Tice has prepared for this bust his whole career and has been cool as a cucumber since it started. He’s an E-waver and thinks we’re on the verge of the big C-wave that destroys all hope.
It is worth noting that the S&P500 Daily Sentiment Index reached 85% recently, and this more than any other signal says to me that we have topped for now. The question now is what happens if and when we drop 50-100 S&P points: do we bounce up to a new high, bounce around a range for several weeks, or keep on going right through 666?
One could probably do worse than taking a position in BEARX right now or scaling in over the next few months.
