Markets Tumble Again At Close – Now Down 11% In Last Week
Some stock investors in the US breathed a big sigh of relief today when the Dow gained over 300 points in early trading. It held near that level for most of the day until the very final hour when it lost 500 points and ended up closed down 205 points.
All in all the Dow has dropped nearly 11% in the last week.
Clearly a reactionary rebound is not only possible but probable… but after incredibly bearish action at the close today many will be wondering when this current drop will end.
There are many scenarios. I posited September as being a possible time where a real crisis could occur but we are still a week away from September and it had me pondering whether the market is and continues to be front-running the events I expected to occur in September. Or, are these only the pre-shocks prior to a September/October period of deep crisis?
That is still a very open question and that is why we will stay incredibly nimble on our feet here, watching market movements and other events with a microscope for the coming weeks and months.
We are releasing our August Issue of TDV today to subscribers (you can subscribe here for as little as $15/month) where we look at these scenarios and how to play things from here. With a 4,000% gain on one of our main plays that we brought to subscribers in June, all occurring over a three day period, in many ways we have already achieved some of our objectives on playing a fall crisis… and its not even fall yet. As well, tomorrow, free to subscribers, I'll be releasing my book, Shemitah Exposed, to further investigate why and how these market crises seem to occur every seven years.
In the meantime I was a guest on the Financial Survival Network with Kerry Lutz yesterday as the markets were down over 1,000 points and we discussed where we are at in the markets at this time.
