H L Quist - The Myth Buster

A TRAP HAS BEEN SET! DESCRIPTION: Our FEATURE today focuses on the US stock market since there was a substantial rally in all the indices at the end of last week. From early October when the markets reached all-time highs we've experienced incredible volatility. By the end of October all the US markets experienced a major sell-off  over 10%. A rally ensued in early November that reached close to the all-time highs only to experience another sharp decline to near its' October bottom. An almost perfect DOUBLE BOTTOM (DB) was reached setting up a critical phase on a technical basis. Last week's sharp rally avoided a breach of the DB and now the indices are targeting a TRIPLE TOP! We discuss what caused the rally? Is it sustainable? And, do the fundamentals signal further gains or a crash? Other topics include:The BUY NOW mantra, A bonafide rally and a bonafide bust, Fed fears debt risks, The gold short covering rally, The plan to destroy the US dollar by 12/31/18, German police raid  Duetsche Bank &a