The Analyst who predicted the 2008 Global Meltdown now Warns Investors!

MEDIA ALERT!

MARKET PLUNGE PREDICTED!

Today the stock market had the sharpest decline of the year. This came at a time that optimism by analysts was near multi-year highs.

Did any analyst foresee the plunge? Global market authority Bert Dohmen did! Once again he called the market top within one day. He is one of the analysts who predicted the 2008 global crisis, in his book, PRELUDE TO MELTDOWN, written in 2007 (Amazon.com).

His SPECIAL BULLETIN of the renowned WELLINGTON LETTER was headlined:
MARKET CORRECTION AHEAD
He wrote:
The bullish sentiment of analysts is reaching the “giddy” phase. One analyst last week said he expects the S&P 500 to go to 2000 this year (currently around 1360). Another one said today he expects 1700. That’s the sentiment always seen at tops.
The “risk-on” trade is now as overbought as the “risk-off” trade was at the low in early October. That means that the popular areas of the past two months will see very sharp corrections.
The dollar will rise. And that will trigger corrections in all the areas that had benefitted from a weaker dollar.
In the SPECIAL BULLETIN he demonstrated with charts that the big trading operations had been selling the majority of stocks since early February, at the same that that they were pushing the widely-watched indices upwards in order to disguise the selling. This is called “distribution.”
He wrote:
The indices are easy to manipulate. For example, the NASDAQ 100 index has 10 stocks that are 54% of the capitalization. Apple is 16% of the index. So, they only have to move 10 stocks to control the index.
Greece has now been officially declared to be in “default” on its debt. Creditors were cajoled into reducing their claims by a hefty 130 billion euros. That’s sets a bad precedent.
Bert Dohmen is one of the top technical market analysts, with over 34 years of experience. He has made some of the most astoundingly accurate market forecasts over that time, calling many of the most important market tops and bottoms, often within 1-2 days of the turn, as in 2007.
BERT DOHMEN, editor of the acclaimed WELLINGTON LETTER, now in its 34th year.
Author of PRELUDE TO MELTDOWN, (2007)
Author of FINANCIAL APOCALYPSE (2011)
Author of THE COMING CHINA CRISIS (2011)
Rated top MARKET TIMER, including the #1 rating (Timers Digest)

Bert Dohmen is founder of the Dohmen Capital Research Group which has a remarkable 34 year track record of forecasts on the investment markets, interest rates, recessions, and currencies. It has no conflict of interest, does not manage money and only provides its research to serious investors and money managers via subscription services.

Dohmen Research Inc.
P.O. Box 492433
Los Angeles, CA 90049

Santy Fernandez, office@dohmencapital.com

This release was published on openPR.