Another down day with the Dow Jones down 143 points (-0.89%) and the Nasdaq down 54 points (-1.34%)
The amount of stupidity associate with the recent market decline continues to increase unabated. From Carl Icahn’s barber being excited about this stock market to most market pundits predicting an Earth shattering decline of 5-7% before an eventual bounce. While all of that is going on the iShares Nasdaq Biotechnology (IBB) is already down over 20% while the Nasdaq is down 8.2%. Yet, all of the above is irrelevant. One must understand where we are in the cyclical and mathematical composition of the stock market. While I have tried my best to drill that information into investor consciousness, most of it falls on deaf ears. That is to be expected, I got the same reception in 2007.
To quickly summarize, we are still in the secular bear market that started on January 14th, 2000. Based on our mathematical and timing work this bear market will complete itself in 2017. When it does, you will see most of the gains from 2009 bottom vanish into thin air. With the 5 year cycle (1994 -2000, 2002-2007 and 2009-2014) now complete you will see a bear market initiate within a relatively short period of time. If you would be interested in learning exactly when the bear market of 2014-2017 will start(to the day) and it’s subsequent 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).
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Stock Market Update. April 11th, 2014. InvestWithAlex.com Google