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Reply #36: So sorry, did not mean to attack the messenger [View All]

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Turbineguy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-02-09 01:02 PM
Response to Reply #27
36. So sorry, did not mean to attack the messenger
Edited on Mon Mar-02-09 01:06 PM by Turbineguy
I do not do that on principle. I should have made that clear in my post. The fact is the views are interesting.

Martin Weiss has been around a long time with essentially the same message. According to author Alexander Elder, people don't change but markets do. The market seems to finally have caught up with Weiss. But that doesn't mean he's right. People are not linear whereas extrapolating from a few points is.

And that is usually the way these reports work. The conclusions come first and then the relevant facts are inserted to prove the conclusion. Those facts that do not support the desired conclusion are left out.

The Dow may very well reach whatever low number you like. But that's because the market has been ruined, and not entirely due to some economic imperative.
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