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dpdoor (30.57)

Black Tuesday

Recs

8

May 25, 2010 – Comments (4)

I have been saying for 2 years, the market it worth 8500, add to that the percentage you think we will grow in a year. Lately, I have been saying 9600 now and 8500 if Pres. Obama does not bail out the state governments.

 I am short the market, may take my profits today and am looking for deals in the auto sector.

4 Comments – Post Your Own

#1) On May 25, 2010 at 7:30 AM, XMFSinchiruna (27.95) wrote:

Looks like an ugly morning ... good time to be long (or adding) gold and silver.

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#2) On May 25, 2010 at 8:08 AM, dpdoor (30.57) wrote:

As a note: In my blog of Sept 20 2007 when RIMM was at 120 I explained why it would be at 54 in 2010. I use mathematical formulas, these aren’t just predictions. I was trying to help people not loose money.

In 2008; In my blog I said the market would go to 6700; a few months later it did. In several blogs I warned about the dow crossing 11,000, why it would cross 11k and how it would cause a slow burn down or a crash. The most recent one was Feb 18th of this year. Most of my predictions come true, but very few, almost no one, have agreed with me.  

I value GE at 15.50 and it is at 15.50, the dow at 9600 and we may see that today (I feel the dow is only worth 8500 but I do expect growth and add for that.) I think the first of next month you will see good auto sells numbers for May.

I am trying to help those who don’t have time to do the math.

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#3) On May 25, 2010 at 5:05 PM, dpdoor (30.57) wrote:

It worked very well today. Closed shorts in a.m., bought and keept HMC and a ton of ntwk,they do the auto lesing, it's back in fashion! Did some GE and F for the day, should have keept em, there was a 2 million buy of GE at the end of the day, they bought lower then the last price! A very good sign for GE and the ovearall market.

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#4) On May 25, 2010 at 5:17 PM, dpdoor (30.57) wrote:

Still short some HOG, the big buyers don't seem to like em. But they will probably go up with the market. 

From 07 to now portfolio is doing very well, (68% gain) in the top 98 percentile as I understand it. When works slow it's how I pay the bills. I have become a recession expert since I only play just before the recessions start till they finish; since ‘87

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