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Stock market ready to explode on the upside with most nasty divergences – are you ready for the last leg of the bull market?
Sonja Massey
Jul. 16, 2007
The stock market will get the required fuel for a blasting lift off. The Producer Price Index data is mild and the Industrial Production is robust. That is the best news the market can expect.
The stock market all on a sudden became put buyers stampede zone in the last few weeks. This always happens at the end of a historic bull market. Just before a final explosive blow off blast, the common invertors and market makers all on a sudden become bearish and buy put options left and right. Then comes the explosive rally. The rally always is full of divergences. At the end of the rally starts the historic multi-year bear market.
Expect some more than 400 points rise in Dow Jones Industrial Average now. Recently we had one that went to 286 points. In March 2000, we had a 400 point Dow rise in a single day.
The bigger question is after those explosive upside moves will you have the stomach to short the market? If you do you will end up rich – very rich by the end of this decade.
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