Re: Peter's track record is still in tact
in response to
by
posted on
Nov 24, 2010 08:13AM
Edit this title from the Fast Facts Section
Klaus. I had to think back as I have been a Peter follower now for years, hence my "green" color. So you can understand why I may seem a bit fervant about his record as frogs like dogs are loyal creatures.
You asked me to show you if you were wrong regarding what Peter actually said from his bottom call in 2009 until this November. I think if you read these past posts of his it’s clear he indeed called for what he termed the greatest bear market rally; continued to believe the DJIA could get to 10,500-11,000 months beforehand, and even then suggested 11,300 before he officially put his bear suit back on. For example:
7 months after his bottom call he still saying it can get to 11,000 http://www.grandich.com/2009/10/special-update-2/
One year after his market bottom call (not 2-3 months), he was clearly still looking for the market to go higher. I think all aboard is no bearish call http://www.grandich.com/2010/03/update-17/
Even in July he sees pressure coming only after the elections http://www.grandich.com/2010/07/update-20/
In late September he continues to suggest a trading range http://www.grandich.com/2010/09/update-24/
Then in late October, he prepares us for a possible sell signal http://www.grandich.com/2010/10/update-25/
He then of course did indeed put his bear suit on again and for now at least, it was within 24 hours of the top. (Not sure what he means by those two suitcases he's carrying but am sure we will find out along the way!) People can say what they want about Peter he's definitely not real wishy washy. Like I said in my original post, I think Peter has been quite good on key tops and bottoms and was just looking to see if anyone knew of someone else with these types of spot on calls.
Now its back to the pond for me. Actually I am on my way to the Detriot airport to catch a flight out east for Turkey Day. Maybe I will have to post my own utube video to this blog to show you what I experience at the hands of some TSAer....or maybe again I won't as the scanner is starting to look good to me and those pictures wouldn't be pretty! LOL