A down day with the Dow Jones down 107 points (-0.62%) and the Nasdaq down 52 points (-1.14%).
While most markets continue to trade within a tight trading range, most investors continue to ask the same questions. When will the correction come and what sort of a catalyst will set it off? G20 finance ministers add to fears of a stock-market bubble
The big assumption or the error that I must bring to your attention here is that we will get some sort of a correction, not a multi year bear market. As I have suggested so many times before, a bear market of 2014-2017 is just around the corner. Second, there won’t be a catalyst. The market will simply turn around one day and start heading lower. Accelerating pace as it goes along. Just as it did in October of 2007. And while some sort of a catalyst will be assigned to the market post-mortem (ex…. Alibaba going public), it won’t have anything to do with the actual turning point. Again, the market will simply top out, turn around and head lower.
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 22nd, 2014 InvestWithAlex.com
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