“Well we got off easy with the Dow closing down ‘only’ 600 points.
“So does this change my sell recommendation? No, it does not. If we have a global recession coming, I just don’t see the US economy being strong enough to pull everybody else out of it, rather I see them pulling us down with them. …
“What I do is watch the trends and when the trends turn negative that’s when I say it’s time to sell. The trends have definitely turned negative and I see this trend getting worse.”
— Excerpt contributed by Philip Robins
Z-val definition and more forecasts in The Z-val Zone.
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