For anyone who's interested ... this video focuses on 'one man's' opinion of rather dramatic economic events
that he believes will occur between now and 2020. Of course he's selling and expects to collect. For me, it's
interesting because it focuses on much-discussed problems / scenarios and the 'cycles' (in his opinion) that will
bring them about, coupled with some pretty precise (charlatans hate to be precise) projections on what he sees
happening largely in the next three years. By salesmen standards, that seems pretty precise.
Consider it prophetic, or science fiction, or worse ... I consider it entertainment, and will weigh it against reality
as it emerges.
For the record, I'm not currently invested in the market and have not been for some time (yes, I know I missed
out on some good gains), but I am following a range of different slants on the 'near future'.
Strange that this particular disaster scenario seems to coincide with the climate disaster scenarios time-wise.
He claims that this video (#1 in a series?) will be taken down on Sunday, Sept. 6th?
Anyway ... either enjoy it or swear at it or ignore it.
www.moneyandmarkets.com/reports/sct/summit/v1/?ccode=090420156678243GSTSCT&em=mbreedlove49@hotmail.com&sc=FPNXC&ec=6678243On August 27, he sent this around with a rather precise time frame for another 1700 point fall in the
Dow prior to a great 1-2 year rebound fueled by in-flowing foreign capital. The chart did not copy."Today I’m going to let you take a look at one of my proprietary models. One of the three major proprietary tools I use for forecasts
and trading signals and often show my Supercycle Trader members.
It’s an artificial intelligence model, called a neural net. Put simply, it’s a computer program that is based on statistics and signal processing
that analyzes billions of market data points, dynamically adjusting to any cyclical behavior found, and then issues a forecast.
It’s the same model that helped me call the tops in 2000 and 2007 and the bottom of the market’s crash in March 2009.
And it’s the same model that shows the Dow Industrials soaring to over 31,000 by late 2017.
The short-term version of the model nailed the recent selloff and it now shows another 1,700 point drop coming soon.
It’s pretty simple to read the results. The vertical black bars on the chart are daily price bars of the Dow (Open, High, Low, Close).
The red line is the forecast line. As you can clearly see, chartthe Dow has followed the forecast line quite nicely, plunging to its recent
bottom on August 24.
Now look at the forecast line going forward in time. Notice that it calls for a slight rally into September 14.
That rally is likely to be very weak, since my other models show that the selling pressure in stock is too intense for the Dow to do
much more than merely bounce around at this time, just as it’s done over the last few days.
Give my measures of the selling pressure that is building, I also wouldn’t be surprised if the Dow headed back down now, negating
the forecast short-term rally. Reasons:
The Fed is caught in a pickle on interest rates. Europe is imploding. Japan is collapsing. China’s stock market has not yet bottomed out.
And Labor day is just over a week away. Everyone I talk to wants to be out of stocks for the long holiday weekend.
That means that the next move should be an accelerated collapse to new lows heading into October 21. Measurements I make based
on this model show at least another 1,700 points lower in the Dow.
From there, longer-term models (not shown) suggest October 21 will be a major, final low for the Dow Industrials, before U.S. equity
markets take off to the upside again, in what will prove new major highs over the next two years heading into 2017 ...
As the governments of Europe and Japan fail, and tidal waves of capital come rushing into our markets.
It’s all part of the supercycle convergence I have been warning you about, whose leading winds and turbulence are now starting impact
all markets.