economy, INVESTMENT ADVICE, STOCK MARKET

NEXT STOP ON THE DOW IS 13,00o TO 14,000 THOUSAND

Sunday Nov 15th

PCLN down -138 points on Monday Nov 9. But up +25 points the Friday before.

Some of my readers can´t believe they made 100 points in one day. PCLN has been on my list of stocks to Short or Buy puts on.

The next leg of the bear market began last week and may continue till the yearend tax selling period.

Buy the VIX and keep buying puts.

To those  readers who are  asking if we are getting close to a buying area in gold. The answer is NO. I don´t see a bottom until 850 or 900.

I am sorry to see one of my predictions come true. 3 months ago some of our military and politicians said ISIS was slowly being wiped out. I said: “No, they are just getting started to grow”

I think the events in Paris this weekend prove that I am sorry to say: “THESE HEARTBREAKING EVENTS are going to get BIGGER and more FREQUENT”.

I hope I am wrong.

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2 thoughts on “NEXT STOP ON THE DOW IS 13,00o TO 14,000 THOUSAND

  1. JOE SHOON says:

    Went to Applebees nov 11th Vet day solo. thought about you & abe when we last ate there. didn’t call abe, hear he’s not doing well in the memory area.i was pissed
    at the service, the hostess seated me immediately & laid the abbreviated vet menu
    on the table. i was seated no more than 5 ft. from the servers station, 10 min. went
    by & no waiter approached me. i called the waitress & she replied “in a minute”!
    i started getting hot; was it because i was chinese or a vet and they thought they weren’t going to get a tip? i got lucky, out of the blue,Julianna, Franz daughter
    came over & took care of me. what a pleasant surprise!

    HAPPY THANKSGIVING TO YOU, CECILIA & THE KIDS! .

    • hey joe,don t take it to heart,l just think people are just not as considerate any more ,l wish l could have been there,l will never forget how you and abe just took me in as afriend ,almost like we were already friends for years,and at a time when lneeded a friend

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