9/9/2014 – A down day with the Dow Jones down 98 points (-0.57%) and the Nasdaq down 40 points (-0.87%).
The notion of bulls Vs. bears is an idiotic one. A smart money manager should be able to make money in both bull and bear markets. Yet, it is just as important to understand the psychological mindset of most market participants. When approached in the proper fashion, this reading will give an indication of what the future holds.
Further, over the last couple of weeks I have destroyed the notion propagated by the mainstream financial media that this is the most hated rally every. What’s more, I have shows that the number of bulls/bears is the lowers it has been in close to 30 years. Market Bears Hit The Lowest Levels Since Just Before The 1987 Crash
Despite the fact, the mainstream financial media continues to go after non existing bears with the vengeance. First they were simply stupid, then they were “Market Unbelievers” and now…….get this…..‘Embarrassed’ bears will be forced into stocks: Pro That right, ladies and gentlemen, the best researched market participants will be so EMBARRASSED that they will be forced into buying stocks.
Who cares? No one, but this is an important psychological factor that clearly points to where this market is heading. When bulls have to shame bears into buying stocks, only one thing is certain, the end is near.
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. September 8th, 2014 InvestWithAlex.com
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