Don Rich

Don Rich
Location
Malvern, Pennsylvania, USA
Birthday
April 10
Title
Instructor Economics, History and Political Science
Company
Delaware County Community College
Bio
B.A. Johns Hopkins 1988 M.A. JHU/SAIS 1990 ABD University of California, Irvine Instructor of Economics, History, Political Science Delaware County Community College 2001-present Author "The Fiscal policy of George W. Bush" in Bird in a Bush Algora 2004 and other publications. Vice President Philadelphia Chapter Business Economics 2006-present Vice President Council on Emerging National Security Affairs 2005-2006.

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OCTOBER 31, 2009 5:45PM

The phi theory of the Dow

Rate: 2 Flag

The phi theory is to take the market peak, which is always 20 per cent overvalued as the base, and mulitply by one, and then apply the following sequence: 1, .8,.61,.5,.39

That implies critical levels of

10,000 at .8

8300

7000

5400

where the latter means war.

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Comments

Type your comment below:
You don't get many trick-or-treaters, do you?
I DO think more war is the only thing that can keep this economy which is, already, on life-support awhile longer.


rated
the great powers. no many trick or treaters.
a war is actually a bad idea, but some people like to play life and death games to get what they want: control freaks.