A customer asks: “Come September
we will be witnessing the Grand Super Cycle bottom. I wish to seek your views
on buy and hold shares people like me. Would you advise that one should not
hold any before the 90 days arrive? I am retired and won’t be affected much by
career matters. I don’t have any form of business to operate. So, my nest eggs
$ is in the stock market.”
Answer: he upcoming Grand Super Cycle bottom will most likely be a
mild affair -- much milder than Bud Kress originally anticipated. I think
the main reason for this is because the 2008-2009 credit crash was so severe
that it, much like the 1929 market crash, satisfied the demand for the 40-year
cycle bottom a few years early. The odds of a crash between now and
September are slim and any correction the market may suffer between now and
then should be only temporary and likely won't derail the bull market which began
in Q2 2009.
