So … this precipitous drop got me interested in the market again.  I’m still 100% cash, so I’ve only been monitoring in terms of what the economy is doing. But, I’m pretty confident in this post, so I may just start trading the general market next week. I’ll let you know if I get in, […]

Continue reading about Don’t Panic: Short Term Target Correction & Dow 22,000 in 2023

scottvanv on August 20th, 2015

Overall, the chart patterns look ominous.  Absolutely no reason to be in equities right now. My best guess is that the Nasdaq will drop to around 3,900 before bottoming, and it will likely be a sharp drop. Dow somewhere around 14,400.  Let’s see if I’m right …

Continue reading about Lick Your Wounds, Go to Cash