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RE: Markets are OVERVALUED by 70%..!! Look's like someone has done their homework..!!
ditto view on zerohedge - so many good articles on the site I read something of interest everyday. Re: S&P 500 for some time I've been looking at 1850-1900 as a level of support from the February lows. I imagine that will be a stopping off point on the way down to your target. I've had put options that just expired worthless at that level & more in the Dec 16 expiry. With the gathering storm clouds and the election I'd be amazed if it doesn't tumble before then.
ZeroHedge is one of my first "go to sites" for my daily fix. 2016 has seen a barrage of warning signals that i have not seen in over 20 years investing..!! Thanks for the comment. Cheers. Stephen