Chris Rowe

The Market Will Drop Fast -- Don't Waste Another Second

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At the end of May, I wrote an article titled, 5 Reasons the Stock Market is Going to Crash in June. In that article, I said, "There are so many things pointing to a sharp sell-off in the very near-term future, it's amazing. The only thing -- the very last signal I need to see before becoming an aggressive bear -- is a weakening of the internal market."

I said I would let you know when "final shoe drops," and that time has com.

You MUST reduce your bullish exposure and consider taking bearish positions right now to profit from a bloody market.

You did not -- I repeat -- did NOT miss the boat.

This market is going to get smashed up for a little while. You are going to start to hear it in the financial media, because they will see the external market averages -- S&P 500 (SPX), Dow (DJI) and Nasdaq (NASD) -- continuing lower. We saw this early in the internal market last week.

What Should You Do Next?

If you have bullish positions on the table right now, you have some choices to make. Exit them, hedge them well or, at the very least, reduce the exposure by selling half and sitting in cash.

Personally, I'm a big fan of just making serious profits on the downside move by taking bearish positions.

You might think the market has already sold off, and you've missed the chance.

WRONG! There is more downside to go.

First, you need to get out of the way -- the bears are stampeding (yes, on Wall Street, bears can stampede), and if you're a bull right now, you're gonna get torn to bits.

But don't just run away from it. Get bearish and profit from the decline.