I now say beware of this guy. It seems that he only posts "bearish" videos after a selloff. He likely does this in order to justify/bolster his bearish view. We haven't heard from him since 20 May... 1 day after the last selloff.
He is not consistent like Ira or Frank from Pivot Boss... to name a couple. Therefore, take what he says with a grain of salt. You know the old saying... even a broken clock is right twice a day.
"Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7
He's not the only regular Poster that have stopped posting or do very seldom. Must be the Virus or Political outrage of something.scared.gifscream.gif
actually he stated the market would be up for a few wks, which is where we are now and then re-test the lows. he quickly said that and then kept re-enforcing why the re-test will happen. Pivot boss has been stating similar about a re-test. both have inferred a minor pull back soon, also my thoughts, and then up and then,,,,
you know the bottom will re-test right before november and into. I tend to remember there is something important to happen in november.
that is my take on their info.
"Our Constitution was made only for a Moral and Religious people. It is wholly inadequate to the goverment of any other." John Adams 10/11/1798
But, he'll keep pushing out that time horizon on when the retest will likely happen... if it happens at all. Like I said, even a broken clock is right twice a day. He'll get it right eventually if the retest comes.
BTW, he's always saying... "I would not buy into this market." That's just stupid advice because there are, and have been buying opportunities. Heck, the major indices are up 36% to nearly 40% from their 23 Mar lows. Furthermore, do we really believe that The Fed will allow Mr. Market to fall back to earth to the 23 Mar lows? I'm beginning to think they will not. But, we shall see!
"Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7
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