Predictions are different than trading; here's my worst case possibility for a "crash" "correction" or whatever you want to call it. The Russell is going to shed another 20-25% and overshoot a moving average to fill a gap that was created 1/31/13. If this comes to fruition; then the tape i've been watching and the the patterns i've been seeing; will have definitely been controlled selling; allowing the big boys enough time to unload. As well as a lot of other outlying indicators; margin debt; corporate buy backs and insider selling, will have proven to be legitimate indicators for those with patience and the ability to deviate from the heard.
There is a solid chance that the loud roars from the bulls for april to be a stellar month for stocks; will come back to bite them in the ass and cause a dramatic april reversal. I think we could see another 3.5% come off in the Month of April on the Russell. Bringing April to a close with a -5% MTD return.
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