Considering the publicity this thing is getting, if it was any count, everybody would have gotten out by now and the crash would have already occurred.
...as if someone is trying to crash the markets
Give it a couple of weeks.
On the other hand, since it has become so well known, market forces may take it down.
But, is it says in the article, “When you have narrowing upward stock momentum on declining cash flow, the stock market is in trouble. That’s what HO is flashing now.” That’s very true.
You know your stuff, Moonman, but everybody didn’t get out when Richard Russell had a cow, and he’s got a large following, unlike this guy. The blind guy did come up with a scary name, got to give him that. I got mostly out after the flash-crash. Sitting on a few dividend payers and closed-end stuff now.
There may be a lot of behind-the-scenes defensive repositioning and rebalancing going on right now.