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  • Five Reasons the Market Could Crash This Fall [View article]
    This article may be right. But there is no use acting on it until we get a sell signal indicating a return to the Bear. Graham and Dodd said the market is a big voting machine. We count the votes and the votes say we are in a new bull market move up from a well established inverted head and shoulders bottom. It doesn't really matter if the Fed is responsible or the market is manipulated. Right now you will be killed if you think we are still in a bear market. Graham and Dodd would pay attention to the vote count before acting on the bearish case for fundamentals. For our vote counting machine go to flowofcapital.com. Compare our vote count to the count in 2003. Don't short this market until it signals a change from current bull move to bear move. We have been bearish since 2007 and just turned bullish. Could be short lived, but we will wait for the signals to tell us.
    Aug 04 18:23 pm |Rating: +11 -5 |Link to Comment
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