January 2010
In late January I put out a Yellow Light warning to all MarketCycle360 owners that the markets were in peril.
May 2010
I followed that up with another direct warning in May to be very careful with a direct statement that going to cash would be wise.
July 2010
In early July I gave another warning that the MarketCycle360 Bull/Bear Indicator was leaning heavily toward going to cash or taking a short position.
So, if you were listening you would have gone to cash as I did in January, May, or July!
Listen, I do not invest or take positions like day traders. I do not predict market direction. I am not a prophet! I just let the market tell me what it is going to do using our indicators in MarketCycle360. More than half of my trade groups are now in cash so I am all in cash and waiting for MarketCycle360 to tell me when to go short!
If you are looking for a bounce you may get it! But the long term is down, just read the following to see others that are now joining my point of veiw.
- Hindenburg Omen
- Depression, Not Recession
- Dow Faces Bouncy Ride to 5,000: Strategist
- Cramer: 'Very Negative' Trend
- Home Sales Plummet
- Huge Spending
Please tell everyone you know to read this post!!!! I want no one to be hurt from the coming crash, it may be swift and devistating. If you do not own MarketCycle360 get it now because I will tell you the day to buy or sell, and when to short the market. I never post any warnings on my blogs until after owners of MarketCycle360 have positioned themselves according to the software.
You can be profitable in any market condition with MarketCycle360!
Livio Nespoli
402.518.8218