I believe we are reaching the end of our unbelievable bull run in the US markets nearing a 1.168 of wave 3. When I say unbelievable, I'm not referring to just just record highs, but quite literally unbelievable in regards to the market defying and completely ignoring all other world and economic influences. It's quite clear that it is being falsely inflated at this point by company buy backs and large government/fed players propping it up. I suspect that after this years midterm elections we see a drastic decline. Those who are longing make sure you don't get left holding the bags, I believe this will be one of the worst economic catastrophes to hit the US.
I agree - things are just too scary right now. Risk v reward is too high. Call me superstitious, but September and October are bad times for the market historically. I'm on the sidelines until after the election.
zerotozeros12
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@Domorr1, Exactly. Far too risky at this point. Some weird news or something is going to come out and it's going to be the "cause" of the market crash. Any potential upwards movement at this point will be just in an act to entice the last few retail investors before dumping the market on them. I'd much rather wait until it begins the downward trend and short the market. Far safer and much more profitable