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<h2 class="wp-block-heading has-text-align-center">Prior to the Housing Bubble Burst and the 2008-09 Financial Crisis... </h2>
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<h3 class="wp-block-heading has-medium-font-size"><strong>Newsletter editor gets defensive</strong></h3>
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<p><em>Sept. 6, 2007 </em>- InvesTech says that "Bull markets don't die of old age, they die from deterioration and economic imbalances, and we are seeing economic imbalances now."</p>
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<h3 class="wp-block-heading has-medium-font-size"><strong>Surviving in a Hostile Market</strong></h3>
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<p><em>Nov. 2007 - George Brooks:</em>  The wild card today, according to Stack, is the bursting of the housing bubble, which developed more as a result of leveraged mortgage products than from overpriced houses. It's only a matter of time, he says, until the housing debacle and credit crisis adversely impact the overall economy, increasing the likelihood of a recession.</p>
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<h2 class="wp-block-heading has-text-align-center">InvesTech Issued this warning prior to the Housing Bubble Burst!</h2>
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<h3 class="wp-block-heading"><strong>Bear Market Warning Flags!</strong></h3>
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<p><em>July 27, 2007 </em>- Since our last issue, the DJIA has hit nine new record-closing highs. Yet, at the same time, two of our primary indicators have turned bearish...</p>
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