Aloha All: Another turning point may be here, like 14,198.10 Dow on 10 October 2007, and 6469.95 Dow on Friday 6 March 2009.

We think the S&P 500 this time may go as low as seven times trailing $40 earnings or 280 after record insider selling and secondary offerings.

If half a century of free market experience is any guide, there may be intense disbelief at this turning point too.

On Valentine’s Day this year we emailed family, friends and colleagues Dawning of the Aquarius Market, mentioning BGU>21, DZK>31, ERX>25 and TNA>17, suggesting as much as a 6000 point Dow rally, when most of us were slumbering bears.

The email was off by a fortnight, many Dow and pick points. ♥ Charts with Hearts Public Stockcharts Portfolio#1 did better, grabbing the bottom the first week of March 2009 and setting up a number of 100%+ total returns in quality market leaders at extreme dividend discount values. Closely-held dividend discount private letter and portfolios did best.

BGU went from 13.95 to 54.91, DZK from 17.49 to 91.75, ERX from 16.19 to 43.10, TNA from 10.20 to 49.49, with total returns of 1268%, averaging 317% each. Past performance does not guarantee future results, maybe better.

These four supermodels illustrate the value of having courage to step up to the box to go against the crowd when most of us are fearful or greedy. We intend to do better now, and in the future.

Daily upkeep with trademark ♥ Charts with Hearts Stockcharts cuts into profitable time. People lose money and interest in bear markets. Thus we send timely notice here now re going private by the end of the month.

We continue the closely-held dividend discount private portfolio#1 as a $1000 Annual Seasonal One Year Moneyback Guaranteed Subscription for non-accredited accounts, and private 1% asset-10% profit AIM Accredited Incentive Management for accounts over $10 Million.

Model picks here now are BGZ>20.13, EDZ>6.86, FAZ>19.29, FXP>8.44 and TZA>11.18. We may have positions in these from time to time.

JubileeProsperity Regards*Rich

This entry was posted on Friday, September 18th, 2009 at 9:12 pm and is filed under Market Psychology. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.