Daily Stock Market Update. June 11th, 2014. InvestWithAlex.com

A down day with the Dow Jones down 102 points (-0.60%) and the Nasdaq down 6 points (-0.14%)

Most indices opened up with a gap down, suggesting a near term bounce. With that said, don’t get too complacent here. The massive bear market of 2014-2017 is just around the corner. Make no mistake about it.

I keep hearing two lines of thought. One suggesting that this bull market is in a dangerous territory” followed by a big BUT “there are just too many bears out there”.

Well, I think it dangerous to suggest that the market is in a “dangerous territory”. A more accurate description would be comparing today’s stock market and valuation levels to a “40ft container full of TNT with a lit fuse disappearing inside of it”.

In terms of “too many bears” the chart below speaks for itself. Most bears have been squeezed to death as the fear/bearish index falls below 2007/2000 levels. I wonder what happens next?

This is further confirmed by my mathematical and timing work. Again, my work shows a severe bear market between 2014-2017. When it starts it will very quickly retrace most of the gains accrued over the last few years. If you would be interested in learning which way it will break and when, please CLICK HERE

(***Please Note: Due to my obligations to my Subscribers I am unable to provide you with more exact forecasts. In fact, I am being “Wishy Washy” at best with my FREE daily updates here. If you would be interested in exact forecasts, dates, times and precise daily coverage, please Click Here). Daily Stock Market Update. June 11th, 2014 InvestWithAlex.com

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