KrunchieKilleen
Short

S&P 500 Mild Monday market means meltdown coming soon

FX:SPX500   S&P 500 index of US listed shares
89 0 0
Monday 6 October was no Black Monday. After rising early, prices slipped gently back to show a slight drop overall. As astute investors pocketed profits after a long summer ascent, the bulls did not believe that the uptrend had ended and saw opportunity in the reduced prices. You and I have, however, sold our stocks and even, some of us, taken short positions. We will see an investment opportunity when prices fall forty per cent, or level out at thirty.
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