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Stocks

“Stock market is at the start of a selloff, says veteran trader Larry Williams”

“You should trust your instincts if you’re nervous because of the wobbly action in the S&P 500 Index SPX, -1.11%,  Nasdaq COMP, -1.07%  and the Dow Jones Industrial Average DJIA, -0.87%  since these indices got slammed in early September.

Starting right about now, the stock market will see a significant and sustained selloff through about Oct. 10. Don’t look to gold as a hedge. It’s riding for a fall, too, despite the widespread misbelief that it protects you against losses in weak stock markets…”

https://www.marketwatch.com/story/stock-market-is-at-the-start-of-a-selloff-says-veteran-trader-larry-williams-2020-09-18?siteid=yhoof2&yptr=yahoo

My outlook is more optimistic but for those of you trying to avoid risk this is a safe bet to say the market is trending this way.

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