Do not walk about the plane. Fasten seat belts…

Posted on Oct 23, 2012 by in Letters

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p97142210271&a=214966864

We warned you about October 19.  The market is clearly spooked.  And of course, no one knows why.  Well, we know why.  It's because a lot of heavy selling took place.  Why's that?  Who knows?  There is a major sun flare around this time.  But basically all those sellers sold before the music stopped and they couldn't find a chair.  There, that explains it.

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