| Fellow Trader,
(If you missed Special Report: A Sneak Peek at the Next Bear Market in Stocks I urge you to read it now.)
Well the wild ride in the stock market has continued to reinforce Gann Global Financial's argument for a decline in the later stages of 2007.
They've recorded another video: Are you ready for an S&P "Runaway Decline"?
At present, the overall 9% decline in the S&P 500 is strikingly reminiscent of the 9% decline which preceded the crash of 1987.
In fact, a video reveals that the pattern of the 1987 "crash" is the closest fit of any historic precedent since 1886!
Could the S&P be Tipping its Hand?
This new video by James Flanagan takes an in-depth look at the comparison between the current stock market and this 20-year cycle (the 1987 crash).
As of yet it doesn't look like we have confirmed the 1987 pattern.
But, if we do, the other shoe should drop and the decline should be much greater than what we have experienced so far.
If that scenario plays out, James feels this stock market would have the potential of JOINING THE CLUB of "Greatest Runaway Declines in History."
Watch the video here - Are you ready for an S&P "Runaway Decline"?
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PS - Year of Transition - Gann Global Financial - This year should be a major transitional time frame with two major financial events taking place... Major events in the financial markets Video |
# posted by Swingtrade @ 1:37 PM
