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September 3, 2006
Thanks to Wall Street's persistent exuberance, it's a no-brainer to tell what trend there is to change. That's why we're looking for a fairly nasty correction to get underway within the next 10 trading days or so. And as we noted last week, we may be on the brink of a "market decline of staggering proportions, providing an enormous opportunity for traders who can position themselves properly." So now "it's time to tighten up our stops on long positions and go short, or to get out of the market altogether if you are a long position player without the stomach for a fairly bumpy ride on the way to substantial downside profits." . . . (to read the remainder of this article, please log in below.)
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