SPDR S&P 500 (SPY): I feel sorry for the bulls, who think th...

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Monday, 08/16/2010 12:53:11 PM

Monday, August 16, 2010 12:53:11 PM

I feel sorry for the bulls, who think this market's bear market is simply a correction

This is not a correction you guys. This is the start of a second bear market. Many Analysts and hedge funds are even setting themselves up for this. The Technicals will tell you, long term or short term, that this thing is gonna plunge once more. I know it, technicians know it, and even fundamentalists know it. I'm prepared for this crash and looking to cash in mad money once this crash is over.

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