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Thursday, January 31, 2008
URGENT ALERT - Stocks trigger BEAR TODAY
 
I have received an all out sell signal for the Dow Jones Industrials and S&P 500. The major moving averages on both of these indexes will trigger sell signals at the close of the market today.

What does this mean?
It means the major influence of the market and momentum is now DOWN. Sell all rallies and be prepared for a few years of downside, The last trigger we had was in April of 2003 was to BUY the Dow Jones at 8900 we have now received an all out SELL on a close TODAY below 12,800.

Does this mean the market will crash or go down immediately?
Not necessarily, many times it will short term rally to even close to the all time high, but don't be mislead this is a selling opportunity and be thankful you if you get one.

I Look for lower Interest rates to continue along with a rapidly declining dollar and surging Gold, Silver, Energy and Food prices over this time frame. Stagflation will be the new buzz word on the street. Stagflation will be here for a while and very profitable for Gold holders during the remainder of '08. Stagflation is a Stagnant Economy with Inflation.   

For more Information call me directly at the number below. Write this day down on your calendars. Be ready for a few years of a VERY strong downtrend in the stock market.

JMC
 
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