The Web Bot Project has made many accurate and insightful predictions regarding future events that began in 1990's. Originally, it was created to track stock market trends, the Web Bot uses a system of spiders that crawl the Internet looking for predictable patterns of behavior, trends and chatter pertaining to future events.
Tuesday, April 27, 2010
Europe's debt crisis worsening? April 2010
S&P Downgrades Greece to Junk and Portugal's rating also is cut. Is this finally the start of the long awaited downtrend in the markets? Is Europes debt crisis going to get out hand and push the world economy down with it. Stock markets are selling off heavily today and may be start of the trend of downward momemtum and the contagion from the Greece crisis may be a cascade effect. Portugal is next. If you look at the stock markets its had its nice run for over a year now, its time to take some money off the table and give it a wait and see approach.
Thursday, April 1, 2010
Web bot vs The Plunge Protection Team 2009 / 2010
Another theory is "The Plunge Protection team" has done a great job propping up the stock markets making the web bot prediction wrong in predicting the next downturn in financial markets. How much longer can governments prop up the markets? Many believe this is a must to turn the economy around. The rich need to stay rich... right? Then more jobs follow and what we call capitalism lives long and strong. Is the story now, buy on any dips in the stock markets? Well the trend is your friend in investing so just follow the masses until you see otherwise. If governments are truly rigging the markets upwards by buying into stocks and stock index futures ...etc then don't bet against them. How much longer will they do this for is the real question. Many believe they will keep propping up the markets for a little while yet.
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