Markets look down overnight, Naz brutal, SP really ugly, DOW not nice. Tomorrow is WIPE OUT. If you do not believe me, believe Ken. It will be BRUTAL tomorrow. 2.5% to 3% decline on the Naz I think.
Not necessarily. Corrections in a bull market behave like min-bear markets. The damage so far has not been great enough to conclude that we have a bear market on our hands...October lows in major indices are the major pivots... JMO.
I don't see the crash you predicted occurring at all. In fact, if you collected "inverses" after market close yesterday or this morning they either returned a rather modest return or even lost money.