LG:
"However, few if any on the MDA thread have called for a crash."
That is more than this thread which was zero until now. I have never ever called for a "crash" on S.I. before. I have used the word adjustment and correction, but never a crash.
I am not using the word crash lightly, as I believe we are in very dangerous waters right now.
As for this:
"Regarding the call you mentioned above (posted below), it encompasses not just next week, but eight weeks approximately 1/12th of a year. That is a pretty wide window, considering the current state of the Market!"
Just between you and me, I believe it is going to happen in the next two weeks. We will leave out September. It will be our little secret.
The jokes can begin after two weeks are up if the crash doesn't happen. But I have firmly stated that no crash will happen unless 10,410 DOW support is broken along with these capitulation numbers:
"COMBINATIONS OF LEVELS BELOW NDX 2,185, DOW 10,410, UTIL 313, RUT 417, SPX 1,287. THESE ARE THE LEVELS FOR CAPITULATION. IF YOU SEE THE BOYS HEADING FOR THE EXITS today or anytime next week approaching these levels, YOU KNOW WHAT TO DO."
Best, J.T.
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