9/18/2014 – An up day with the Dow Jones up 109 points (+0.64%) and the Nasdaq up 31 points (+0.68%).
The consensus is in. Everyone and their day trading grandmother now believe that the markets can only go up. The FED has done the impossible by printing money and stabilizing the economy. Even Mr. Obama was so excited about the news that he committed the biggest sin of all. He took full credit for this ” incredibly strong economic recovery.” I wonder if he will take credit when this economic miracle blows sky high.
Unfortunately, most investors are committing a massive mistake by believing that the FED A. Had anything to do with stabilizing the markets back in 2009 and B. They will now be able to anticipate and prevent future declines. They are once again confusing cause and effect. The FED is always behind the ball. And you don’t have to look further than every single financial crisis over the last 30 years.
It is the stock market that drives FED policy and not the other way around. Just remember the following. One of these days the market will stop going up, reverse and initiate a massive bear leg. Regardless of whether or not Janet Yellen likes it. You have been warned.
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. September 18th, 2014 InvestWithAlex.com
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