Today, I thought it appropriate to re-look at one of our Most...

Today, I thought it appropriate to re-look at one of our Most Famous Bears last comments on the XJO thread.......

I will keep it as a guessing competition to keep some spice.....

Is it a warning sign that as he didn't appear yesterday, that the fall is not over......

Anyway...these are the words of this most famous bear.......


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Head winds are coming..
The DOW and imho has just stepped into the red zone..the red zone and imho has a spread of 1000 points from current levels to its ultimate top.

To conclude IF this is the mother of all broadening formations and which i believe it is.... we are in the last window of 1000 points maybe less before a crash of all
crashes comes into play.

P.S The market will give its first warning in the not to distant future.


I'm just a simple chartist like many. We get some right, we get some wrong.
"know thyself"

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As a side note...I like this guy even though I mostly disagree with his views......