Updates in mid July 2010:
- An intermediate high for stocks later this month (Aug 2010), followed by a late-August slide that retests recent lows
- A strong rebound into September
- After September, stocks should fall to a major low due Christmas Eve. Watch for the break of S&P below 1025
- DOWS will be around 7000 and perhaps overshoot to 5000
- The economy will not begin to recover until 2020
- Stocks to invest in:
- Lennar (LEN)
- Toyota Motors (TM)
- ExxonMobil (XOM)
- ConocoPhillips (COP)
- ING (ING)
- Regions Financial (RF)
- Alcoa (AA)
- IBM (IBM)
- Best Buy (BBY)
- Reuters/Jeffries CRB Index
Other Charles Nenner Posts:
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