Do you believe in Art Hogan's bottom?

bmaber

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Last year on October 9 2007 the DOW hit a record, 14000
On October 10 th this year it hit "Art Hogan's Bottom" about 7700 (watch the video of his now famous forecast:)

What the Pros Say: Swap Jitters, Bottom Searches - Economy * Europe * News * Story - CNBC.com

So the DOW is about 1/2 in one year to the day! so now what, even lower?? think about it, that would make this bigger than the great depression. As I look at the USA I still see more Millionaires, Mansions, Lear jets and limos than soup kitchens. If it goes lower it sure is not on any fundamentals.

(btw did you know: On Nov 11 1929 the DOW hit its all time low -- 40 points. )

Since October 10th 2008 Art Hogan's bottom has been firm! (ha ha potty humor) The DOW did go briefly a few points below the Oct 10th level, for only a moment, but it was so close to the October 10th number you could say it was more of a retest than an new low.

So the question is does Art Hogan's bottom hold up or do we drop further. My bet is we go higher, but in listening to professional traders half agree with me -- the other half think this is another dead cat bounce, up for a few days then down more.

From my thinking, when you can buy a company like a stable insurance firm like Prudential for 1/4 the price it was 12 months ago, you got ask yourself is this cheep or can the price go lower? Is it unwise to buy Prudential at 1/4 when you might get it for 1/8th.?? I think the market is dirt cheep. How cheep is cheep?

This recession started in the fall of 2007 and should go two years, the stock market tends to turn around half way though a downturn. Also historically December is an up month for the market. It sounds like Art Hogan's bottom really is the bottom of the crash of 2008. The current bounce also is accompanied by good action on the advance decline line and mounting volume, to me that says the trillions of institutional smart money is returning to the market. Even if it is not -- the very gloomiest prediction I heard was dow 6500 and if the market goes there it is bound to bounce back to the current level very quickly.

What do you think?
 
really could go either way, if you look at a monthly chart its is basically setting up for one big box play on the s&p
 

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:clap:Art Hogan’s infamous bottom call of 7,800 and change shall and will be broken soon, much to the chagrin of Andy Swan. Men in tight green leotards were buying stocks today, with the fervor of small head lice inside a bottle of vinegar. As you know, they were run over by large monster trucks today.

I, on the other hand, roamed my office, while listening to the music of the Gods. And, I ordered the burning of obscene amounts of incense. I ought to be careful, for the love of privacy. Soon enough the fire department will be dispatched to my office—no doubt.

With the market closing near the lows, I find myself making accurate calls, but not fully taking advantage of the slide. I find myself here, in a most egregious fashion, long stocks.

This is concerning, since I espouse the belief of much lower equity prices. To hell in a hand basket, I’ve done lost my mind and marbles.

Thanks to the abject failure of the U.S. Treasury, the market will go lower than any of you goat ****ers imagined. The pain will be so severe and so dreadful, you will wish and pray for a howitzer shell to the face.

With my money, at the close, I tilted my shorts to outweigh my longs. However, I still have lots of cleaning up to do. My guess, sometime tomorrow, I will figure this madness out and begin trading without manners, but with a certain amount of certitude.
 
The design of Mattel Children’s Hospital UCLA aims to create a compassionate healing environment that is as warm and inviting as a hospital can be. That Mattel has achieved such an atmosphere is clear from the moment families enter through the hospital’s dedi¬cated entrance off of Gayley Avenue and are greeted by an interac¬tive Welcome Wall, and it continues to prevail on the hospital’s third and fifth floors.

“We found that we harmonized very well with I.M. Pei’s concept of human-scaled space,” says Dr. Edward R.B. McCabe, physician-in-chief of Mattel Children’s Hospital UCLA. “In pediatrics, this is par¬ticularly important because kids can be intimidated by large spaces.” A butterfly canopy marks the Mattel entrance. The child-friendly décor of the main lobby features the 60-foot-long, 12-foot-high multimedia Welcome Wall of photographs, children’s art and video content displayed on eight screens. The messages include stories of hope, healing and recovery from patients and their families, as well as a view port into which children can peek and then find their own image projected on the screens.

The corridors upstairs are divided into three separate pods, with no grouping of patients larger than 26. Even within that group, a smaller-feeling environment is created by replacing the long-hallway arrangement of traditional hospitals with a quarter-circle design. Age-appropriate playrooms are bright and sunny, with views of the ocean on a clear day, and a large terrace on the fifth floor allows children to enjoy the outdoors. The theme of family-centered care is reinforced throughout the third and fifth floors. Nearly every patient room is large and private, with ample accommodations to allow parents to “room in” with their child. “It’s a natural instinct for a parent not to want to leave a sick child,” says Dr. Judith Brill, director of pediatric critical care at UCLA. “If parents can sleep and also can feel comfortable in that space, they are going to be more effective in helping to nurse their child back to health.”

Likewise, the 22-bed neonatal-intensive-care unit is built to ensure plenty of space around each baby’s bed so that healthcare providers can work in partnership with parents. The dim lighting and relative quiet are in tune with the needs of the tiniest patients, explains Dr. Sherin Devaskar, chief of neonatology. Dr. Devaskar is also excited by the unit’s geography. “We are now one of the few institutions that has the specialized capabilities of a children’s hospital juxtaposed with high-risk labor-and-delivery obstetrics,” she notes. “Being located between the two is a wonderful position from which to be able to interact with the mothers and fathers before the babies are born, and to be at hand in case a baby is in trouble. At the same time, if we need complex care for these babies, we are right next to the pediatric specialists as well.”

