Dow Plunge Means 'Death Cross' Signal Nears Major Sell-Off

Has the 'Death Cross' Signaled an Ugly Reality Check for Americans? By Aaron DeHoog Financial Publisher, Newsmax and Moneynews With the market plunging another 420 points today, a recent Wall Street Journal headline may prove to be eerily accurate: "The Unthinkable Is Finally Becoming a Reality." So what is this new reality? Well, we've seen . . . The S&P unapologetically downgrading the U.S. credit rating to second-class status. 500-point market swings pummeling average American wealth. And our Congress making "lip service" promises they have no intention of keeping with regard to their spending. And this may just be the beginning of the end . . . Today's massive sell-off caused a little-known indicator called the "Death Cross Signal" to flash bright red, something that happens when the 50-day moving average crosses the 200-day moving average in a downward trajectory. This signal has caught the eyes of inside experts such as John Nyaradi of MarketWatch, who stated, "All three major U.S. indexes now are in Death Cross mode." This is a huge "SELL" signal that may cause many institutional investors to start pulling their money out, further sending stocks down. One prophetic economist sounded the alarm months ago, long before The Wall Street Journal said the "unthinkable" would happen, and long before the Death Cross Signal flashed red. His name is Robert Wiedemer, the founder of The Foresight Group. He is boldly predicting a 90% stock market drop, 100% annual inflation, and 50% unemployment. For most, his predictions seem "unthinkable" at first glance. But then they see the charts that provide evidence for such claims. See for Yourself, Click Here. Disbelief in such claims is only natural. It is the same reaction people had in 2006 when Wiedemer predicted that the housing, stock, credit, and private debt markets would soon collapse . . . After the recession struck as he foretold . . . people stopped doubting his analysis. Then, when he warned of the federal debt and dying-dollar crises in 2009 . . . countless Americans took the necessary steps to prepare their wealth to weather the storm. Second-guessing Wiedemer's insight is reckless, considering his track record. In fact, the S&P says "his track record demands our attention." Dow Jones adds that his work "is your bible, read it, get into action, and be a winner." Newsmax recently hosted a special event with Wiedemer called the Aftershock Survival Summit. It was a powerful moment when millions of Americans united to get the real story on how dangerous the future could be. Russ from Wichita, Kan., said it "scared the hell out of me. It was a great wake-up call (even though I wasn't asleep)." Susan from Montgomery, Ala., said it was "awesome, eye-opening, and mind-boggling." Don E. from Edgewater, Fla., said, "It caused me not only to think . . . but to act." Perhaps most importantly, Wiedemer gave those who were fortunate enough to view this broadcast a step-by-step guide for protecting their investments, savings, insurance, homes, and jobs. With the "unthinkable" lurking and the Death Cross flashing "sell," it is important to have an investment strategy to protect you in the worst of times. You can view a private airing of the Aftershock Survival Summit by clicking here. Aaron DeHoog Financial Publisher Newsmax and Moneynews This e-mail is never sent unsolicited. You have received this Newsmax e-mail because you subscribed to it or someone forwarded it to you. To opt out, see the links below. TO ADVERTISE For information on advertising, please contact Newsmax Advertising Sales via e-mail. TO SUBSCRIBE If this e-mail has been forwarded to you and you would like to sign up, please click here. Remove your e-mail address from our list or modify your profile. We respect your right to privacy. View our policy. This e-mail was sent by: Newsmax.com 4152 West Blue Heron Blvd., Ste. 1114 Riviera Beach, FL 33404 USA 1243795 CDE6-1