9/3/2014 – Another mixed day with the Dow Jones up 10 points (+0.06%) and the Nasdaq down 26 points (-0.56%).
The parade of bulls continues. Yet, they are all beating the same drum. 1. Any market decline will be caused only by a recession Only a recession will end this bull market and 2. This is the most hated rally….like ever.
I have already argued to death that recessions do not cause bear markets. Instead, bear markets cause recessions. Look at any market top and you will find your proof there.
Now, to the point of so many, as ISIS calls them, Market Unbelievers…..aka Bears. Where are they? Everyone I know is super bullish. Even the perma bears like Peter Schiff have thrown in their towels over the last few months. Perhaps this chart can tells us.
There is your proof you god damn bears!!! Wait a second….WTF? That’s right ladies and gentleman, the Bull/Bear ratio is now 30% higher from where it was at 2000 and 2007 tops. Making it not the most hated rally ever, but the most loved rally…….LIKE ever. At least since 1989. Do I really have to spell out what happens next?
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 3rd, 2014 InvestWithAlex.com
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