{"id":448,"date":"2009-03-05T15:41:10","date_gmt":"2009-03-05T21:41:10","guid":{"rendered":"http:\/\/sagantech.com\/blogs\/?p=448"},"modified":"2009-03-05T17:00:04","modified_gmt":"2009-03-05T23:00:04","slug":"80-points-away","status":"publish","type":"post","link":"https:\/\/sagantech.com\/blogs\/?p=448","title":{"rendered":"80 points away"},"content":{"rendered":"<p>My first post of this blog on\u00a0<a href=\"http:\/\/sagantech.com\/blogs\/?p=1\">Monday, October 20th, 2008 <\/a>predicted s&amp;p at 600. We are now less than 80 points away.<\/p>\n<p>The following charts shows that the current market downtrend exceeds the losses (thus far) of the stock market crash of (1929) the great depression:<\/p>\n<p><a href=\"http:\/\/dshort.com\/charts\/bears\/four-bears-large.gif\">\u00a0<img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/dshort.com\/charts\/bears\/four-bears-tn.gif\" alt=\"\" width=\"254\" height=\"185\" \/><\/a><\/p>\n<p>Jon Stewart&#8217;s Daily Show also has a very funny and informative piece about CNBC (or CNBS as some refer to it). For the most part I tend to pretty much go by the philosophy that CNBC is a contrary indicator. Whatever they say to do, do the opposite.<\/p>\n<style type='text\/css'>.cc_box a:hover .cc_home{background:url('http:\/\/www.comedycentral.com\/comedycentral\/video\/assets\/syndicated-logo-over.png') !important;}.cc_links a{color:#b9b9b9;text-decoration:none;}.cc_show a{color:#707070;text-decoration:none;}.cc_title a{color:#868686;text-decoration:none;}.cc_links a:hover{color:#67bee2;text-decoration:underline;}<\/style>\n<div class='cc_box' style='position:relative'><a href='http:\/\/www.comedycentral.com' target='_blank' style='display:inline; float:left; width:60px; height:31px;'><\/p>\n<div class='cc_home' style='float:left; border:solid 1px #cfcfcf; border-width:1px 0px 0px 1px; width:60px; height:31px; background:url(\"http:\/\/www.comedycentral.com\/comedycentral\/video\/assets\/syndicated-logo-out.png\");'><\/div>\n<p><\/a><\/p>\n<div style='font:bold 10px Arial,Helvetica,Verdana,sans-serif; float:left; width:299px; height:31px; border:solid 1px #cfcfcf; border-width:1px 1px 0px 0px; overflow:hidden; color:#707070; position:relative;'>\n<div class='cc_show' style='position:relative; background-color:#e5e5e5;padding-left:3px; height:14px; padding-top:2px; overflow:hidden;'><a href='http:\/\/www.thedailyshow.com\/' target='_blank'>The Daily Show With Jon Stewart<\/a><span style='position:absolute; top:2px; right:3px;'>M &#8211; Th 11p \/ 10c<\/span><\/div>\n<div class='cc_title' style='font-size:11px; color:#868686; background-color:#f5f5f5; padding:3px; padding-top:1px; line-height:14px; height:21px; overflow:hidden;'><a href='http:\/\/www.thedailyshow.com\/video\/index.jhtml?videoId=220252&#038;title=cnbc-gives-financial-advice' target='_blank'>CNBC Gives Financial Advice<\/a><\/div>\n<\/div>\n<p><embed style='float:left; clear:left;' src='http:\/\/media.mtvnservices.com\/mgid:cms:item:comedycentral.com:220252' width='360' height='301' type='application\/x-shockwave-flash' wmode='window' allowFullscreen='true' flashvars='autoPlay=false' allowscriptaccess='always' allownetworking='all' bgcolor='#000000'><\/embed><\/p>\n<div class='cc_links' style='float:left; clear:left; width:358px; border:solid 1px #cfcfcf; border-top:0px; font:10px Arial,Helvetica,Verdana,sans-serif; color:#b9b9b9; background-color:#f5f5f5;'>\n<div style='width:177px; float:left; padding-left:3px;'><a target='_blank' href='http:\/\/www.thedailyshow.com\/full-episodes\/index.jhtml'>Daily Show Full Episodes<\/a><br \/><a target='_blank' href='http:\/\/www.comedycentral.com\/shows\/important_things\/index.jhtml'>Important Things With Demetri Martin<\/a><\/div>\n<div style='width:177px; float:left;'><a target='_blank' href='http:\/\/www.indecisionforever.com'>Political Humor<\/a><br \/><a target='_blank' href='http:\/\/www.jokes.com'>Joke of the Day<\/a><\/div>\n<div style='clear:both'><\/div>\n<\/div>\n<div style='clear:both'><\/div>\n<\/div>\n<p>One thing I should mention is that Santelli was against the bailouts for wall street also. Most MSM commentators seem to miss this.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>My first post of this blog on\u00a0Monday, October 20th, 2008 predicted s&amp;p at 600. We are now less than 80 points away. The following charts shows that the current market downtrend exceeds the losses (thus far) of the stock market crash of (1929) the great depression: \u00a0 Jon Stewart&#8217;s Daily Show also has a very [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-448","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/sagantech.com\/blogs\/index.php?rest_route=\/wp\/v2\/posts\/448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sagantech.com\/blogs\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sagantech.com\/blogs\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sagantech.com\/blogs\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sagantech.com\/blogs\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=448"}],"version-history":[{"count":10,"href":"https:\/\/sagantech.com\/blogs\/index.php?rest_route=\/wp\/v2\/posts\/448\/revisions"}],"predecessor-version":[{"id":458,"href":"https:\/\/sagantech.com\/blogs\/index.php?rest_route=\/wp\/v2\/posts\/448\/revisions\/458"}],"wp:attachment":[{"href":"https:\/\/sagantech.com\/blogs\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sagantech.com\/blogs\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sagantech.com\/blogs\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}