Is it time to short the stock market?
December 14 — The first down move in the Dow Jones started around 14,198 (October 2007) and bottomed at 6,470 (March 2009). With all the quantitative easings (QE1 and QE2), the market topped again in May 2011 around 12,876. We think that the odds of resuming the downtrend with vengeance are very high and the downward speed will be fast and furious. Read more
