Veneratio

Five Reasons the Market Could Crash This Fall

It amazes me how foolish some people are. I agree that a correction is due but a 50% correction to March lows?! I'll take that bet. Have fun losing your shirt.


On Aug 04 11:55 AM doubleshortetf wrote:

> Why we're near the very top:
>
> 1. Goes up on bad news/numbers from MSFT, AMZN, AXP's poor numbers
> results couple of weeks ago.
>
> 2. The investment gurus and analysts who got blind sided by last
> fall's fall and March low (boy weren't they pessimistic) are now
> in unison as bullish as ever, even with heck of a run since March.
>
>
> 3. Bears are hiding and appear to be capitulating on short covering.
> One can say the bears were "early" smart money.
>
> 4. Russell 2k has been on a tear. Speculation or back to halcyon
> days are back?
>
> 5. CNBC has special on Dow 9k and Cramer is pounding the table with
> buys and the lemming retail and professional investors are piling
> in. So much for the lows we had in Oct/Nov and March.
>
> 6. And even Barron's sounding bullish sans Abelson?
>
> 7. Historically Sept is the worst month followed by Oct. Just around
> the corner.
>
> My 2-cents is that we'll see 50% retracement to March low in Sept/Oct.

Financial Stocks: Playing the Mark-to-Market Suspension

If you're so confident that the financials will rebound, then why are you sitting on the side lines as well?

Put your money where your mouth is. Otherwise, you are just another fool trying to get attention.