Taller is NOT Better!

Not many would resort to the Skyscraper Index Concept as a decisive investment decision tool. The concept was published by Andrew Lawrence and it suggests the worlds historic recessions were signaled by the construction of skyscrapers. Although he introduced this concept in 1999, he proved his point one more time. The recession we're in now was signaled precisely according to this concept. July 2007 marked the Burj Dubai (The worlds Tallest Building) surpassed the previous height record after construction reached the 141 level. According to the concept, a new skyscraper record is a "sell signal" for the market and a period of market downturn. In Aug. 2007 credit froze and led us to where we are today.

Our friend Antonia at CNBC.Com illustrated the concept as today is the official enveiling of the Burj Dubai. Find the article below.

http://www.cnbc.com/id/34631222

And for those of us that are foreign to the concept, here's a wiki link for ya!

http://en.wikipedia.org/wiki/Skyscraper_Index

Enjoy, and let's hope there won't be any proposals to surpass this gigantic building in ourlifetime. Better yet, in our childrens' time or EVER again.