Agoracom Blog

Ater Predicting 14,000 Top, 7,500 Bottom, Grandich Calls Capitulation Bottom

Posted by AGORACOM at 9:43 AM on Friday, October 10th, 2008

We recently announced the acquisition of and the merger of Peter Grandich into AGORACOM as Chief Commentator. I personally made this decision after interviewing Peter over the last 3 years and watching his uncanny ability to call tops and bottoms in markets and commodities.

For example, back in October of 2007, when markets were sitting at all-time highs, Peter went on the record several times and advised he was shorting US markets.

Today, via this post on his blog, Peter stated:

“While I do believe the worse is not yet over, especially for the economy,
I think it’s time to lock in tremendous profits and stand aside. I’m seeing
classic signs of a capitulation bottom.”

When Peter speaks, I listen and would suggest all of you have a read of his post.


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