>>Cramer - "we all know it's going to end badly, but in the meantime we can make some money"
>>
http://www.zerohedge.com/news/2013-03-05/last-time-dow-was-here>
>As the last time was in 2007, so just from "normal" inflation ~10% more should be possible,
>IMO a bit more as I believe inflation to be lower in consumables and housing as the other investment option having dropped in value.
>The trick clearly is to get out before summit is reached, so my estimate is another 5%. Your tip ?
I have no concrete prediction as to a further upward percentage as I lie firmly in the money-pumping is good for equities camp. My general prediction is that equities will continue to rise so long as rates are held near zero and QEx continues. I can read the tea leaves once they fall but I do not presume to be in the mind of the policymakers, thus I cannot predict "when" they will change course. I am letting my equity portfolio run yet I stand ready to liquify at a moment's notice.
My tip : Don't fight the FED. ;)
Note : I'm still haven't decided my post-liquification move. On the one hand tightening should see a rise in USD value thus cash could be king, however, the risk of inflationary pressure suggests solid assets are the better repository. Thoughts?
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