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User Info Harry Dent Aug. 2011 Update in forum [Presentations]
Oldno7
Posts: 2138
Incept: 2008-11-14
Gold
RECALL STATE USA
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IT'S THE SPENDING STUPID The US must become less a government of men, and more a government of LAW.
When people lose everything and have nothing left to lose they lose it -Gerald Celente
Drhooves
Posts: 614
Incept: 2008-01-09
Green
Central IL - "the land of crooks and windbags"
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Thanks for posting OldNo7. Mr. Dent's explanation of the mid-term outlook in layman's terms is excellent. If I recall, short term bounce to 1220 for the next week or two, final downleg of wave 1 in later Sep through Oct to around 1020 or so, then another bounce near a new high of around 1300 to 1350, before the next plunge early next year.

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Gen says "it" is coming because:

"Balance sheets have two sides!"......and
"You can't count a single dollar twice!"
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