Will the Dow fall 4 000 points?
People laughed at Joe Granville some weeks ago when he perdicted the DOW would fall 4000 points this year. Then, all of a sudden, markets sold off hard, while volume and vol exploded. The buy the dip investors are still trying to buy the dip, but this bounce is losing steam. Silver is currently reversing the move, and about to enter negative territory on the day. Let’s see if all markets reverse down today. Meanwhile, time to review what Joe Granville actually said a few weeks ago. Video below: