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July 28, 2009 – Comments (1) | RELATED TICKERS: LVS , GCI , WYN

Market will continue to go up for another 2-3 weeks. Probably not a lot, but most of the good stocks (see my portfolio) will continue to outperform market nicely.

Then,  (mid-August approx.) the bad news will start coming out (some new disease, a few bad earnings projections, earthquake in Tazbekistan...) and market will start going down sharply.

It won't go down for a long time (4-6 weeks is my guess, but this I don't know for sure), but it will fall just enough that all the chickens start screaming: "The end is near. Get out now, and don't come back. S&P is going down to 200. We knew it was coming...".

Then,  market will start going back up again. All the good stocks (that will fall a lot during the previously mentioned, very short bull market correction) will start going back up. Majority of them will be triple or more the today's price by the end of the year (2009, if you lost track).

By then, more and more people will be geting frustrated because they missed the huge oportunity, and will start getting back into the market at that time.

Unfortunately, by then, the party will be over. The market will start behaving like a mad cow and will again shake all of those safe-show-me-good-news-investors, and will go sideways for a year or so.

Then, the second leg of this biggest-ever bull market will start. Nobody will believe it again... 

1 Comments – Post Your Own

#1) On July 28, 2009 at 11:19 PM, millionby24 (< 20) wrote:

LOL

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