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"All hell breaks loose" in the stock market... starting today, according to Arch Crawford's...

"All hell breaks loose" in the stock market... starting today, according to Arch Crawford's astrology-based investment newsletter. Before you laugh too much, his letter predicted the 2008 collapse and has outperformed the market so far this year.
Comments (11)
  • Really? SA disappointing m..
    26 Jul 2010, 10:16 AM Reply Like
  • Keep smokin' that bad ju-ju buddy...
    26 Jul 2010, 10:17 AM Reply Like
  • Read the article.... Can i laugh now?
    26 Jul 2010, 10:18 AM Reply Like
  • Blind squirrel finding an acorn, broken clock is right twice a day, sun shines on a dogs ass every now and then, I think we have lots of ways to describe astrology-based investing.
    26 Jul 2010, 10:19 AM Reply Like
  • Yup, keep 'um coming, everyone actively working their portfolio needs a good laugh now and then.
    26 Jul 2010, 10:26 AM Reply Like
  • To be fair, let's check back at the close. Since the overnight headlines/commentary were universally bullish, the market stands at least some chance of falling out of bed today.
    26 Jul 2010, 10:28 AM Reply Like
  • Hard to see that. FDX raising guidance (seekingalpha.com/news/...) is a very bullish indicator for the economy and market.
    26 Jul 2010, 10:30 AM Reply Like
  • Even a broken clock is right 2x a day...
    26 Jul 2010, 10:37 AM Reply Like
  • Met a futures day trader who relied on astrology. Claimed the robber barons of the past century did the same. (She told me the study at the Biltmore House had the Zodiac on the wall. Can't confirm). She claimed to do very well, but I hear the same when someone shows up to work after gambling on the boat on the weekend and claims how well they did. Never hear when they lose.
    26 Jul 2010, 10:59 AM Reply Like
  • Any given thing can happen on a given day, so distrust "day" forecasts, like "day" trading.

     

    But a prediction that this year could be down because of causal factors, e.g. that 2010 will be down, like most mid-term election years (other than 2006), might have merit.
    26 Jul 2010, 11:20 AM Reply Like
  • One needs to look closely at the S&P 500 over the last few months. Since the end of April we've been in a downward sliding channel with lower lows and lower highs, up until Friday when we broke out of that channel and even finished above the 200 D Moving average.
    26 Jul 2010, 01:57 PM Reply Like
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