MateIjustfeelforthemumanddadinvestorsthatthoughtitwasanamazingbuyingopportunity....they'llgetsmashed.@drmaz - Interested in your guy 's (Eric Hadik) analysis and call of a big drop.
Thenext18monthssmarttraderswillmakeanabsolutefortune....IamnotaprofessionalbutjustfollowEricHadikwhoisageniusatcyclesandpickingtopsandbottoms.Hehasbeen98%rightinpickingthecycles.HislatestreportwhichIsubscribetowasforaburstintotheendofMay,thenafewdaysofsidewaysandthenabigdropinJune.About6weeksagohewassayingthatwewouldgolowerthanMarch23butinthepastfewweekshiscycleanylsishasshowedthattheMarch23lowwillholdfor3-6months.
Hangontight
What's his reasoning for June? Any particular time in June - early, mid or late? Magnitude?
Many other experts have been saying this for the past month or more - linking this bear rally to other historic events, trend lines, support etc etc. All have been wrong. Will be keen to see how his 98% average goes after this!
Fundamentals and history have had no bearing on this market rally. Most frustrating is watching that the bargains of a lifetime largely disappear now that the banks springing 20% in a matter of 3 days.
After several days of sizable green days you'd think the future would be red...but alas the Dow is up .5%. Hopefully tonight the Fed agrees to slip in a red day!!!
@drmaz - Interested in your guy 's (Eric Hadik) analysis and...
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