Trade the Cycles

Sunday, February 15, 2009

"The Stimulus Plan: How to Spend $787 Billion"

"The Stimulus Plan: How to Spend $787 Billion," see http://projects.nytimes.com/44th_president/stimulus. "A detailed look at the final package passed by Congress, based on estimates by House and Senate committees and the Congressional Budget Office."

The fact of the matter is that government spending/stimulus can't get us (US and the world) out of this mess, because, no surprise, it's very cycle dependent. The S & P 500 (SPX) put in a bearish double top at 1576.09 on 10-11-07 versus a cycle high at 1552.87 on 3-24-00, more than 7.50 years apart, which was a very long 60 yearish bull market peaking in dramatic rollover mode, see http://tradethecycles.blogspot.com/2009/02/s-p-500-spx-super-bull-market-ended-on.html, which means that the US and the world are now in a multi decade economic/stock market downcycle/bear market, which no government can prevent. Look at Japan, whose Nikkei 225 stock index is about 1/5th (20%) of where it was 19+ years ago, see http://finance.yahoo.com/q/ta?s=%5EN225&t=my&l=off&z=m&q=c&p=&a=&c=.

.......http://www.JoeFRocks.com/

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