A Matter Of When – Not If
It is just a matter of when, not if, the stock market takes out it’s June lows. Everything is in place with the economic fundamentals deteriorating and the charts and technicals indicating a crash is imminent. Next week will be six weeks since the August highs and the following week is both the crash week(7th from the top) and the beginning of October. Today or tomorrow may see a bounce if we get to the lows this week but it will be a chance to buy some puts if you can find a setup that isn’t overly expensive. Once again, I suggest keeping an eye on my favorite crash canary, TDG, for clues to what happens next.