Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality

Iraq Dinar/News is a popular topic among many topics this board offers.

See the footer of the board for our Facebook and My business pages.

Be sure and join our Dinar Only Newsletter Email list. It is located on the right. Your User Account Email when joining the board is for with in Neno's Place use of board information which you can control in your profile settings.

Neno

NOTES:
For "Advertising" with in my board to our Membership and Visitors see our "Sponsor Ad Info" in the Navbar. Neno's Place receives a low of 50,000 views a week to over 100,000 plus many times thru out the year.

I can be reached by phone or text 7am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.
Established in 2006 as a Community of Reality

Longest Dinar holding Community. Reach Admin by Private Message. Copyright © 2006-2017


https://www.armstrongeconomics.com/qa/does-the-dow-need-to-break-the-2015-low-or-did-the-sp-500-fulf

Share

Lobo
Moderator
Moderator

Posts : 18038
Thanked : 883
Join date : 2013-01-12

https://www.armstrongeconomics.com/qa/does-the-dow-need-to-break-the-2015-low-or-did-the-sp-500-fulf

Post by Lobo on Thu 18 Feb 2016, 6:07 pm


QUESTION: Mr. Armstrong, since the S&P did break last year’s low, does that qualify for a slingshot if the Dow does not?
Thank You for all you do
GW
ANSWER: We do not have to make a new low in the Dow. The S&P 500 penetrating last year’s low was sufficient. We are approaching our target for the shift in confidence in the euro on 2016.202. This may cause a bid in the Dow, which is where international capital seeks to park money.
These are EXTREMELY difficult times. They are not easy to forecast, to say the least. This is certainly not a time for OPINION for sometimes it may be right, and other times dead wrong. The numbers are the numbers as is TIME. We have to realize that everything happens for a reason. We closed lower at year-end and that warned of this correction, just as we closed above 1044 in gold. Absolutely everything takes place according to a fine order. Our job is to listen to the markets for they are trying to speak to us. We have to comprehend what they are saying.
Look closely at the oscillator. It is starting to curve back up. With the euro looking very weak, we may yet see a real crisis coming in confidence.
https://www.armstrongeconomics.com/qa/does-the-dow-need-to-break-the-2015-low-or-did-the-sp-500-fulfill-that-requirement/

    Current date/time is Fri 09 Dec 2016, 11:20 am