25% - 40% drop from here imminentI called rally of 30% - 50% back in late Feb.http://messages.finance.yahoo.com/Business_%26_Finance/Investments/ETFs_(A_to_Z)/ETFs_D/threadview?bn=39840&tid=6396&mid=6396Notice all knocked me and said I was crazy.Same will happen now. 90% of you will say I'm nuts with my prediction of 6500 at least on the next down leg from here.. sub 6000 by October November likely.
are you on the lion.com board, I suggest you post on there as well. some good traders and ideas thereI like you're call here. Kudlow mocking bears with the New BUll Market Piece tonite was just icing on it
Some CNBC gurus are mocking bears with disdain. They are smoking too many green shoots with Goldilocks. Currently have a "collar" on my investments, which makes some money most days, whether the markets go up or down. But will increasingly overweight short as this call unfolds.
I agree with you. We haven't had the 2nd big down leg yet. It's coming soon.
Could not agree more. I also expect a re-test of the 10 year treasury yield of 2% this fall. TLT is looking good.
I agree market super over bought and fundamentals are falling off a cliff loading up on DXD here
after 5 months of ppt intervention, why won't/can't they keep the market artificially high ?