10/19/2014 – An up day with the Dow Jones up 15 points (+0.09%) and the Nasdaq up 19 points (+0.38%)
Forget about 2000 and 2007 bear legs. By now most money managers have forgotten about what had happened in August. BARRON’S: Wall Street’s big money is more bullish on stocks today than before the market chaos in August
That’s why I thought it would be an opportune time to re-post this little gem.
I couldn’t agree more with Mark Spitznagel here. Apparently he made over a Billion (at least Intraday) during August’s market drop. It appears that our fundamental and market views match up to about 95%. So, instead of me yapping about this for the 100th time, I will let Mark tell you what he thinks.
“If August was scary for people, they ain’t seen nothin’ yet.”
If you participate in financial markets, this interview is definitely worth a few minutes of your time.
This conclusion is further supported by my mathematical and timing work. It clearly shows a severe bear market between 2015-2017. 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 2015-2017 will start (to the day) and its internal composition, please CLICK HERE.
(***Please Note: A bear market might have started already, I am simply not disclosing this information. 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. October 19th, 2015 InvestWithAlex.com
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