The Stock Market Crash May Be Near For ETF Investors

Surreal

It is going to be surreal to me if the market continues to decline in a fashion as I outlined in this post.  I mean how often does the market actually do what you really expect it to do ?  Maybe it is a 50/50 proposition.

If it does, then Monday July 12, 2010 may be our black monday and the epicenter of the drop and the final low that will allow the market to start base building again and trading sideways to higher.

An accelerated drop into mid July would set the stage for a sideways to up rally into the very bearish September October period which may correlate with another drop at that time below the 666 sp500 March 2009 low.  But that is looking way to far ahead at this point.

First, lets see if surreal turns into real this and next week.  If it does turn into real then I would expect to see major major front page headlines in full bold face type on all the leading newspapers.

Now that I think about it I might just buy myself a copy of the New York Times each day of this week and next to see what the coverage is.  If there is an issue that covers the stock market in a full front page spread with a large photo and very fat oversize bold type, then that is probably the signal that the decline has reached its maximum point and climaxed.

Written By Tom From Best Online Trades

BestOnlineTrades covers many different aspects of trading, from commodities to stocks, from indices to ETF’s.

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