Via Beanie111111
Judgement Day: 8 days
I now put the probability of a severe correction at 70% between those 8 trading days.
I put the probability of a CRASH by the 8th trading day at 50-50. It may not sound like a high number, but it is.
Today i mentioned something about the market that doesn't feel right. I now do not think that last Thursday's selloff was for just profit taking. It was on humongous volume. Go check out the QQQQ's on that day to know what i mean.
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Today, I recommended everyone to get out of margin completely. In fact, i got out most of my long positions.
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YOU HAPPENED TO JUST PASS BY ANOTHER SCHOOL AND YOU SEE SEVERAL CHEERLEADERS HOLDING FIVE LETTERS. GIVE ME A 'B', SAYS ONE.
GIVE ME An 'A', SAYS THE SECOND.
GIVE ME A 'N', SAYS THE THIRD.
GIVE ME A 'K', SAYS THE FOURTH.
And finally,
GIVE ME An 'S' SAYS THE LAST.
FOR SOME UNKNOWN REASON, AS YOU WALK PASS BY THE SCHOOL YOU CAN'T HELP BUT FEEL NUMB AS YOU CONTINUE YOUR PATH HOME....