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You don't -- staying on the markets and I want to bring in that market watcher Dan -- they're huge and perpetual and prominent bad.
That a lot of permanent they are just to bear in this cycle -- Danica.
A you know how much money you've lost the -- who took your advice they'd be staying out of the market because you say it's gonna crash.
Well that's not true take responsibility.
And show me a viewer that's done that might be happy didn't respond I don't I don't -- -- -- what they don't I don't I just she understand I am long stocks and I am also short the market so I'm not just a 100% short.
Okay there's -- -- -- he's a former Goldman Sachs trade yeah forgot -- night but he says.
On the doubt a drop of movement to she that's what I -- to that the price to go yes well.
The via megaphone pattern targets 5000 on the Dow and I like -- -- explained in 1973.
2 December of 1974.
The stock market dropped 50%.
In the final drop of the megaphone pattern.
And Nixon resigned in August of 74 and then the market to get down now with -- -- thing.
Is that it's the political winds that are gonna cause the stock markets go down I heard that earlier story the IRS issue the NSA issue.
There's a very big political problem in this country who market's gonna get affected by that at the political problem is with the Democrats on the left and the president to tends to be on the left you just think that its handling political problem in the tail end of this cycle.
Is when they start hanging people.
No bankers have been jailed.
From the from the debacle that her happened 2009.
No professional traders have really had problems they hate the way out.
At the end of this cycle this is when.
The the courts and the people movement starts to say you know what enough is enough for Randy and I so -- something wrong and that ties and addressed declining market -- you're looking at -- very very long term cycles via the -- actually -- market and start to sell off rapidly and within the next year and a rapidly you'll be when you wake up every morning and it's down down down down.
This is just -- three trillion dollar bubble by the Federal Reserve.
That just in historical terms is never ever work just look at Japan what -- listen to it and I'm not -- outlets.
I'm saying I'm gonna be a 100% right this is that all the tea leaves are winding up that we are sheep common in the Federal Reserve has created this problem by the way the Federal Reserve.
You know it's not a in the in -- in your listeners need to understand is it's not a US entity.
The Federal Reserve is a separate entity it's not even federal and it has no reserve -- Colleen -- I guess I just I know I know I know what year old coming.
So let's leave it at this you think that 5000 on the Dow is coming before 20000 yes I -- look at active.
Gone back down -- like to see you again soon thank you we have.
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