STOCK MARKET: Classic Trend, Counter Trend Move. More Losses Coming. By Gregory Mannarino

in #money5 years ago

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Lions. Obviously the trend for stocks is lower, much lower. The market move which was sparked by The President's "buy" recommendation resulted in a CLASSIC "counter trend move" which in this case will lead to, IMO, much stepper losses.

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Okay Gregg, lemme see if I got this right, this is probably not the "dip" to be buying

It will be very interesting to see what happens when we get back to around 2600 on SPX if we can make it back up there :)

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