Idiots that can't see the forest through the trees have been crushed financially.
The writing was on the wall as to where this economy and market has been going since we broke down last OCT and economic and market fundamentals have been terrible. The technicals and trend reinforce the fundamentals of the economy and market and we are taking out market Jan Mar lows.
Financial crisis is midway through and the markets will head lower.
Economy is hurting.
Way too early too catch the falling knife.
Short equities and the markets.
needs to close below 1252 for him to hit the bricks. One of my alltime favorites was,not only never any more bear markets, but there would never be a 10% correction, because we are in the "smartist" era!