Zeev's Turnips Patch-No Politics (ZEEV)

[marketmaven]

Bobby P emergency one page note

Prudent bear post; NEW 10/19/2005 11:24:35 AM
The wave two bounce in the Dow ended four trading hours ago. Wave 3 down is beginning. Expect the market to develop into a crash, with panic increasing into halloween and then culminating within hours. From that low, the market should stage a dramatic 3-day bounce for wave four and then resume declining to lower lows for wave five. This decline should leave 10,000 behind for good. investors stay in cash; speculators stay short. Gold and Solver are reversing downward and will not provide sanctuary from cash.