Prediction #1
Just as in October 1998, another disaster will soon cause the markets to drop creating a double bottom. Those "short the market" will make big profits and a "buying opportunity" will be created.
In case you don't remember October 1998 - incredible fear was generated from a hedge fund disaster which caused a major sell off.

Here is a chart showing what it looked like.

 

 

 

 

 

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