8/19/2014 – Another up day with the Dow Jones up 81 points (+0.48%) and the Nasdaq up 19 points (+0.43%).
As ZeroHedge Reports: “Soros Put” Rises To Record: Is The Billionaire Investor Betting On Market Crash?
Soros has once again increased his total SPY Put to a new record high of $2.2 billion, or nearly double the previous all time high, and a whopping 17% of his total AUM.
While a portion of this position is a hedge, it is now too big to be “just a hedge”. In other words, while your typical CNBC money manager Yahoos run around proclaiming that the market is on the verge of a “Once In A Life Time Surge”, market legends such as Soros and Icahn are getting ready for a major decline. I suggest you do the same.
This conclusion is further supported by my mathematical and timing work. It clearly shows a severe bear market between 2014-2017. In fact, 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 when the bear market of 2014-2017 will start (to the day) and its internal composition, 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. August 8th, 2014 InvestWithAlex.com
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George Soros Is Expecting A Market Crash…..Should You? Google