" . . . this is 100% accurate going back to the 1800s."

Chief Technical Analyst at UBS predicts a big--about 40%--drop in the stock market in the next year or so. And hey, the backcasts have been 100% accurate for more than 100 years. 

But I'd rather trust my granduncle's forecast: "Sometimes stock prices go up. Sometimes they go down."

Comments

[kyle8]

I am expecting the same thing, for my own reasons. And it will happen fairly soon, before the middle of the year I suspect.