January 22, 2014

Dow Industrials will fall hard and fast soon - Jan 22, 2014

Based on Dow's theory, an intermediate bear market is not only a definite, but imminent. At this point, it looks like a minor bear market will ensue. If this start to look bad on the weekly charts, then it means the bear market will get really bad. I'm not putting any stock into "maybe", only into what I know as of right now.

Buy a minor position in VXX today. I reckon it will pay off nicely in about a month, and will offset losses in equities.