11/5/2014 – A mixed day with the Dow Jones up 100 points (+0.58%) and the Nasdaq down 3 points (-0.06%)
According to most technical indicators the time is now right to pawn your liver and to go long this market. The bulls have won. In fact, forget about 2014. According to most market pundits it’s a done deal and we are now better off wondering how great 2015 will be. Why 2015 may also be a good year for stocks
Perhaps. I hate to be a party pooper, but it was just 15 trading days ago that most investors were freaking out about a possible market crash as they were looking down the abyss of never ending market decline. I know…..I know…..we are setting higher highs and the bearish pattern that the market had set in October is now in void.
Is it? That is to say, don’t be so fast to celebrate. As I have suggested before, today’s rally has all of the trademarks of a bear market rally (incredibly fast, low volume, massive gaps, etc). In other words, the jury is still out. The market can decline, even collapse, just as fast it rallied over the last 15 days. Only one thing is certain, today’s market setup is incredibly complex. As a matter of fact, if you would like to find out if you should leverage into a long position now or short the living crap out of this market, please 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. November 5th, 2014 InvestWithAlex.com
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