• Knave Dave
    05/23/2016 - 18:16
    This past Thursday marked the one-year anniversary of the US stock market’s death when stocks saw their last high. Market bulls have spent a year looking like the walking dead. They’ve...

Tom DeMark: A 11% Drop In The Market Is Imminent

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Wed, 01/19/2011 - 10:25 | 886863 Thomas
Thomas's picture

Short timescale predictions are usually wrong.

Wed, 01/19/2011 - 10:27 | 886868 monkeyfaction
monkeyfaction's picture

This will happen 1 second after my put options expire worthless on Friday.

Wed, 01/19/2011 - 13:32 | 887474 dracos_ghost
dracos_ghost's picture

+1. I hear you on that one.


Starve the market. Play Online Poker!!!!

Wed, 01/19/2011 - 14:36 | 887692 theXman
theXman's picture

Seriously, I think you are right. Selloff should start next week or even Friday.

Looks to me that market is drawing a (at least) near-term top on the chart. Today's action is just a warning shot. Expect a strong bounce either tomorrow or Friday. Then the flood gate will be open

Wed, 01/19/2011 - 10:36 | 886895 Turd Ferguson
Turd Ferguson's picture

Hey, I found this cool interview with The Great Hugh Hendry. Worth watching:


Wed, 01/19/2011 - 10:42 | 886906 Turd Ferguson
Turd Ferguson's picture

Yes, anything from Hugh Hendry is definitely junk.

Junk you, too, douchebag.

Wed, 01/19/2011 - 10:58 | 886945 Snidley Whipsnae
Snidley Whipsnae's picture

Take it easy Turd...or, as my dad used to say 'don't let the sons of bitches get you down'.

Hendry is sharp and you have a great site going...What does the azz hat that junked you have going?...Probably a corner in his/her parent's basement. :)

Keep the faith, keep up your good works!

Wed, 01/19/2011 - 11:01 | 886953 Turd Ferguson
Turd Ferguson's picture

Thanks, Snid.

It would be fun to see tyler add some type of positive feedback button so that one coiuld measure the perceived "quality" of each comment.

Wed, 01/19/2011 - 11:02 | 886955 Rodent Freikorps
Rodent Freikorps's picture

Illegitimi non carborundum

Wed, 01/19/2011 - 11:17 | 886992 Snidley Whipsnae
Snidley Whipsnae's picture

I believe that at times we can measure how close we are to the truth by the number of 'negs' our posts receive.

Of course there are outliers to every rule of thumb... like Harry Wanker. :)

Wed, 01/19/2011 - 12:11 | 887138 TruthInSunshine
TruthInSunshine's picture

Speaking of Harry Wanker, who are the dickheads junking Turd Ferguson?

Wed, 01/19/2011 - 12:23 | 887172 RockyRacoon
RockyRacoon's picture

It's the 2011s, man.   Junk is the new thumbs-up.  Admirers all.

Fri, 01/28/2011 - 00:42 | 912068 Freddie
Freddie's picture

I think Turd has created the catch phrase for 2011:

"Junk you, too, douchebag."


Wed, 01/19/2011 - 22:12 | 889050 prophet
prophet's picture

Your contributions demonstrate vision, leadership, quality, and value.

Thu, 01/27/2011 - 23:53 | 911988 Freddie
Freddie's picture

LOL!  Maybe he does not like your hat.

Wed, 01/19/2011 - 10:42 | 886912 DaveyJones
DaveyJones's picture

I predict 12.25% and if that's wrong, I predict everything will eventually go to hell.

Wed, 01/19/2011 - 10:50 | 886923 cosmictrainwreck
cosmictrainwreck's picture

good call !

Wed, 01/19/2011 - 10:25 | 886864 101 years and c...
101 years and counting's picture

only 11%?  that can be done in 10 minutes.


Tue, 01/25/2011 - 08:15 | 902012 Eric Cartman
Eric Cartman's picture

It can, but you have to be there to exit your shorts because it can correct just as fast. lol. flash crash, flash rebound then melt up...

Wed, 01/19/2011 - 10:26 | 886865 SAME AS IT EVER WAS

better get a little dip while you still can.

Wed, 01/19/2011 - 10:26 | 886866 terryg999
terryg999's picture

Maybe it will put some volatility in ES that I can get some decent trades out of...

Wed, 01/19/2011 - 10:27 | 886867 John Law Lives
John Law Lives's picture

The PPT has been put on notice.  Imagine what would happen to the NASDAQ if Steve Jobs saw his health decline to the point that he couldn't work.

Wed, 01/19/2011 - 10:33 | 886883 flacon
flacon's picture

"work" is a subjective term. 

Wed, 01/19/2011 - 17:05 | 888183 Common_Cents22
Common_Cents22's picture

Ever see "Weekend at Bernies"?   Jobs will always be around.

Thu, 01/20/2011 - 01:14 | 889277 Moonrajah
Moonrajah's picture

Personally, I think the recent AMC TV series "The Walking Dead" is a better example. After all, we already see a lot of Jobs-followers either in products or in stocks - looks to me that he must've bitten them sometime before and now the disease (applefication of the brain) is widespread.

Wed, 01/19/2011 - 10:27 | 886869 Vergeltung
Vergeltung's picture

will they let it fail? after all they've done to date. why should they stop now?

Wed, 01/19/2011 - 10:27 | 886871 RobotTrader
RobotTrader's picture

As long as gold keeps rising, a 11% market drop is unlikely.

