Sunday, April 18, 2010

Previous post follow up report

Ok, so I was wrong about the date of the last stock market hick-up, in my previous posts I said the stock market would have 1 more correction either the last week of March or first week of April, should have realized everyone would be doing their taxes and not worring about the stock market, but instead just let me say, I may have missed it by about 10 days but in my defense while Phil Graham and the Republicans were calling this a mental recession that is all in the democrats heads, I was predicting the fall of the housing market as clearly evidenced in this blog, long before Geitner, long before the Fox news network and even before most of the media except for Thom Hartmann on progressive talk radio.

So lets see, whats my track record, since 1996....well predicted the tech bubble crash, spoke out about removing glass-steagal act long before I ever wrote a blog, got fired from CountryWide, hmmmm probably to ethical to swim in that shark tank, which is ironic since I now work for Bank of America! LOL!

Lets see won the 33rd Wall Street Journal Dartboard contest in March of 2009 beating my competiton by over 23% and my stock pick up a whopping 41% in the six months of the contest September 30, 2008-March 31, 2009 <--see wall street journal dartboard contest at www.wsj.com search: Dartboard.

So overall, I have a darngood track record, so good in fact I am currently tracking 2973rd in the www.CNBC.com guess the dow contest, sponsored by the Kentucky Derby. I encourage you all to play it is quite fun.

Hold on to your 401Ks, House Titles, Stock Portfolios and Bank accounts, the rest of 2010 is going to be a bumpy ride! (especially at the gas pump and grocery store.)

May April 20, 2010 Dow Jones not follow Asia, and go softly into the night.

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