From entry dated aug.15:
"Pullback to 12500 +/-200 within next 2 - 8 weeks, small end-of year rally back up to 13200 by end of year. Financials volatility for next few months. end 2008 at 15500 +700-500, with more chaff burnt off, lower rate?, higher comps(latter half 08). Cant beat the housing dead horse forever. Definite dent in consumer discretionary spending. However consumers only account for 1/3 of economy (or is it 2/3?? - i forget), but the marketcap dropoff from pullback dents mid-upper class personal/business reinvestment/spending/etc. I.e. reducing stock holders networth by a trillion or whatever has bigger impact than a hundred billion of loan default on the economy, nonetheless a soft-landing."
Off by $64.82 for 2007. Not too bad eh? Dow finished at 13,264.82. Still think my prediction for 2008 will hold up? What's in YOUR wallet?
Comments: View Comments | Tuesday January 1, 2008
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Archive Comments (3)
dl -
Leggy Lady
Da GAMS O'da SLO Game Gangster Mob
I have some predictions for 2008
1) the market WILL Vary.
2) China will release moe A/B shares for Foreign Ownership once again FLOODING US Mkt with China Stock Supply and Prices go Down. China Play - inter-Market ARBITRAGE as SmartMoney always does.
3)I make Money; somebody else gets the GIRL ( I hate it when THAT happens. Don't YOU ??? ).
4) Einstein's 'Human Stupidity' remains largest INFINITY in the uNIVERSE - beating out Dimensions of SPACE.
5) WAR and Rumours of Wara.
Top 5 - I don't want to do a TOP 10 List - it's too Dark & Foreboding & David Letterman has the KopyRighted Franchise.
Oh, yeah
6) VikingWarrior voted SLO Beauty Kon-Test Miss Congenialty & Prophetic Historian Saga-Sayer.
Don Lee Ferk ( aka VikingWarrior )
SLO-Port : RuthLessIntent.
PS : 7) VW continues to "Not Take Things too Seriously ".
Posted by don ferk January 2, 2008 12:56 AM
DL,
I;ve got a few More 2008 Pre-Dictions - ToWit
8) Waxing Solar Stocks 'wane' and having gotten too close to the SUN -
CRASH to earth like Icarus on Steroids
9) College Students become Independently EnLightened &
Stop Believing the Lies their Liberal AZZLE Profs are telling
and start singing their own Tunes
The Top Tunes @ University America in 2008 -
all by Phil Ochs .
Top 3 are given below.
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I'm Going to Say It Now - Phil Ochs
Album: There But for Fortune Phil Ochs Sheet Music
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Oh I am just a student, sir, and only want to learn
But it's hard to read through the risin' smoke of the books that you like to burn
So I'd like to make a promise and I'd like to make a vow
That when I've got something to say, sir, I'm gonna say it now
Oh I am just a student, sir, and only want to learn
But it's hard to read through the risin' smoke of the books that you like to burn
So I'd like to make a promise and I'd like to make a vow
That when I've got something to say, sir, I'm gonna say it now
Oh I am just a student, sir, and only want to learn
But it's hard to read through the risin' smoke from the books that you like to burn
So I'd like to make a promise and I'd like to make a vow
That when I've got something to say, sir, I'm gonna say it now
Oh you've given me a number and you've taken off my name
To get around this campus why you almost need a plane
And you're supporting Chang Kai-Shek, while I'm supporting Mao
So when I've got something to say, sir, I'm gonna say it now
I wish that you'd make up your mind, I wish that you'd decide
That I should live as freely as those who live outside
Cause we also are entitled to the rights to be endowed
And when I've got something to say, sir, I'm gonna say it now
Ooh, you'd like to be my father you'd like to be my Dad
And give me kisses when I'm good and spank me when I'm bad
But since I've left my parents I've forgotten how to bow
So when I've got something to say, sir, I'm gonna say it now
And things they might be different if I was here alone
But I've got a friend or two who no longer live at home
And we'll respect our elders just as long as they allow
That when I've got something to say, sir, I'm gonna say it now
I've read of other countries where the students take a stand
Maybe even help to overthrow the leaders of the land
Now I wouldn't go so far to say we're also learnin' how
But when I've got something to say, sir, I'm gonna say it now
So keep right on a-talkin' and tell us what to do
If nobody listens my apologies to you
And I know that you were younger once 'cause you sure are older now
And when I've got something to say, sir, I'm gonna say it now
Oh I am just a student sir, and only want to learn
But it's hard to read through the risin' smoke from the books
that you like to burn
So I'd like to make a promise and I'd like to make a vow
That when I've got something to say, sir, I'm gonna say it now
[ Additional verse, 1974 ]
So I am just a trucker, sir, and I only want to learn
But it's hard to read the the rise of the smoke
From the fuel that you like to burn
So I'd like to make a promise and I'd like to make a vow
That when I've got something to say, sir, I'm gonna say it now
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When I'm Gone - Phil Ochs
There's no place in this world where I'll belong when I'm gone
And I won't know the right from the wrong when I'm gone
And you won't find me singin' on this song when I'm gone
So I guess I'll have to do it while I'm here
And I won't feel the flowing of the time when I'm gone
All the pleasures of love will not be mine when I'm gone
My pen won't pour out a lyric line when I'm gone
So I guess I'll have to do it while I'm here
And I won't breathe the bracing air when I'm gone
And I can't even worry 'bout my cares when I'm gone
Won't be asked to do my share when I'm gone
So I guess I'll have to do it while I'm here
And I won't be running from the rain when I'm gone
And I can't even suffer from the pain when I'm gone
Can't say who's to praise and who's to blame when I'm gone
So I guess I'll have to do it while I'm here
Won't see the golden of the sun when I'm gone
And the evenings and the mornings will be one when I'm gone
Can't be singing louder than the guns when I'm gone
So I guess I'll have to do it while I'm here
All my days won't be dances of delight when I'm gone
And the sands will be shifting from my sight when I'm gone
Can't add my name into the fight while I'm gone
So I guess I'll have to do it while I'm here
And I won't be laughing at the lies when I'm gone
And I can't question how or when or why when I'm gone
Can't live proud enough to die when I'm gone
So I guess I'll have to do it while I'm here
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- There But For Fortune - Phil Ochs
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Show me a prison, show me a jail
Show me a pris'ner whose face has grown pale
And I'll show you a young man
With many reasons why
There but for fortune, go you or I
Show me an alley, show me a train
Show me a hobo who sleeps out in the rain
And I'll show you a young man
With many reasons why
There but for fortune, go you or I
Show me the whiskey stains on the floor
Show me a drunk as he stumbles out the door
And I'll show you a young man
With many reasons why
There but for fortune, go you or I
Show me a country where the bombs had to fall
Show me the ruins of buildings so tall
And I'll show you a young land
With many reasons why
There but for fortune, go you or I
You or I
Posted by don ferk January 2, 2008 1:38 AM
DL,
OK , OK
For the SLO Bo Derrick '10', I'll go the X-Tra Mile & push it UP to Ten Booms.
10) IN The Future Walks Today - Franz Schiller
In Today's Current Events lie Tommorrow's Trends which will be Reflected in the Stock Market.
I'll be 'There' before There gets There.
The Strategy of the Dolphin --- Future Vision & ACTING on it soonest.
Don Lee Ferk
( Master of Psycho / Psychic-History )
Posted by don ferk January 2, 2008 2:24 AM