DOW 6,000 Extreme Sell-Off Coming-Gregory Mannarino
Trader/analyst Gregory Mannarino called the top of the DOW in May 2015. The market was well over 18,000 then and currently more than 2,000 points lower. Mannarino now says the Dow is going to “6,000–or lower.” Mannarino warns, “People need to be ready for a major, extreme sell-off in equities which are inflated in a bubble.”
Mannarino also says that the current stock market is, “the biggest bubble of them all that was inflated by a runaway central bank, and I believe it is bursting now. . . . There is nothing to push this back up.”
Trader/analyst Gregory Mannarino called the top of the DOW in May 2015. The market was well over 18,000 then and currently more than 2,000 points lower. Mannarino now says the Dow is going to “6,000–or lower.” Mannarino warns, “People need to be ready for a major, extreme sell-off in equities which are inflated in a bubble.”
Mannarino also says that the current stock market is, “the biggest bubble of them all that was inflated by a runaway central bank, and I believe it is bursting now. . . . There is nothing to push this back up.”
Коментар