However, a correction could be close, as the XRT and XLF are now starting to underperform for the first time in a long time.

Wed, 01/19/2011 - 10:48 | 886919 lieutenantjohnchard
lieutenantjohnchard's picture

hey catfish mouth. where's that zlc chart that you slapped up last week mocking the bears? now you're calling for a potential correction at the same time you're braying that "a market drop is unlikely."

Wed, 01/19/2011 - 11:21 | 886965 bluemaster
bluemaster's picture

"most used indicators by professional"   Robo how long pro can survive trading futures using indicators :-)    


monthly chart for Emini , DAX and ASX . http://www.ac.com.au/images/monthly.jpg


Market will drop when most of us are "long" and CNBC,WSJ and rest of Gestapo media

say blue sky is limit .

Wed, 01/19/2011 - 12:06 | 887121 fiddler_on_the_roof
fiddler_on_the_roof's picture

Robo is right about XRT showing weak hands. I am out of S&P and now am short some retail/restaurant stocks since 2 weeks and they have already dropped 10% since then. I expect S&P to drop now.

Wed, 01/19/2011 - 12:58 | 887320 HarryWanger
HarryWanger's picture

Agreed that a slight 3-4% correction might be looming here. I said last week I thought once we hit 1300 we'd see the pull back. 11% is ridiculous. The pull back should take us to 1250 level which is where the buyers will flood back in.

Wed, 01/19/2011 - 10:30 | 886877 The Axe
The Axe's picture

Please, impossible while Sack has a bloomberg and a printing press. The market is broken, thus it does not and will not function as market. It will be pushed up and up until Ben comes out on to the carrier deck and declares victory.

Wed, 01/19/2011 - 10:34 | 886890 unwashedmass
unwashedmass's picture


didn't you see the picture of their office in the Times? They don't have a bloomberg news terminal.

Wed, 01/19/2011 - 10:30 | 886878 TradingJoe
TradingJoe's picture

Physical PMs and Puts! Rest is History!

Wed, 01/19/2011 - 10:32 | 886880 pat53
pat53's picture

LOL... another top caller, not a chance SPX 1350+, then maybe a small correction

Wed, 01/19/2011 - 10:32 | 886881 tmosley
tmosley's picture

Wow, a top calling troll calling for a top in something other than PMs.

How extraordinary.

Wed, 01/19/2011 - 10:37 | 886898 goldmiddelfinger
goldmiddelfinger's picture

A shit snuffling troll calling TD a troll? You FOOL !!! Beware fools

Wed, 01/19/2011 - 11:42 | 887051 tmosley
tmosley's picture

Tyler didn't write that article.

Also, you're the fool that sold his gold for a 100% profit when he should have gotten a 1000% profit.  

Wed, 01/19/2011 - 11:47 | 887062 goldmiddelfinger
goldmiddelfinger's picture

Silver coins for 100% you FOOL. Not gold.

135% AGQ 7 weeks up to 12/07/10. How about you, You bootlicking moron?


Wed, 01/19/2011 - 13:36 | 887486 The Rock
The Rock's picture

Maybe he meant the other TD (Tom DeMark), the author.  :-)

Wed, 01/19/2011 - 10:32 | 886882 billhilly
billhilly's picture

Blah, blah, blah.  If I had a dime for every "imminent" market drop I'd be a richer man.  Talk about "hopium", I've been waiting for this for 6 months now and am beginning to really believe that the market may NEVER EVER go down again.  Watching my shorts get soiled day after day after freakin day is the ultimate humbling/maddening experience...fookin FED!

Wed, 01/19/2011 - 10:38 | 886896 The Rock
The Rock's picture

I've been waiting for almost 2 fucking years now.

Wed, 01/19/2011 - 12:24 | 887173 anony
anony's picture


Wed, 01/19/2011 - 10:48 | 886921 SheepDog-One
SheepDog-One's picture

Just what they want everyone to think, it can never go down again. Good luck to anyone believing liars lies about altered laws of physics.

Wed, 01/19/2011 - 11:45 | 887059 Sean7k
Sean7k's picture

When you're printing money, it has to flow somewhere. Our job is to figure out where the flow will pool, that is, if your greed drives you to bet against every insider in the market, you have to find the streams of credit.

Will it be bonds? Will it be stocks? Will it be PM's? Can they head fake here and head fake there and scalp your bets? 

Once all the rules are broken, the chance percentages rage. 

Possibly, for once in a long time, it may just be dangerous to be a small speculator. Regardless of experience, once you sail into new waters, without charts, the shoals can capture your every dime.

Wed, 01/19/2011 - 10:34 | 886884 The Rock
The Rock's picture

Yeah right, every time "they" drag out Faber, Fleckenstein, et al, the market suckers in the shorts and melts up. Where's Taleb?

Wed, 01/19/2011 - 10:34 | 886889 oh_bama
oh_bama's picture

I am hoping a 11% dip, then I can buy the f**king dip!!

Wed, 01/19/2011 - 10:35 | 886891 bunkermeatheadp...
bunkermeatheadprogeny's picture

Sectors that lead rallies typically lead the sharp declines. The financials led this rally due to QE2, if financials do not lead an overall market decline, it will show just how fucked up this faux rally has been.

Wed, 01/19/2011 - 10:35 | 886894 max2205
max2205's picture

Ben has to have the 5 min spy chart up on his laptop. They hit right at sell signals. Chartists are losing their minds

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