Beyond the warmth projected through the design and features of Mattel Children’s Hospital UCLA, there is the healing effect that comes from the huge windows that allow natural light to pour in. For Dr. McCabe, who recalls many times working in a hospital and not knowing if it was night or day, it all adds up to a move that he calls “one of the most exciting times of my career.”
 
:clap:Art Hogan’s infamous bottom call of 7,800 and change shall and will be broken soon, much to the chagrin of Andy Swan. Men in tight green leotards were buying stocks today, with the fervor of small head lice inside a bottle of vinegar. As you know, they were run over by large monster trucks today.

I, on the other hand, roamed my office, while listening to the music of the Gods. And, I ordered the burning of obscene amounts of incense. I ought to be careful, for the love of privacy. Soon enough the fire department will be dispatched to my office—no doubt.

With the market closing near the lows, I find myself making accurate calls, but not fully taking advantage of the slide. I find myself here, in a most egregious fashion, long stocks.

This is concerning, since I espouse the belief of much lower equity prices. To hell in a hand basket, I’ve done lost my mind and marbles.

Thanks to the abject failure of the U.S. Treasury, the market will go lower than any of you goat ****ers imagined. The pain will be so severe and so dreadful, you will wish and pray for a howitzer shell to the face.

With my money, at the close, I tilted my shorts to outweigh my longs. However, I still have lots of cleaning up to do. My guess, sometime tomorrow, I will figure this madness out and begin trading without manners, but with a certain amount of certitude.


Mate,

You gotta stop ripping off authors and taking there posts, not only is it unfair but also dangerous to anyone that believes the sh1t you talk is your own. This info is also long out of date and certainly does not belong to you.

Its copywrite by Ibankcoin.com, dont think they'd like you posting there info without prior permission and certainly with no regard to the original author.


Here is the link to this original posting:
Art Hogan Here We Come | Stock Picks, Trading Ideas -- iBankCoin


By the way, its very easy to track where people are from by way of IP adress and therefore find out who is using that terminal, shop or home. Be aware buddy, this is now your second rip off post as you've attempted to claim as your own.
 
The design of Mattel Children’s Hospital UCLA aims to create a compassionate healing environment that is as warm and inviting as a hospital can be. That Mattel has achieved such an atmosphere is clear from the moment families enter through the hospital’s dedi¬cated entrance off of Gayley Avenue and are greeted by an interac¬tive Welcome Wall, and it continues to prevail on the hospital’s third and fifth floors.

“We found that we harmonized very well with I.M. Pei’s concept of human-scaled space,” says Dr. Edward R.B. McCabe, physician-in-chief of Mattel Children’s Hospital UCLA. “In pediatrics, this is par¬ticularly important because kids can be intimidated by large spaces.” A butterfly canopy marks the Mattel entrance. The child-friendly décor of the main lobby features the 60-foot-long, 12-foot-high multimedia Welcome Wall of photographs, children’s art and video content displayed on eight screens. The messages include stories of hope, healing and recovery from patients and their families, as well as a view port into which children can peek and then find their own image projected on the screens.

The corridors upstairs are divided into three separate pods, with no grouping of patients larger than 26. Even within that group, a smaller-feeling environment is created by replacing the long-hallway arrangement of traditional hospitals with a quarter-circle design. Age-appropriate playrooms are bright and sunny, with views of the ocean on a clear day, and a large terrace on the fifth floor allows children to enjoy the outdoors. The theme of family-centered care is reinforced throughout the third and fifth floors. Nearly every patient room is large and private, with ample accommodations to allow parents to “room in” with their child. “It’s a natural instinct for a parent not to want to leave a sick child,” says Dr. Judith Brill, director of pediatric critical care at UCLA. “If parents can sleep and also can feel comfortable in that space, they are going to be more effective in helping to nurse their child back to health.”

Likewise, the 22-bed neonatal-intensive-care unit is built to ensure plenty of space around each baby’s bed so that healthcare providers can work in partnership with parents. The dim lighting and relative quiet are in tune with the needs of the tiniest patients, explains Dr. Sherin Devaskar, chief of neonatology. Dr. Devaskar is also excited by the unit’s geography. “We are now one of the few institutions that has the specialized capabilities of a children’s hospital juxtaposed with high-risk labor-and-delivery obstetrics,” she notes. “Being located between the two is a wonderful position from which to be able to interact with the mothers and fathers before the babies are born, and to be at hand in case a baby is in trouble. At the same time, if we need complex care for these babies, we are right next to the pediatric specialists as well.”

Beyond the warmth projected through the design and features of Mattel Children’s Hospital UCLA, there is the healing effect that comes from the huge windows that allow natural light to pour in. For Dr. McCabe, who recalls many times working in a hospital and not knowing if it was night or day, it all adds up to a move that he calls “one of the most exciting times of my career.”

Fcuk knows what this has to do with anything on here whatsoever but you could have just posted the link:

UCLA UCLA Medicine Magazine: A Child?s Place: Mattel Children?s Hospital UCLA

Failing that, dont bother posting it at all as it has no relation to thread, although it does say alot about your state of mind perhaps.:LOL:
 
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