
Clyde Lee
Chairman/CEO (Home of
SwingMachine)
SYTECH
Corporation email: clydelee@xxxxxxxxxcom
7910 Westglen, Suite 105
Office: (713) 783-9540
Houston, TX
77063
Fax: (713) 783-1092
Details
at:
www.theswingmachine.com
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----- Original Message -----
Sent: Thursday, April 03, 2008 4:53
PM
Subject: RE: [RT] Glenn Neely - "Dark
Clouds on the Horizon"
Not sure
that Glenn would appreciate private subscriber emails being published across
the net.
Sent: Thursday, April 03, 2008 6:46 PM
] Glenn Neely -
"Dark Clouds on the Horizon"
Sent: Thursday, April 03, 2008 5:56
PM
|
From: |
Website@xxxxxxxxcom |
|
|
|
Subject: |
NEOWAVE: "Dark Clouds on the
Horizon" |
|
Date: |
Thu, 3 Apr 2008 08:32:06
-0700 |
In mid January I announced "THE BULL MARKET IS
OVER." Since then, the S&P has consolidated in a wild range for more
than 2 months. The amazing part is that an increasing number of
professionals on TV are talking about the "bargains" to be had. Many also
seem to believe January's low (now that it has been "tested) is the bottom
of the bear market.
According to NEoWave, this bear market has
only just begun! There is so much downside to go that it actually scares
me to look at monthly wave charts. Without question, this is the most
bearish I have been on the U.S. stock market and economy in my 25 year
career. NEoWave structural conditions are so bad that a U.S., or even
global, financial collapse is likely within the next 6-18 months.
The last time I was bearish on the U.S. stock market was 8 years
ago at the highs of the year 2000. NO ONE believed me at that time, but
this time around more are willing to listen. Why? In 2000, at the very
start of the bear market, optimism is always high and fundamentals are
rosy. Now, 2/3's of the way through this 13 year bear market, psychology
has shifted significantly, so the bearish case seems more believable. But,
what most people don't realize is how much worse fundamentals (and
psychology) will get. Most believe THIS is the bad period. In the not too
distant future, we will look back at this "credit crisis" as the good ole
days!
Based on how markets and psychology work, the optimism the
U.S. public had at the highs in 2000 will be met with an equal level of
pessimism near the future low of 2010 to 2012. We've seen how quickly Bear
Stearns, a major U.S. corporation, can go from "healthy" to bankrupt. A
similar situation is about to occur for the entire U.S. financial system.
Long-term subscribers know that, unlike many of my competitors,
I've been mostly bullish and optimistic on the U.S. stock market and
economy for most of the last 25 years. Only at the high in 1987, the high
in 2000 and the high in 2007-2008 did I have any intermediate-term
bearish view. But, this time around I'm more concerned than I have ever
been about the U.S. economy and stock market.
There has never been
a more serious time to prepare for unexpected financial events. As always,
TIMING is the most crucial aspect of this process. To improve your timing
and protect your capital, NOW is the time to act. Go to
http://www.neowave.com/product.asp and select the S&P
Trading and Forecasting service that is most appropriate for you.
Good luck,
Glenn Neely
NEoWave, Inc.
You rock. That's why Blockbuster's offering you one
month of Blockbuster Total Access, No Cost.
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