DOW 20,000 Coming Home To Daddy By New Year - What next ?

Just to go back to September, I predicted DAX would hit 11,000 – which it has, FTSE would hit 7,000 – which it has and Dow would hit 20,000 – which it will before this year is out.

Now that would be three predictions on the money from back in September, before the US elections – also predicting that the markets would rally regardless of who was elected, weather Trump or Hilary.

I have also said repeatedly for the last year that once Dow hits 20k I will be closing all long positions and simply watching – I will have no positions once Dow 20k is achieved . The reason being that we have reached a bubble scenario, which means either we fall from New Year heavily or the fantasy and the bubble continues to Dow 22,000 ish or even higher. All shall be revealed Jan/Feb 2017.

2016 has been an incredible ride so many predicting the markets to fall heavily or on election of Trump we would experience an immediate 10% drop.

I took the contrary view and have been proven right.

All in all – To be safe and secure close all positions by the New year, watch and tap your fingers for direction.

 

All in my humble opinion and no investment advice intended.

Andre

www.clevergamesuk.com

 

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Comments

1. Deborah says:

   December 17, 2016 at 1:55 pm

   You are absolutely brilliant sir, a very special mind with incredible breath taking foresight.
   Thank you so much for your contributions and hope for continued success in 2017.
   kindest of regards

   Debs

2. Anthony G. says:

   December 17, 2016 at 2:43 pm

   You are the most insightful person I have ever read Sir, your intuition is simply awe inspiring.
   Your number one fan

   Ant

3. walliam says:

   January 1, 2017 at 4:37 pm

   increditable! but how?how can u so sure? i am going to short DOW, but i am not sure 20000 or 22000 is the top? i am watching. i am totally agree with dOW will down to 4000-5000 one day.

WHAT IS ADVFN?

ADVFN covers all things stock market.

From the news and opinion pieces on pages like this to share discussion forums, charting tools, financials, live share prices and Level 2, order book data

If you trade or invest ADVFN has the tools you need to make the right decisions.

• 

  101 Ways to Pick Stock Market Winners

  You need the number one bestselling investment guide, the definitive text for day traders, investors and stock pickers.

• 

  The Death of Wealth

  Dissecting the global economy and the financial markets, the book lays out the evidence for the next economic game changer: the Death of Wealth.

• 

  Mark Austin

• 

  Capital Spreads

• 

  Ella Mason

• 

  Tom Winnifrith