Attention, investors: Spooky times are on the way for the stock market.
You should trust your instincts if you’re nervous because of the wobbly action in the S&P 500 Index (SPX) Nasdaq (COMP) and the Dow Jones Industrial Average (DJIA) since these indices got slammed in early September.
Starting right about now, the stock market will see a significant and sustained selloff through about Oct. 10. Don’t look to gold as a hedge. It’s riding for a fall, too, despite the widespread misbelief that it protects you against losses in weak stock markets.
The bottom line: Ghosts and goblins come out in the market in the runup to Halloween, and we can expect the same this year.
That’s the view of trader Larry Williams, who offers weekly market insights at his website, I Really Trade. Why should you listen to Williams?
I’ve watched Williams accurately call