BROAD STOCK MARKET TRADE ALERT (2:00 pm EST)
The broad stock market is dropping heavily today and medium-term bearish signals are now appearing in the S&P 500 chart. The significant correction in this market that I was expecting appears to be underway and I am going to sell this market short today in anticipation of a further decline. I will comment a little more on this market and the other markets later today or tomorrow, but for now I am entering short positions in the broad stock market. (We are still holding our long positions in gold and silver).
The broad stock market is dropping heavily today and medium-term bearish signals are now appearing in the S&P 500 chart. The significant correction in this market that I was expecting appears to be underway and I am going to sell this market short today in anticipation of a further decline. I will comment a little more on this market and the other markets later today or tomorrow, but for now I am entering short positions in the broad stock market. (We are still holding our long positions in gold and silver).
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