“Well we got off easy with the Dow closing down ‘only’ 600 points.
“So does this change my sell recommendation? No, it does not. If we have a global recession coming, I just don’t see the US economy being strong enough to pull everybody else out of it, rather I see them pulling us down with them. …
“What I do is watch the trends and when the trends turn negative that’s when I say it’s time to sell. The trends have definitely turned negative and I see this trend getting worse.”
— Excerpt contributed by Philip Robins
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| Z-val: | Ken Moraif |
| Via: | Money Matters |
| Date: | 8/24/15 |
| Disposition: | Long-Term Bearish |
| S&P 500 on 8/24/15: | 1893 |
| S&P 500 on 8/24/16: | 2175 |
| Change: | +14.9% |
| Judgment: | Wrong |
Z-val definition and more forecasts in The Z-val Zone.
