AND THE MARKETS GO DOWN DOWN DOWN:

AND THE MARKETS GO DOWN DOWN DOWN:

AND THE MARKETS GO DOWN DOWN DOWN:
As we head into the Virgo Full Moon tomorrow we are already seeing the direction the equities are heading. The overnight markets are already down about 1,100 points and if there isn’t a change they will open at frightening levels. While this could reverse at any time, as we’ve seen a number of times over the past few weeks, I don’t think so. We are seeing these stocks enter a bear market and support will not hold. How far down will they go? I don’t know. Is it the crash I’ve been expecting, coming a little early? Or just a very severe correction? But we are nowhere near the bottom yet. They will bounce, as they did last week, but I don’t believe it will take. As long as there is fear, confusion and uncertainty about the Coronavirus and the way it is being dealt with they will continue to sell off.
 
I believe this is the beginning of a massive recession or even worse. I hope I’m wrong, but I don’t think so. This is why I told anyone who would listen to get out of the stocks and either short them, if you can, or sit on the sideline and wait. Expect another volatile and vicious week. Stay vigilant about your physical and fiscal health and use common sense.

Thanks Mitch. Is this the crash you’ve been expecting as it happened a year earlier than you predicted or do you still feel the around Feb 2021 there will be another crash as you predicted? If so, do you feel it would it be steeper than what the markets are experiencing currently?

Heya!
Mitch, absolutely love your works. We’ve spoken once before.
Just a thought, would it be fair to say this mercury stationary is pretty much conjunct the precession? Haha
‘Where are we’?
😀

/Chris, Stockholm

I have been following your posts since last September , I am nearing retirement and transferred my 401k earnings into bonds. Everyone thought I was crazy…Like a fox. Thankyou.

You are amazing Mitch!

You tell me about everything I want to know. You are my favorite political and financial commentator. I look forward to your emails every day.

Thank you Dee