October 12, 2018

The technical damage to the stock market from this week has been severe. Support has been broken, formations shattered, and both the 50- and the 200-Day moving averages have turned downward.

Yes, stocks will bounce, but stocks bounced in late 2007 too.

We all remember what came after that.

If you are not actively preparing for a potential market meltdown, you NEED to do so now.

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