Sunday, August 15, 2010

Charles Nenner Updates

So far his preditions had been pretty accurate. Check out this previous post: http://sgretailinvestor.blogspot.com/2010/06/charles-nenner-2010-2011-investor.html

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:
  1. http://sgretailinvestor.blogspot.com/2011/01/charles-nenner-2011-updates.html
  2. http://sgretailinvestor.blogspot.com/2010/09/charles-nenner-track-record.html
  3. http://sgretailinvestor.blogspot.com/2010/06/charles-nenner-2010-2011-investor.html

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