7/29/2014 – A down day with the Dow Jones down 70 points (-0.42%) and the Nasdaq down 2 points (-0.05%).
What else can I say, at the risk of sounding like a retarded parrot, the market continues to perform as per our exact internal forecasts. Yet, it has been quite a few weeks since the last time I have kicked the housing market in the nuts. Might as well do it today.
In the early October of 2013 I came out with a startling forecast. At that time I have suggested that the “Dead Cat Bounce” in the real estate market from 2010 bottom was now over and that the real estate market was about to embark on a massive leg down. Not that dissimilar to what had happened in the stock market between 2007-2009 (mid cycle panic). I have also suggested that while it will be hard to see initially because all real estate is local, by the time we get to October of 2014, the upcoming real estate disaster should be evident to everyone. (you can search the blog from October of 2013 to verify this)
Well, now it is Case-Shiller Home Prices Tumble Most Since Dec 2011, Miss 2nd Month In A Row
When I first forecasted this mid cycle panic in real estate most market participants have assumed that I was on some sort of cocaine binge or have simply gone insane. A typical reaction. Yet, if you are interested in learning what will happen in the real estate market I highly recommend my report Real Estate Collapse 2.0 Why, How & When What happens next will make the 2006-2010 decline in real estate prices look like a joke.
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. July 29th, 2014 InvestWithAlex.com
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Why Real Estate Prices Are Just Starting Their Collapse Google