(VIDEO). DOW 22,000 May Be Short Lived, Here's Why. By Gregory Mannarino

in money •  7 years ago 

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In the video below I cover how the irrational exuberance over DOW 22,000, to me, seems way overblown.
Moreover, this market needs a pullback to make the next leg higher.

Several dynamics are in play right now pointing to a move lower with regard to the stock market, and this my friends means opportunity!

Do not miss this one.

Gregory Mannarino @marketreport
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great video greg. The dow is an illusion

the big boys are getting short.

Definitely not sustainable--there will be a serious pullback at some point in the next few years if not sooner. I'm looking at way out of the money puts on the S&P.

I agree we definitely need a pullback but I don't know if TPTB will let it. The market is the number 1 political tool to keep the sheeple thinking all is fine and nothing to see here. Dow 22,000 gets the coverage precisely for this reason.

The dropping dollar is very, very concerning and yet it doesn't get a sniff on the MSM. Great video as always brother!

yes @marketreport u r right really market need to pull back to make the next higher...and i note the poit many time when market some down it sign of some other

yes sir u are absolutly right this this video of market games are learen me some new things for my more work in this

This market has to pull back at some point! Keep it up Greg!

I can see how shorting the FANGS would be profitable in the short term, but I don't think I have the stones to lay that wager lol

I can agree with that. I don't want to fight the FANG stocks due to the upward movement that has been almost non-stop.

Hello Gregory,
Thanks for this informative post on the markets.
I believe DOW will go to 23,000 before the Crash/Fat Finger Friday coming that will rip the face off the markets.

What do you think about Bitcoin and Bitcoincash/Bcash ?

Thanks Greg...your analysis is very helpful!

AAPL is the only one really pushing us higher! Well, that sucks for sure cause AAPL will fall apart when people stop buying their phones that are just a small upgrade from the preveious version. That is ridiculous!!!

AAPL going to be a buy on this selloff, but it'll see sub $150 first. I'll shoot for $147.00. Tattoo that number somewhere on your body so that you don't forget it. Then yes...of course you can come back and ask me how I "knew" :-) Nooow, let's see if I generatd my second consecutive 100% gain in 24 hours shorting the Q's. Nope, not yet, only need 7 more centavos on teh QQQ 143 puts that expire tomorrow though. Somebody STOP me! :-) I luv this trading crap, so eeeasy and so much fun! I wish everything in life was so easy. Don't you? :O

Everyone will want the next iphone. This one more than any other model. 10th anniversary of iphone.

Are you posting this from the line forming in front of your nearest AAPL store? If not you had better get over there and claim your spot in line. HURRY! :O

I only use Samsung, I wouldn't have an iphone in the house

Awesome suggestions greg dollar is on 30 months low and dow 22000 we should use this short opportunity thanks for the video.

Awesome video greg Dow 22000 a real short comes up what a nice tip greg we should capitalize on it.

I can agree that trouble is coming. DOW 22,000 is way too much. The Indicies feel like hyperinflation.

Due to the USD falling lately...I have introduced the so more challenges.

The Gold & Silver Futures Challenge:
People can bet on the Daily High for that day and earn 50% of the posts (SBD):
Everyday is a new Challenge. @revelationquotes

Gold Futures:
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Silver Futures:
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upvoted and resteemed greg i thing your suggestions and tips needs to be circulate all over the world so every body should capitalize on it.

Upvoted & Resteemed.
As always, I stand with Greg and I am ready to Rip the Face off this Market!!!
I will do it through Dollar alternatives though.
I feel much better about being in PMs and Cryptos.
Thanks Greg.

So many issues are invloved with this debt and the Dollar will pay the price whether it is now or in the near future. The Dollar being in this death spiral translates to me getting out of the USD and heading towards USD alternatives.
Thanks for the video.

Excellent post.

In my case greg I've got to protect myself against sterling, yet another good video thanks, cheers mike

Thank you Greg, I think you are right, talking heads are trying to bring the suckers in by saying its going to go much higher.

The Volatility being as low as it has for so long has been way too much. I have never seen the VIX like this before. I can't believe this. This just tells me that when the VIX explodes then the rest of the market will move so quick and violent.

"Finally" a sell signal on TLT here at 125.70+. If you guys can't rally gold and silver on rising interest rates then I give up on you guys. :-) Let's see if they switch the "safety" trade over to the dollar now that Greg said the dollar is in freefall again today. Trust me, I'm doing EVERYTHING I possibly can to get you guys off your asses. I want the dollar to drop!

