It's all about the January

So I guess forget the last thing he said about a correction in January


"In 2017, I will publish a breakdown of sectors and the differences between them. Keep in mind that the bulk of the retail public are not yet back in the market. The majority keeps saying how overvalued the market is, yet a substantial amount of people are all looking to buy the dip. Trump will be very good for the US markets and economy. Reducing taxes will bring capital home and it has already resulted in a new 13-year high in consumer confidence. That is the key to the market going into 2018.
The reflection point that will tip the scales to extremely bullish will turn on confidence.


What MUST BE UNDERSTOOD here is we have two possible patterns: (1) We leave 2016 as the intraday high temporarily and back off, moving to retest support into 2018, and then rally in a major breakout into 2020, or (2) we press immediately higher and complete the rally by 2018 followed by a harder crash and burn.


These are the two possible paths that are coming up and it will all depend upon the actions and tone we set in January. We will prepare a very important special report on this topic."


(ask-Socrates.com)


So either stocks are going to take off then crash, or crash then take off.  I'm not sure how actionable that is.


(1) looks more likely to me as rates are going up, and I expect government rigging to subside as the good guys are taking over things.


Also Trumps tweet about the Dow being so high a day or two ago might mark a long term high.


Things like this mark the highs all too often.  Reminds me of Obama saying to short Russia (at the lows)  I think specifically he was talking about the currency.