The Most Inevitable Sell Off in Market History
Let me the backdrop for you. Some of the richest people in the world are underperforming
the major indexes by about 16% on average this year. They are taking a body blow right to the gut.
There are only 4 months left in the year and huge salaries depend on their performance for
the entire year. There is good news here. The year is not over!
Now, they can waive the white flag and simply ride along with the market and accept a major
beatdown or maybe just maybe they can look to pull a rabbit out of their hats.
What if by chance the market breaks down while a group of motivated money men
short the pants off of it to make up for their severe positioning. Seem far fetched?
These motivated folks are coming back from Labor Day vacation. Let's see where this returning
volume takes us. My guess is as good as yours. However, I think its just inevitable.