Considering I sell new contract highs/buy new contract lows when I see volume divergences, I will short Indexes as they going higher and being hedged safeguards I don't blow out my account. I take this approach on most markets making certain extremes based on nine year charts. So I don't know how much more extreme I can get. I have taken up to 23 efforts at finding extremes, and that was in crude oil in 2008.
I had no idea this thread was started with me being in the first mention...I'm quite honored ...I did say 30-40% drop for US equities...that will come quick.
Another cheery forecast from the resident ET pessimist on March 17, 2016 : This one will be easy to track. Yellen is on record for a series of gradual interest rate hikes over several years; her message in 2015 led to the projected hike in late 2015.
Posted September 2016 : Guy is dead certain US equities will drop minimum 50% across the board. Guess we'll see. Similar "imminent" calls from S2007S throughout 2015 are getting rather worn out. S2007S claimed 18 months ago that negative interest rates were coming ... .
A blast from the past ( December 2010 ) : The above posts references EMRGLOBAL's stated opinion from February 2009, as follows : -------- " IMHO, no rally in sight for a Decade, plenty of reasons. Main one is loss of confidence, which will not return for a decade at least. Loss of wealth from the Middle Class, who will not have much to pump into the markets. Cash is the new king, period. Play's in Hard Assets are more likley this decade than stocks. We know Inflation is on the horizon. Nationalizatio of Banks sends a signal to the New Administrations Socialism. Not good for "Stocks". The media, president keep hammering the "DEPRESSION", non stop. They have yet to speak of hope. So, in a nutshell....I think this market INDU S&P, NAS., will drift to put in lower lows and once it finds a "bottom" will trend sideways for a decade. " -------- Long enough now to examine the "early" results. Obviously, neither poster had a good read on where things were going, and the first poster seemed to think anyone disagreeing with him was "uneducated" and "delusional". Man, was he wrong.
Thank you, Thank you, Thank you for going back six years? Earlier in year I had posted we would see new highs in Indexes, but few if any have posted those advanced signals worked, and I am short from the highs again and added on to shorts in Indexes as my system does so at extremes. I am in process of reducing real estate and business holdings as I still believe in handful of years World economies will be much worse. I guess the Trillions USA owes makes sense to many of you. When interest rates goes up, going to have to borrow more to just pay the the interest. The decade isn't over...yet. I hope my system off as far as depth S&P500 declines, but I have always followed it for investments that are harder to sell. Always best to unload when there are those who think other than me, which is usually the majority, thank goodness. Oct 2014 is when Transportation index peaked out, so when S&P500 made new highs recently, Transports could not. http://finance.yahoo.com/chart/^DJT...pbmVDb2xvciI6IiM0NWUzZmYiLCJyYW5nZSI6Im1heCJ9 Jim Rogers is generally early in his predictions. http://search.aol.com/aol/video?q=J...t_btest1-g&v_t=comsearch-hyplogusaolp00000092 WOW, if you had to go back six years, LOL Am going into farming and cattle in two years.