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Eurodollar COT Says Ugly Drop is Still Ahead of Us
Certainly it's plausible that we will see a big drop, but a quick google search showed me that McClellan was saying 2015 would be a good year for stocks based on a Presidential cycle.
He was also warning of the "dreaded" Hindenburg Oman in 2010 and 2014, that apparently did not come to fruition.
If you call for a market crash every couple of years, you should get one right every decade or so.
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Certainly it's plausible that we will see a big drop, but a quick google search showed me that McClellan was saying 2015 would be a good year for stocks based on a Presidential cycle.
He was also warning of the "dreaded" Hindenburg Oman in 2010 and 2014, that apparently did not come to fruition.
If you call for a market crash every couple of years, you should get one right every decade or so.