As I was shorting stocks in early March (mathematical top) and mid May of 2015 (double top), Cramer was openly making fun of all the naysayers and bears. At that time no one could have imagined that the Dow would be below 16,000 in August of 2015 and today.
Now, it is the opposite. Investors are finally starting to freak out. Open any financial media outlet and you will find it filled with “Crash” articles and bear market calls. Here is just a small sample from today.
- Cramer: Charts show huge sell-off could be coming
- ‘Selling stampede’ not over
- Gartman: Why any stock bounce will be short-lived
- Don’t bother buying, preserve your capital
- Etc….
You get the picture. Perhaps they are right and the market will crash. Yet, it is just as likely that this is the buying opportunity of a lifetime that they have been peddling for years. Of course, when the market is hitting all time highs.
If you are tired of all the noise and would like to find out what the market will do next, please Click Here.
