Imminent stock market crash! Run to cash and gold now!

[mamboni]

Imminent stock market crash! AAPL is retracing the 1987 stock market crash perfectly.




Peter Schiff agrees:



8 reasons the selloff could get much worse

via MarketWatch:
Moving averages offer average closing prices for a stock or index over a defined period of days, helping traders identify trends.
Among the 200-day moving averages to watch:

• 12,991 for the Dow Jones Industrial Average DJIA -0.44% , which was broken Wednesday.
• 1,380 for the S&P 500 SPX -0.71% , which is still holding.
• 2,982 for the Nasdaq Composite NDAQ +0.04% , also broken Wednesday.

Sarhan said a key question for now is whether the current pullback — so far a relatively mild one — gets worse and enters correction territory, typically defined by a decline of more than 10% from a recent high.
He identifies dangers for the market that could trigger more selling:

• Continuing technical deterioration for heavy-hitting stocks like Apple Inc. AAPL -3.05% , which he said broke its 200-DMA last week ;
• A European debt-crisis flare up;
• Signs of U.S. economy or global economic slowdown;
• A new Chinese government that isn’t so friendly to the U.S. (Read: China’s leadership transition raises questions);
• And last but not least, the U.S. going over the fiscal cliff.

“Bottom line: Investorshttp://images.intellitxt.com/ast/adTypes/icon1.png want to know what catalyst (s) will help the market rally from here,” Sarhan said.

Read more at http://investmentwatchblog.com/the-d...Oe0po5y3Db2.99


When you overlay the two charts of Apple and the ’87 crash, they follow an eerily similar pattern (see chart below)


http://kingworldnews.com/kingworldne...rick%20172.jpg

[vacuum]

Thanks mamboni

I agree with the market crash possibly being imminent. I know we always say that, but take a look at the market and gas prices. We are seeing deflationary behavior. Previously the fed has been able to do bailouts and use other methods to pump things up. But that is no longer tenable. The fed has no tools left. The next 2008 is going to be the big one we've been waiting for.

[Neuro]

Black Monday?

[Horn]

Black Monday?

If they can't sell to the third world what they manipulated downwards on Friday.