The DOW-JONES to try again for 27,000..BUT this POWDER KEG is just about to explode and possibly crash world markets and economy. And, Statman comments on the "BITCOIN Malaise".

Good evening friends.
The Dow just as we have mentioned is bit ready to roll over. We called a buy at 24,600 after that 7 percent decline we called in January! We'd be out on strength here! But I'll reiterate the caution lights are flashing. It is the ninth inning. I wrote earlier I'm looking for as high as 28,000 in the Dow (another 5 % ). Of course an estimate. And if we don't top in a few weeks I'll be quite surprised.

But we really are long term thinkers here, and have fun with the shorter term, and I'll let the accuracy of these reports speak for themselves.

The brilliant trends forecaster Gerald Celente has been writing, and I agree, watch oil. I wrote many months ago that oil is headed again to 100 per barrel. That will help derail markets. Add that to the list I've accumulated of reasons the "feel good crowd" are in for a surprise.

The last time we were substantially over 100.00 was just before the debacle in '08. What a buy we had and called at 49.00 just a year ago. And how about under 30.00 just a few years back!

Watch oil and its huge effect on trucking and profits. And of course Gold and silver...they are making "THE move".

BTC is plain stuck in the 6500 range, a tight one..SENTIMENT is not helping..(too many bulls). My take? 6000 holds and 7000 offers the same resistance for a while longer. The upside then takes over....wait maybe 4-6 weeks.

The opinions here are mine..please do your due diligence..Thank you, and please comment and support!