- I show by the chart and market mechanics why we are about to head into rocket mode.
- All irrational exuberance starts with logical positive news, but end with an unsustainable buying panic.
- The early signs of complacency coupled with a lot of new cash coming into the stock market makes us once again very vulnerable to any bad news.
- November should continue to rally hard, please use this time to trim positions and create a cash cushion to take advantage of December.
- Ultimately, I am still a bull, but I am concerned that no one is thinking about December 3rd. Be prepared for the swoon then buy.
For further details see:
August I Said Buy The September Swoon, Now It's Prepare For The December Drop.I Explain