Tuesday, July 29, 2014

Another US stock crash round the corner, says market guru


The US stock market will suffer a 20 percent or greater pullback within 12 months says Mark Cook, a legendary investor who predicted the last three major crashes including the 2007 world eonomic crisis.

The trader didn’t specify the exact time when the market will fall. His index, called Cumulative Tick, only predicts the approximate moment of a turnover of a trend. But even after the strongest of signals the market can still continue to grow and break records, Market Watch reports .... http://rt.com/business