10/18/2014 – An up day with the Dow Jones up 19 points (+0.12%) and the Nasdaq up 58 points (1.38%).
The market continues to behave exactly as forecasted. If you would like to know what happens next, please Click Here.
Going into August and September most market pundits talked about a 10% correction. Well, as of last weeks bottom the Dow corrected 8.6% and the Nasdaq corrected 10.7%. What’s more, some insiders are buying hand over fist. Huge Market Sell-Off Sparks Some Gigantic Insider Buying. Finally, most bulls are out in force once again and calling for the Dow 20,000 at year end.
Perfect…..right?
Not so fast. A strong argument could be made that the worst is yet to come. Sure, if the last 5.5 year bull market is used as a reference point, it would be safe to assume that the market will shrug off all fundamental concerns in order to set a new all time high by the end of the year. However, what if the said bull market is now over and we are now in the very early stages of a bear market? Well, given the velocity of the initial sell off, one thing is certain, it won’t be pretty. If you would be interested in learning exactly where we are and what’s next, click here.
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. October 20th, 2014 InvestWithAlex.com
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