Savvy Trades and Investments

[wadegarret]

This almost 12 year bull market is topping

IMO. I am calling for a massive correction that lasts for 2-3+ years in which the Nasdaq falls at least 70%, the Dow at least 40%, and the S&P at least 50%. I believe this correction starts between now and March 2021. The assumption of the vaccine, and a hugely successful economic recovery is already more than priced into this market. They say sell on the news, and I think that will be apropos when the first news comes out that the vaccine is actually out to healthcare workers with tolerable side effects- likely late Dec or early Jan.