the following zerohedge like article timing couldnt be worse, with the mkt ripping up due to Japanese NIRP the next morning on Jan 29th, Fri.
Is a Slingshot Move Setting Up? dated Jan 28th, Thurs.
We have penetrated last years low in the cash S&P500, but not in the Dow yet. The Yearly Bearish does not come into play until we get to the bottom of the upward channel. Penetrating last years low is indeed setting the stage for the Slingshot. Everything on our models is clearly pointing to this trend extending into 2020, and instead of concluding by 2017 that will be the starting point.
We NEED the vast majority to get really bearish calling for the end of the world and declines of 50% to 90%. This is the fuel for the Slingshot we need in place, just as we saw in 1987.
He is writing about the prospect for the USA markets (a decline into a V bottom and slingshot rebound), which is within his long-standing prediction for the USD and US stocks to be the bullish as the rest of the world collapses (and capital runs to the USA for safe haven). He had two or three possible scenarios since at least 2012 which is the US stocks could pause around the 2015.75 ECM turn date, or they could phase transition up to the 28 - 40K top before the turn date. It became clear on the 2014 close (which btw he nailed the price of oil for the close at $54, predicted publicly in his blog when oil was $100+), that the former scenario was the most likely.
Thus he continues to predict accurately on the longer-term.
When you idiots don't even comprehend what MA is writing about, you have no place to come here and troll this thread with your ignorance and lack of comprehension.
Please stop trolling idiots.