THE STOCK MARKET HAS BEGUN ITS STRATEGIC RETREAT FROM ITS INCREDIBLE RISE TO THE TOP. THE STOCK MARKET WILL HIT A LOSS OF 5,000 TO 8,000 POINTS. WE ARE AT A ROLLING TOP THAT WILL ADJUST TO THE FAULT LINES OF HIGHER PRICE RESISTANCE. THIS IS NOT A BARGAIN MARKET. THE TELEVISION PUNDITS ARE SELLING THIS AS A BUYING OPPORTUNITY. THIS IS NOT A FIRE SALE. THIS MAY BE THE BEGINNING OF THE LONG AWAITED BEAR MARKET!
THE PROFESSIONAL TRADERS HAVE ALREADY EXITED THE BUILDING AND THE INSTITUTIONAL BUYERS WILL LEAVE SHORTLY. THE RETAIL BUYERS AND FOREIGN BUYERS WILL ALSO LEAVE THE MARKET.
NAPOLEON HAD INVADED MOSCOW AND ACHIEVED A TOTAL VICTORY. THE REALITY IS THAT HE HAD BLUNDERED INTO A SNOW STORM OF DEFEAT CREATED BY THE RUSSIANS. THE AMERICAN STOCK MARKET IS OVERVALUED AND WILL BE ENTERING A LONG TERM WINTER. ROBERT SCHILLER HAS ISSUED SEVERAL ALERTS TO THE FACT THAT AMERICAN STOCKS COSTS TOO MUCH. THIS WILL NOT IMPACT THE REAL USA ECONOMY.
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