*CLICK TO ENLARGE
I AM GOING TO KEEP THIS SIMPLE AND IN CAPS....DEATH CROSS 50/200 AND BOTH DESCENDING THIS IS SCREAMING A BEAR MARKET IS HERE. YOU CAN SEE FOR YOURSELF THE 2X THIS OCCURED.
IN EARLY 2003 YOU CAN ALSO SEE WHEN THE MA'S BEGAN TO CLIMB AND WE HAD A CROSS UP OF 50 THRU 200 and there only the stubborn will stay bearish.
You don;t hardly need to know anything more, and it doesn't matter a squat what anybody says, you can TURN OFF THE FLIPPIN' TV SET.
I use addt'l TA to fine tune my signals and get them earlier for move down and up, but this signal is one not to be ignored IMHO NEVER EVER NEVER
I may not get the bottom, nor the top, but I sure as hell amnot going to have to grab my ankles as I sit there unaware and dumbfounded by a rise or decline so significant you cannot afford to fly BLIND
YOU cannot afford to be at MERCY of Wall street shills and the CRamer's etc of the world, what helpful did even ONE SOD at CNBC say or do to leep you out of harm's way in this most destructive Bear MKT?
WTF good are they then?
OTHER SHAMONS where CHIMPS do well in BULL spout special systems and signals blah blah are losing their subscribers asses now!!!!
WHAT about a freakin stop loss on any of their calls? EVERYBODY is wrong now again....you just MUST BE ABLE TO CUT YOUR LOSSES.
NOW.....what was gained back from 2003-2007 is GONE AND THEN SOME!!!
Most will end up SELLING near the lows.....it's just the way it goes time and time again.
VIX not screaming panic here either....
TRANSPORTS BELOW LAST NOV LOWS.........misery loves company.
GOV RESPONSE is pure BS......pablum for the masses....will do little good....its pathetic!
D
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