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SMF Insiders Called the Market Top 2011
5/15/2011
Read on to learn how StockMarketFunding called the elusive market top and how you can take advantage from profiting from a market downturn.
On 4/25/2011 StockMarketFunding did weekly analysis and said a Stock Market Correction was around the corner on the
S&P 500
,
Dow Jones
, and
Nasdaq
.
At SMF we look for blow off tops and that is exactly what we saw when the Dow Jones rose to 12,928.50 on the news of Bid Laden's death which brought it all the buyers at the market top. From May 2nd to the 5th we saw the Dow drop 423.6 points.
On 5/3/2011 we gave people the warning that the "stock market correction" was underway.
Stock Market Prediction 2011 Market Correction Has Started Part 1
Stock Market Prediction 2011 Market Correction Has Started Part 2
From the 5th through May 10th, we had a counter trend to the upside of 301.75 points.
We educated traders and investors worldwide that volatility had returned to the market. Since May 10th we've experienced 203.24 point average intraday range on the Dow Jones. We didn't break through the key 13,000 on the Dow Jones because we were already overbought has we indicated in our other
Dow Jones videos
.