The #1 ranked timer at Timer Digest says that we will have the most severe bear market in the history of the US, happening now.
Several weeks ago the weekly VIX had a golden cross, last time that happened was in 2007. On the daily VIX, MACD is turning bullish (bad for stocks).
He also said a few days ago that the markets have another 12% to the down-side.
It ain't over until the fat lady sings sometime next year. Protect your cash. Could end up like 2003 or 2009, the bottoms.
Honestly, I do not know why u keep posting here. Either put the losers on IGNORE, or get a hobby that keeps your mind busy.
evolution, EXACTLY MY THOUGHTS. If you can catch the long-term trend two or three times in a row, you will make $$$$. However, you cannot do it by averaging down. You need a market timer. Go to timer-digest.
The details would be over your head, but that is the date that Tom McClellan says the market will bottom.
My timer says the bottom will not be in until April 2016. I am 100% cash. If this turns out to be another '2007', my plan is to buy 3x leveraged funds when my timer gives a buy signal next year. Then I will quit my job.