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Alert! As Predicted! Stock Market Dives As Third Death Cross Occurs! More Losses Coming! High Probability Of Imminent Sharp Sell-Off In Stocks (Video)
Alert! As Predicted! Stock Market Dives As Third Death Cross Occurs! More Losses Coming!
1 Sep 15
Gregory Mannarino predicted this and it’s here. Here is his article:
High Probability Of Imminent Sharp Sell-Off In Stocks.
*(UPDATE: The morning after I wrote this article stocks opened with heavy losses. The Dow Jones Industrial Average opened down 400 points). The DOW finished the day 470 points lower..
Article follows.
In my estimation at this time, the odds of an imminent steep drop in the value of stocks occurring is at least 70%.
Despite the again overly gleeful mainstream financial pundits continued narrative that “now is the time to buy stocks,” (in the face of yet another triple digit sell off in the DOW), the probability that another hard drop in these markets may occur just went up.
Massive technical damage has been done to these markets, and despite the loss of nearly 1800 points in the DOW since the top of this market back in May-I see a very high chance that more and sustained losses are coming.
So what are we as traders to do?
Simple: do the opposite of what the mainstream financial “experts” are telling us we should do.
I see major short term opportunities to bet against (NASDAQ:AAPL) and (NYSE:GE). Moreover if as I believe AAPL is ripe to fall, betting against the overall markets may be a profitable endeavor as well.
“As AAPL goes so do the markets.”
Happy Trading!
#stockmarket #economiccrash #deathdollar #deathcross
CNN tells me its a correction so i guess theyre right.