Does the 2009 market rally still have legs? Aug-Sept 2009 (2/2)

This video is from August 31, 2009, posted on Gann Global Financial at http://www.gannglobal.com/stock-market-forecast-bullish-09-09-01/.

It argues that the 2009 rally that started in March still has a way to go. The analyst uses historical projections from seven other upswings following a 50% plus drop going back to 1908. It is based on the WD Gann's methodology as explained at the above-linked website. I do not necessarily endorse these projections, but they are worth knowing and should not be ignored.

Investors who (correctly) critique the polices of the Fed and subscribe to an Austrian-style theory, even if correct at a macro level, have missed a huge trading opportunity by insisting that gold and only gold, silver and the like are safe investments. One should get information and perspective from various sources.

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