As you know I have been warning of a large market decline for months. This is one of the worst starts to a year in market history.
There is still time to profit and protect yourself. As I pointed out in recent videos the long term topping pattern is just completing itself. I discuss this in the video below. While you must be more selective in your shorts this video also explains how we have and how we will continue to make money in shorts:
In addition , there are many stocks that I am targeting as shorts that have just begun to decline or starting their topping process. Bear markets are a process. Some stocks get hit early, some later on in the bear.
We are also seeing gold breaking out and over the next few years there will be huge opportunities in gold and the mining stocks.
This reminds me of when I first started out in the late nineties from 2000 to 2003 my newsletter had a phenomenal track record as we purchased gold stocks as they started a bull market as tech stocks busted.
We are not dogmatic in our approach. Some of the most vicious rallies occur in bear markets. We even went long tech stock a few weeks ago which soared in price after we bought it.
The three long positions I took made our subscribers 25, 30 and 50 percent in just a few weeks!!!
We still see this market falling a great deal but nothing goes down in a straight line. Our mission is too balance risk and make our subscribers money. I have a testimonial from one of these subscribers listed below.
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The last few weeks of the markets action has proved what I have predicated and what most experts have ignored . That a serious decline in markets can happen and happen quickly. That Central Banks can not just bail out the market time after time and we are headed for a serious decline that the central banks help to create.