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Tony Robbins Issues Warning on the Stock Market - Mike Swanson (08/16/10)

Submitted by Mike Swanson on Mon, 2010-08-16 07:25.

For over a month now I have been telling people that we are in a bear market and that they need to take action accordingly - both in the private members section of this site and with people I know. Last week I issued a video sharing my views to the general public.

I believe we are in a bear market that is going to last into the second quarter of next year fueled by further deterioration in the economy.

Thousands of people listen to what I say, but when it comes to something like this very few people are able to get defensive in the stock market, because they are more fearful of missing out on a rally than they are of losing money.

It's crazy - especially considering how we have just lived through two vicious bear markets in the past ten years and witnessed a collapse in real estate prices and now are living in a time of economic malaise - but the average person who gets in the stock market is unable to deal with reality and simply gets caught up in greed and the fear of missing out.

This is a video one of the website members found and shared by someone who is a better video talker than I am. Maybe it will help you to wake up and make some adjustments to your portfolio. His advice on what to do is 100% spot on.



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Hello. My name is Mike Swanson. I’m the best-selling author of the book Strategic Stock Trading. In a former life I used to run a hedge fund from 2003 to 2006 that generated a return of over 78% during that time frame. In fact it was ranked in the top 35 out of 5,000 hedge funds in 2005.

After I retired from the hedge fund world I setup this website and blog. If you sign up for my free weekly email list below I’ll send you an update on average about once a week on my views of the current stock market trends and share with you actionable investment ideas.

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This is reality.

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