DOW 1.86% $4.92 downer edi limited

the us is set for a big correction

  1. 1,245 Posts.
    lightbulb Created with Sketch. 25
    has anyone read Larry Williams
    he essentially picked the great bullmarket we are currently in , in his book, "the right stock and the right time", publiched in 2003. In his book, he also lends a forecast as to when to exit the market

    he bascially recommends exiting, at any time the DJIA falls below 2 % from its highest high AT THE SAME TIME that the DJ utilities index is down 8 % from its highest high and the DJ transports are 6 % down from its highest high. I looked for this in MAR, but the DJU and DJT never got to these pts and not surprisingly we got only a small pull back. BUT as off FRI, the DJIA is down 6 %, DJU down 9 %, DJT down 8 %.

    This is going to be interesting !, for what its worth, I probably will not be rushing in to buy on MON.
 
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