Dang... my up-vote wasn't even worth a penny......... D'oh

Here's a penny for your thoughts...I think I'm worth a penny anyhoo. :-)

VIX won't move too much higher on the current marekt selloff. I figger 11.50 tops.."if" it even gets that high. A nice wave of market selling into the close with some follow through on the open tomoorow and I figger that by mid day tomorrow the compooterized trading wizards will be ramping em higher just in time for Aug options expiry. :-) "Looks like" I'm going to have to try and bring bond prices down (interest rates up)Market driven interest rates dropping like a sumbeitch and you gold and silver bugs STILL can't get off your sorry asses. Jeeesh, what a weak bunch. I always tell parents with young children >>> "Don't let you kids grow up to be goldbugs." Truly "the most" clueless class of investors on planet errrph. Crypto loonies a very close second though. I'll be changing that soon. I think you will enjoy the commentary by all of the local "believers" who got the rug pulled out and are wondering >>> Whaaa haaappun?!! :O >>> :-)

How would we know and understand if we were currently in a debt reset? I am waiting to see and would like to better understand.

Silver, at near spot, is easiest way for me to invest, from local coin shop. No Numismatic, unless, at near spot, or if you know what you are doing.

I trade my paper dollars for silver dollars, at local coin shop.

Again you are right and made a good call by lettings others know it and we upvoted

Great video Greg, thank you. I am staying with all of the discounted silver I can find today! @marketreport

Hi Greg, I see the 10 yr. yields down today. Gold fluctuating between 1265. - 1277. Silver fluctuating between 16.55 - 16.75 DOW up .04 Nasdaq down .35 S&P .22 OIL down. So what's really going on??
Appreciate everything you do brother. Keep up the GREAT work. :C) Upvoted

Thank you for the update

Money to be made

The old say do not fight the FED still exist. Thanks for the info. Silver in the long run I like.

Greg your words are absolutely spot on dollar is on 30 months low no doubt about it and still weak and now dow 22000 overbought another real short term trade sneaking in. thanks greg to share your experience with us.

The Russell 2000 has been fairly beat up over the last week.

I have short deltas in IWM and will probably look to cover soon. I don't trust the irrational exuberance Greg!

So what's your take on TLT and/or VXX as a result of a "reset"? And is there a possibility of the HFTs kicking in to sell as a result of the dow hitting 22K?

  ·  7 years ago (edited)

Just look at the last two recessional dips the next one is going to be way worse if you look at the Dow Jones Chart. If it follows the same pattern, the pull back seems to move lower than the last. This means that the next recession will move the Dow Jones back under 6000. And a lot of normal people are going to lose their money. It is going to be very sad times for people not on the ball.

I agree it has to pull back.

Hell, I remember saying Dow 18000 wasn't sustainable! Here we are at 22000! How? For all I know it'll be 100000 in a few years with the way the handlers manipulate it all. I don't think it is sustainable nor do I think it'll keep climbing without a big pullback but then again I can't seem to call it.

Thanks for the video.

Thanks Greg. I agree on your picks but don't have any dry powder.

nice video

Thanks for all the great info and keeping us up to date. - Blessings

I guess at some point it will pull back
Thanks for the video @marketreport

This is going to be very interesting time. Especially for the real estate market. I'm building up my experience and reputation in the real estate investor world so I can be ready for the next crash.

Perfect money-making opportunity!

My local TV channels are all giggly about DOW 22,000. We need to find fair market value.

the dow is a fake market.. we just have to take advantage of that

its crazy the DOW is so high but that is only measured in dollars, if you measure the DOW in something else like gold or silver or oil you will see a completely different chart and it shows that the DOW is in real trouble and is starting to get punished. so let the DOW go up and up the longer you stay in it the worst your purchasing power will be. Thanks so much for the post.
With this BOUGHT DOW (FED) what do you think if it hits the 30k level or greater, what do you think they will push the silver and gold markets lower?

Greg I have a question: I see what is happening with the markets and I feel confident that it will not continue to rise (because its being propped up and does not reflect our actual economy) My question is that when the manipulation ends, what do you think will happen to comities...namely gold, silver, real estate, and the construction industry (the prices at home improvement stores)

Thanks for all this valuable information Greg sir.

Saw this today on zerohedge. Looks like they may approve a Bitcoin ETF by the end of 2018 according to the analyst who wrote this. Pretty ominous - they will probably start manipulating Bitcoin as well if the ETF is approved:

http://www.zerohedge.com/news/2017-08-02/bitcoin-etf-approval-odds-are-way-analyst-says

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Another excellent video. I'm very glad to hear that we should be going into alternative investments of gold/silver and cryptocurrencies.

DOW 23 000 soon! Stay tuned!

Lets see what happens after this morning BLS-BS report.

No need to thank me for my work on TLT, Greg. Let's you, Alan Greenspam, and me rip their faces off! :-) Relax, I'll be exiting my dollar long early today. I'll bring it back down. You "know" how much I love you gold and silver bugs. :-)

Irrational exuberance.... I get that from time to time. Reset!!!!

Thanks greg mannarino for sharing this awesome knowledge with us it really helps us to decide what to do next in market.